Sanofi and Medtronic team up on diabetes drug-device combination

[riky]

Sanofi and Medtronic team up on diabetes drug-device combination

<p><a href="http://news.yahoo.com/sanofi-medtronic-team-diabetes-drug-device-combination-154518907--finance.html"><img src="http://l2.yimg.com/bt/api/res/1.2/n3sxekGoSwu2XPAsrcAZdA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2014-06-14T154518Z_1_LYNXMPEA5D0AP_RTROPTP_2_CHINA-PHARMACEUTICALS.JPG" width="130" height="86" alt="Employee walks into an office of French drugmaker Sanofi in Shanghai" align="left" title="Employee walks into an office of French drugmaker Sanofi in Shanghai" border="0" /></a>French drugmaker Sanofi said on Saturday it was teaming up with U.S. medical device maker Medtronic in diabetes. The announcement comes as Sanofi seeks to defend its No.2 spot in a global diabetes market worth over $40 billion, at a time when top-selling drug Lantus, the world's most prescribed insulin, is set to lose patent protection early next year. Under the terms of a memorandum of understanding, Sanofi and Medtronic will initially cooperate on developing drug-device combinations and offering care management services for diabetes patients. &quot;...Sanofi will tap into technology advances that aim to create holistic treatment solutions which take into account the individual patient's needs,&quot; Pascale Witz, Sanofi's executive vice president of global divisions and strategic development, said in the statement.</p><br clear="all"/>

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