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Medtronic to acquire Companion Medical for smart insulin pen system · Endata

◂ Announcements

Medical Devicesworld trade 2024+5.1% 5Y CAGR

Aug 11, 2020ACQUISITIONSan Diego, United States

Medtronic to acquire Companion Medical for smart insulin pen system

Medtronic announced the planned acquisition of privately-held Companion Medical, manufacturer of the InPen smart insulin pen system, to expand its diabetes management portfolio.

Status

Announced

Productssmart insulin pen system

CompaniesMedtronic plc acquirer Companion Medical target

Sectors#Medical Devices

“This acquisition is an ideal strategic fit for Medtronic as we further simplify diabetes management and improve outcomes by optimizing dosing decisions for the large number of people using multiple daily injection (MDI).”news.medtronic.com

1 source
news.medtronic.comPress releases | MedtronicAug 11, 2020

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

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