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Medtronic Is Not Going With The EOFlow – Deal Cancelled

 
• By Barnaby Pickering

Medtronic is dropping plans to acquire EOFlow, which has faced numerous patent lawsuits from Insulet.

• Source: Shutterstock

Approximately seven months after announcing its intention to acquire Korean pump-patch manufacturer EOFlow, Medtronic has abandoned the transaction. 

In a 6 December 8K filing with the US Securities and Exchange Commission, the medtech giant cited “multiple breaches”...

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