Cloning Lifescan
This article was originally published in Start Up
Executive Summary
Looking for high acquisition valuations like those paid for Lifescan by J&J and for Medisense by Abbott, a host of new diabetes start-ups are trying to develop alternatives to finger-stick home glucose testing. Most companies are developing less-invasive or non-invasive technologies to reduce or entirely eliminate the pain of testing. LXN, on the other hand, is aiming to improve glucose control through an at-home version of the state-of-the-art glycated protein test.