1. Medtech Insight
  2. >>Business
  3. >>Deals

Bigfoot and Abbott Join Forces to Develop and Commercialize Diabetes Management Systems

 
• By Marion Webb

Bigfoot Biomedical Inc. and Abbott Laboratories Inc. today signed a partnership agreement that calls for the integration of Abbott's FreeStyle Libre CGM into the artificial pancreas system Bigfoot is developing. The move is an endorsement for Abbott's no-calibration, easy-to-use CGM system over other major players in the CGM field, including Dexcom.

California-based startup Bigfoot Biomedical Inc. and diabetes giant Abbott Laboratories Inc. announced today they have inked a partnership to integrate Abbott's FreeStyleLibre continuous glucose monitoring (CGM) system into the smartloop automated insulin delivery system Bigfoot is developing

Jefferies analyst Raj Denhoy believes Bigfoot's decision to pick Abbott's FreeStyle Libre as the CGM for its diabetes management system "comes as a surprise." In a July 13 note, Denhoy writes "The selection of Abbott over Dexcom Inc

Read the full article – start your free trial today!

Join thousands of industry professionals who rely on Medtech Insight for daily insights

  • Start your 7-day free trial
  • Explore trusted news, analysis, and insights
  • Access comprehensive global coverage
  • Enjoy instant access – no credit card required
Start Free Trial

Already a subscriber?

More from Deals

23andMe Purchase Will Let Regeneron Scale Drug Development

 
• By Alaric DeArment

The consumer genomics firm will operate as a subsidiary, while Regeneron plans to leverage its database for drug discovery and trial design efforts.

Deals Shaping The Medtech And Diagnostics Industries, March 2025

 
• By Medtech Insight Team

An interactive look at medtech and diagnostics deals made during March 2025. Data courtesy of Biomedtracker.

Roar Of Eargo-hearX Merger Echoes Through US OTC Hearing Aid Market

 
• By Malcolm Spicer

The firms recently announced they will operate as combined company LXE Hearing marketing Eargo’s namesake line and hearX’s Lexie brands. Eargo majority owner Patient Square Capital added $100m to its investment.

Anglonordic 25: Women’s Health Needs Therapeutic Success To Encourage Wider Investment

 
• By Natasha Barrow

Health tech is at the forefront of the women's health sector, securing 38% of venture capital in 2024. However, panelists at the Anglonordic Life Science Conference held 3 April asserted that a successful therapeutic breakthrough is key to gaining investor confidence and accelerating venture capital.

More from Business

Mirvie Launches Predictive Blood Test For Preeclampsia

 
• By Marion Webb

Mirvie launched Encompass, a blood test to help identify women over age 35 who are at moderate risk for preeclampsia, and will conduct additional studies to support reimbursements from payers.

Bringing Israeli Medical Device Candidates To The Right Partners In The US

 
• By Ashley Yeo

Despite regional unrest, it is business as usual for medtech innovators and investors in Israel as evidenced by continued high-value M&A of locally developed technologies. Irit Yaniv, co-chair of the medtech session at the upcoming BioMed Israel 2025, explained the unique dynamics of Israeli medtech innovation.

SpotitEarly Raised $20.3M In New Funding To Bring AI- And Dog-Sniffing-Powered Early Cancer Detection Test To US

 
• By Marion Webb

Israeli-based SpotitEarly hopes to bring an early cancer-detection test, which uses dogs’ noses to detect compounds in exhaled breath and AI analysis, to US homes in 2026.