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Medtronic and Tandem Diabetes Care enter patent cross-license agreement · Endata

◂ Announcements

Medical Devicesworld trade 2024+5.1% 5Y CAGR

Jul 9, 2020PARTNERSHIP

Medtronic and Tandem Diabetes Care enter patent cross-license agreement

Medtronic and Tandem Diabetes Care have entered into a non-exclusive patent cross-license agreement for diabetes technologies, covering existing and new products for at least five years, with no payments exchanged.

Status

Completed

Productsinsulin pumpscontinuous glucose monitoring systems

CompaniesMedtronic plc partner Tandem Diabetes Care partner

Sectors#Medical Devices

“Cross-licensing each other’s patent portfolios enables both companies to focus on helping people with diabetes through innovation of future products and services, while avoiding the distraction of potential legal disagreements.”news.medtronic.com

1 source
news.medtronic.comPress releases | MedtronicJul 9, 2020

Summarized from public sources; check the original articles before acting on it.

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