logo
Share SHARE
FONT-SIZE Plus   Neg

Sanofi And Medtronic Forms Strategic Diabetes Alliance - Quick Facts

Sanofi (SNY: Quote) and Medtronic, Inc. (MDT: Quote) announced that they have signed a memorandum of understanding to enter into a global strategic alliance in diabetes. The alliance aims at improving patient experience and outcomes for people with diabetes around the world.

French drugmaker Sanofi said that the allaince will initially cooperate on developing drug-device combinations and offering care management services for diabetes patients. Based on results of the two initial priorities, the companies may explore other areas for potential collaboration.

Financial terms were not disclosed.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
US Steel Corp. (X) Tuesday said it will "adjust operations" and temporarily idle a part of its Minntac plant in Mt. Iron, Minnesota, effective June 1. According to reports, the move would see about 700 employees laid off. The company said the decision was due to its current inventory levels and ongoing... Hewlett-Packard Co. (HPQ) has filed a lawsuit against Michael Lynch, the co-founder of Autonomy Corp., and its former Financial Chief Sushovan Hussain for a whopping $5.1 billion alleging that the executives misrepresented the financial situation of Autonomy. An HP's spokeswoman confirmed that the... Nine acres of green grass with 400 trees and a half-mile-long walk way. We are not talking about any park, but the expansive rooftop of Facebook's new office. The 430,000 square feet office is a single room and it might be the largest open floor plan in the world.
comments powered by Disqus
RELATED NEWS
Trade SNY now with 
Follow RTT