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Senseonics Holdings, Inc. formed a strategic partnership with Ascensia Diabetes Care, making Ascensia the exclusive worldwide distributor of Senseonics' Eversense CGM systems. The agreement includes a financing arrangement with PHC Holdings Corporation for up to $80 million.
“Senseonics Holdings, Inc. today announced the formation of a strategic partnership with Ascensia Diabetes Care (Ascensia), through a commercialization and collaboration agreement, which will make Ascensia the exclusive worldwide distributor of Senseonics’ Eversense® CGM systems.”businesswire.com
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