iHealth Labs, a subsidiary of China’s Andon Health, recently received FDA clearance for their smartphone-enabled, miniature-sized (about the same circumference as a quarter) glucometer, iHealth Align. To use the glucometer, users plug it into their Apple or Android phone’s headphone jack. The device is then able to use the phone’s screen as a display. Adam Lin explained that by utilizing the phone’s headphone jack and display, iHealth was able to “keep the cost down,” though he realizes that the cost of the product isn’t the key component in preventing users from accessing their glucometer data. “It’s probably more of a known secret in the marketplace that the real margins is within the strips,” says Lin, referring to the test strips that must be continuously reordered. iHealth’s Simple Savings program will reduce the cost of its test strips for the iHealth Align device to about $0.25 a strip, about a quarter of the price of most name brands. iHealth Align will become available in July, first online and then at Walgreens and iHealth’s other retail locations.