I have a counter-story.
When I started my Phd in 2011, one professor, an absolute top player in the field and prof in a top tier university, revealed that he had patented a fully functional prototype a few years back, which allowed similar cheap non-stick measurement of glucose (i think this was on a principle similar to pulse oximetry rather than RF).
The patent was swiftly bought by a large pharmaceutical company and "buried", in order to protect sales of blood-sticks; by far the main source of profit in diabetic devices (his words).