New Diabetes Tech Alert: Abbott and Medtronic Announce Major Partnership
Abbott and Medtronic partner to create an integrated CGM-insulin system for enhanced diabetes management.
Breaking News
Sep 03, 2024
Mrudula Kulkarni
Abbott and Medtronic have entered a global partnership to
create a new continuous glucose monitoring (CGM) system, combining Abbott's
cutting-edge FreeStyle Libre technology with Medtronic's automated insulin
delivery systems and smart insulin pens. This collaboration aims to deliver a
holistic diabetes management solution.
The integrated system will automatically adjust insulin
levels to help maintain optimal glucose control, benefiting more than 11
million people globally who rely on multiple daily doses of rapid-acting
insulin to manage Type 1 and Type 2 diabetes. Medtronic will distribute the CGM
sensor that Abbott is designing specifically for compatibility with its
devices.
Jared Watkin, executive vice president of Abbott's diabetes
care business, said “This partnership pairs two global leaders in glucose
sensing technology and insulin delivery. Libre technology has set the standard
for accurate, accessible, easy-to-use and reliable continuous glucose
monitoring. Connecting this CGM built for Medtronic's insulin delivery systems
and algorithms makes it easier for people to spend less time thinking about
their diabetes and more time living."
"Our partnership with Abbott allows us to expand access
to our advanced automated insulin delivery and smart MDI systems that deliver
best-in-class outcomes with the most widely used CGM in the world. We're
committed to simplifying diabetes management and making the transition to
automated technology much more seamless for those who wish to achieve more with
their diabetes care.” said Que Dallara, executive vice president and president,
Medtronic Diabetes.
Abbott's partnership with Medtronic marks another step in
its ongoing efforts to enhance and simplify diabetes care, providing patients
with more options for effective insulin management. Abbott's Libre
single-analyte CGM technology is already accessible and integrated with
automated insulin delivery systems from various other companies, reinforcing
its commitment to expanding diabetes treatment solutions.