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NAMSR- Medical News: Medtronic and Sanofi form tactical alliance
Sanofi and Medtronic, Inc. have signed a memorandum of understanding to enter into a global alliance in diabetes, meant to improve the patients experience and outcome for people with diabetes throughout the world.
The alliance will be designed as an open-innovation model, leveraging the capabilities, as well as the human and financial resources, of both companies. The companies plan to work together in the future if the two initial phases go as planned.
"We know that insulin and other medicines are only one element of treating the whole patient. There is no day off in managing diabetes, and lack of adherence is one of the major hurdles to optimal disease management. That is why Sanofi is committed to developing integrated care solutions that focus on making life easier for people with diabetes and improving clinical outcomes that may help reduce costs to the overall healthcare system," commented Pascale Witz, Executive Vice President of Global Divisions & Strategic Development, Sanofi. "Through this important collaboration, Sanofi will tap into technology advances that aim to create holistic treatment solutions which take into account the individual patient's needs."
"Diabetes is unfortunately rising in prevalence around the world, driving up system costs and, most importantly, adversely impacting the lives of millions of people. Like Sanofi, we believe there is tremendous opportunity to better align care across the diabetes care continuum through new and varied technologies and patient care management strategies,"
The coalition will pair Sanofi's extensive insulin portfolio and drug development expertise with Medtronic's expertise in insulin pumps and continuous glucose monitoring. One of the priorities of the alliance will be to distribute novel drug-device combinations, together with new form factors that are affordable, convenient and easy to-use to increase therapy adherence and deliver better results. These efforts will focus on improving the management of Type 2 diabetes, particularly for people who cannot reach glucose control even with multiple daily injections of insulin.
Care management services, another priority area for collaboration, will be delivered through a program designed to guide people with Type 2 diabetes who are failing to achieve disease control on oral therapies through the initiation phase of insulin treatment. Insulin initiation can be challenging as a high number of patients drop insulin treatment in this early phase.
As world leaders in corresponding segments of diabetes care Sanofi and Medtronic already have an agreement in place serving specific Type 1 diabetes patients in Europe with an implantable insulin distribution system, and intend to add this project along with additional innovative projects to the alliance. Carrying out of the alliance is subject to the negotiation and execution of a final agreement between the companies.
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