October 19, 2021
Crazy Stupid
In our many years we have seen some incredibly crazy and stupid moves in the insulin pump space. In 2003 Roche paid over a BILLION bucks to buy Disetronic who was then the number two player behind MiniMed. Shortly after the acquisition the FDA halted sales of Disetronic pumps and the company never recovered. Yet not content to blow a BILLION bucks Roche doubled down and bought Medingo in 2010 for a measly $200 million, then through in more millions and still today where is that Solo patch pump?
Smiths Medical under their Deltec unit came out with the Cozmo . . .
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