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  "documentTitle": "Dexcom, Inc. (DXCM)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": "Ben Axler",
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  "presentationDate": "2019-03-21 00:00:00",
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  "notes": "The slide highlights a significant deceleration in patient growth and revenue in the Spruce Point estimate compared to company guidance.",
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      "kind": "callout",
      "text": "Note that our estimated downside to patient growth could be conservative given Dexcom customers' price sensitivity and propensity to switch as revealed by our survey.",
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      "text": "Total Revenues: 5.3%",
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      "text": "Should Dexcom fail to come to market with the G7... we believe that the Company's potential patient growth runway would be for the most part restricted to a limited subset of T1 and price-insensitive ID T2 patients...",
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      "text": "Source: Spruce Point Research. 1. Dexcom issued long term guidance at their investor day on December 4, 2018.",
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      "text": "Financial model comparing Historical, DXCM LT Guidance, and Spruce Point Estimate across revenue and patient metrics.",
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      "kind": "title",
      "text": "Case Study: Dexcom Does Not Cut Prices For T2 Penetration",
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