Abbott Buys Bigfoot Biomedical – But What Lurks In The Forest?

 
• By Barnaby Pickering

Abbott and Bigfoot Biomedical have worked as partners for more than half a decade but will now continue as one. Analysts are questioning whether the merger will simply be a tuck-in for Abbott, or enable it to release an insulin pump of their own.

bigfoot in the forest
• Source: Shutterstock

After more than six years of diabetes platform co-development, Abbott is acquiring Bigfoot Biomedical for an undisclosed price.

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