# 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.

- Type: Acquisition
- Announced: 2020-08-11
- Where: San Diego, United States
- Status: announced
- Products: smart insulin pen system
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Medtronic plc](https://endata.com/companies/19071.md) (acquirer)
- [Companion Medical](https://endata.com/companies/49236.md) (target)

## Sources

- [news.medtronic.com](https://news.medtronic.com/2020-08-11-Medtronic-to-Acquire-Smart-Insulin-Pen-Company-Companion-Medical), 2020-08-11: "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)."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.