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Wednesday, March 31, 2010

Sanofi-aventis & AgaMatrix : worldwide agreement on blood glucose monitoring (BGM) solutions

Sanofi-aventisMarch 31, 2010 - Partnership to Contribute to Improved Quality of Diabetes Care - Sanofi-aventis (EURONEXT: SAN and NYSE: SNY) and AgaMatrix Inc. announced that they have signed an agreement for the development, supply and commercialization of blood glucose monitoring (BGM) solutions.
Under the terms of the agreement, AgaMatrix and sanofi-aventis will co-develop innovative solutions in diabetes care with the aim to simplify patients’ and healthcare providers’ diabetes management experience. These BGM solutions will be exclusive to sanofi-aventis and are designed to be synergistic to sanofi-aventis’ diabetes portfolio.

AgaMatrix
“AgaMatrix provides us with an excellent opportunity to develop a comprehensive offer combining our leading insulins LANTUS® and APIDRA® with easy-to-use and reliable blood glucose monitors,”... [PDF]Sanofi-aventis' Press Release -