Full Archive

Consolidation?

Here is a short history lesson for those who believe the insulin pump market is set for consolidation. May 2001 Medtronic acquires MiniMed for a whopping $3.7 Billion, February 2003 Roche buys Disetronic for $1.2 Billion and December 2005 JNJ buys Animas for a partly $518 million. You may have noticed that of the three major deals in the space only MiniMed remains. You might also notice that MiniMed once seated...

Rock’em sock’em

One of my favorite toys when I was mere child was rock’em sock’em robots. The goal was simple to knock your opponent’s block off. Our wacky world has several examples that fit the rock’em sock’em narrative. Lilly and Novo Nordisk have been going at it for nearly 30 years first with insulin now GLP-1’s. Abbott and Dexcom are going at it and honestly, I really want to see a cage...

Enough Already

Today I feel like Howard Beale in the 1976 movie Network as I’m mad as hell, and I can’t take it anymore. Let’s get right to the point Samsung can spend all the money in the world but they will not find the Holy Grail. Nor is the Libre integration with the Control IQ a material event that will help either Abbott or Tandem. Let’s take the later first as Abbott...

The LifeScan Lesson

Back in October 2018 Platinum Equities paid $2.1 billion to acquire LifeScan from Johnson and Johnson. JNJ knew the BGM market was on the wane and to their credit wanted to get out before the market completely collapsed. Even though CGM was showing signs of life it had not yet become the standard for glucose measurement. LifeScan at the time had almost 20 million users globally and was throwing off...

Armed for a fight?

Many years ago, an experienced diabetes device executive told me you’re not really in the business until someone sues you, that’s when you know you have something. Well don’t be shocked when Insulet once again uses their IP portfolio to sue that latest entrant into the Omnipod wannabe race Modular Medical who on Friday submitted their Omnipod wannabe to the FDA. Just how close is the Insulet – Modular connection? Sitting...

Wild Wackiness

Tomorrow night the Green Bay Packers a 9.5-point underdog will play the number one seeded San Francisco 49ers. While few expect the Packers to repeat their performance of last week when they destroyed the Dallas Cowboys but then again no one expected the Packers to win that game either. Regardless of the outcome there is no question Packer fans are feeling the love while us loyal Bears fans have to...

The enemy of my enemy

Right this very moment Dexcom and Abbott are involved in a protracted costly legal battle over IP. At one time the two sides put aside their differences agreeing not to sue the other. With this agreement set to expire Abbott spurned Dexcom’s repeated requests to extend the agreement and decided rather than wait for Abbott to sue them they instead sued Abbott. Funny thing is both sides privately admit that...