Abbott And Medtronic Collaborate To Enhance Diabetes Treatment
Abbott and Medtronic partner to develop an integrated CGM system for automated insulin delivery.
Breaking News
Aug 08, 2024
Simantini Singh Deo
Abbott has unveiled an innovative global partnership with
Medtronic aimed at developing an integrated continuous glucose monitoring (CGM)
system. This system will leverage Abbott's cutting-edge FreeStyle Libre
technology and connect seamlessly with Medtronic's automated insulin delivery
(AID) and smart insulin pen solutions.
By combining Abbott's CGM sensor with Medtronic's AID
algorithms, the system will allow for automatic insulin adjustments, ensuring
glucose levels remain within the desired range. The CGM sensor, which is
specifically tailored to work with Medtronic devices, will be created by Abbott
and marketed by Medtronic.
These AID systems are designed to enhance health outcomes
while alleviating the continuous decision-making burden faced by individuals
with diabetes who rely on intensive insulin therapy. They will be particularly
beneficial for the over 11 million people worldwide living with Type 1 and Type
2 diabetes who require multiple daily doses of rapid-acting insulin. Details
regarding the financial aspects of the partnership and the timeline for
commercial launch have not been disclosed.
Jared Watkin, executive vice president of Abbott's diabetes
care business, said in a statement, "This partnership pairs two global
leaders in glucose sensing technology and insulin delivery. Libre technology
has set the standard for accurate, accessible, easy-to-use and reliable
continuous glucose monitoring. Connecting this CGM built for Medtronic's
insulin delivery systems and algorithms makes it easier for people to spend
less time thinking about their diabetes and more time living."
Que Dallara, Executive Vice President and President at
Medtronic Diabetes, "Our partnership with Abbott allows us to expand
access to our advanced automated insulin delivery and smart MDI systems that
deliver best-in-class outcomes with the most widely used CGM in the world.
We're committed to simplifying diabetes management and making the transition to
automated technology much more seamless for those who wish to achieve more with
their diabetes care.”
This partnership with Medtronic marks the newest addition to
Abbott's ongoing efforts to enhance diabetes care, providing individuals with
greater options for managing their insulin confidently. Abbott's Libre
single-analyte CGM technology is already accessible and integrated with
automated insulin delivery solutions from various other insulin delivery
manufacturers.