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TNDM Tandem Diabetes Care Inc

45.00
8.44 (23.09%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Tandem Diabetes Care Inc NASDAQ:TNDM NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  8.44 23.09% 45.00 43.57 45.98 47.00 42.4568 42.92 6,234,216 01:00:00

Abbott, Tandem Diabetes Care Move Ahead to Develop Technologies for Automated Insulin Delivery Systems

29/06/2020 2:58pm

Dow Jones News


Tandem Diabetes Care (NASDAQ:TNDM)
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By Robb M. Stewart

 

Abbott Laboratories has finalized a deal with Tandem Diabetes Care Inc. to work together on automated insulin delivery systems.

Abbott said the companies will develop and commercialize systems that combine its continuous glucose monitoring technology with Tandem's insulin delivery systems to provide more options for people to manage their diabetes.

The companies first announced plans to work together in late 2019. The agreement covers technical development of device integration and associated commercial support activities.

Abbott and Tandem Diabetes Care will focus their initial commercial activities in the U.S. and Canada, with additional geographies considered in the future.

 

Write to Robb M. Stewart at robb.stewart@wsj.com

 

(END) Dow Jones Newswires

June 29, 2020 09:43 ET (13:43 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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