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This morning Bigfoot BioMedical and Abbott (NYSE: ABT) announced the following;

“Abbott (NYSE: ABT) and Bigfoot Biomedical today announced that the companies have entered into an agreement to develop and commercialize diabetes management systems, integrating Abbott's FreeStyle® Libre glucose sensing technology with Bigfoot's insulin delivery solutions in the United States.”

This is a major step forward for Bigfoot as they move ever closer to bringing their version of a closed loop insulin delivery system to market. It also comes at a time when the insulin pump world is about to transform yet again. It’s no secret that . . .

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