A game of musical chairs

We are still trying to figure out the logic behind yesterday’s news that Ascensia has partnered with Senseonics. As we noted yesterday this deal doesn’t seem to have a solid business rational behind it. The best we can figure after giving it more thought is that this deal was driven more by fear than any solid business rational. That the CGM market has become so hot, that the market is growing so fast that those companies not yet in the market are playing the childhood game of musical chairs, afraid that when the music stops they will not . . .

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