Medtronic Plugs ‘Biggest Hole’ In Diabetes Platform With Surprise Abbott Deal – Analyst Reactions

Medtronic and Abbott announced partnership to integrate Abbott’s CGM sensor with Medtronic’s insulin pump, which marks a major departure from Medtronic’s former “closed-system” approach. Medtronic also announced FDA clearance of its Simplera CGM, paving the way for its use in smartpens.