Medtronic has agreed to distribute Allurion’s gastric balloon weight-loss therapy.
Minute Insight: Medtronic To Help Allurion Market Gastric Balloon In CEMA Region
Medtronic, an investor in Allurion, will help distribute Allurion’s inflatable gastric balloon in specific regions.
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Reuters reported that global private equity firm Carlyle Group has offered to pay at least $7bn for Medtronic’s patient monitoring and respiratory interventions businesses. Medtronic announced its plan to get out of those businesses about one year ago.
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