In Brief: Medtronic
This article was originally published in The Gray Sheet
Executive Summary
Medtronic: Purchases worldwide manufacturing and distribution rights to Germany-based Tricumed's IP-20.1 fixed-rate and IP-35.1 selectable rate drug pumps and related accessories. The implantable pumps will complement Medtronic's SynchroMed pump, which is a higher-end device that can be reprogrammed after implantation through telemetry. Medtronic will continue selling the Tricumed pumps in Europe through Tricumed's distribution network but eventually plans to use its own direct European sales force...