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Exclusive: Roche exploring sale of diabetes device unit

Started by riky, May 16, 2013, 09:00:18 AM

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riky

Exclusive: Roche exploring sale of diabetes device unit

<p><a href="http://news.yahoo.com/exclusive-roche-exploring-sale-diabetes-device-unit-194338405.html"><img src="http://l.yimg.com/bt/api/res/1.2/xEHyNNIZxLEFDQ_YGz2VeA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-05-15T195233Z_2_CBRE94E1IST00_RTROPTP_2_ILLUMINA-ROCHE.JPG" width="130" height="86" alt="The logo of Swiss pharmaceutical company Roche is seen at the company's headquarters in Basel" align="left" title="The logo of Swiss pharmaceutical company Roche is seen at the company's headquarters in Basel" border="0" /></a>By Jessica Toonkel NEW YORK (Reuters) - Swiss drugmaker Roche Holding AG is exploring a sale of its blood glucose meters business, three people familiar with the matter told Reuters on Wednesday, as the industry grapples with increased competition and reimbursement pressure. The discussions about a potential sale of the Roche unit are still in their early stages and a deal may not materialize, one of the people said. Earlier this year, the Centers for Medicare &amp; Medicaid Services announced it was cutting the reimbursement for diabetes test supplies by up to 72 percent. ...</p><br clear="all"/>

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