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Medtronic Stands To Be Biggest Beneficiary Of J&J's Exit From Insulin Pump Market

Animas, a division of Johnson & Johnson, will stop making Animas Vibe and OneTouch Ping insulin pumps, close operations, and exit the insulin pump business, the company announced Oct. 5. J&J is offering patients currently using these devices the option to transfer to Medtronic device. Medtronic is already the leading supplier of insulin pumps worldwide.

Chess

Johnson & Johnson's decision to pull the plug on its Animas Corp. business and get out of the insulin pump market completely will likely help Medtronic PLC build on its dominant position in that market while creating opportunities for smaller players – including Insulet Corp., Roche, and Tandem Diabetes Care Inc.– a chance to build on their small market shares.

On Oct. 5, Animas, part of J&J's Diabetes Care division, announced that it will discontinue manufacturing and selling Animas Vibe...

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