{"id":41782,"date":"2024-08-29T09:01:06","date_gmt":"2024-08-29T07:01:06","guid":{"rendered":"https:\/\/www.emballagedigest.fr\/?p=41782"},"modified":"2024-08-29T09:01:08","modified_gmt":"2024-08-29T07:01:08","slug":"ypsomed-and-mtd-complete-the-sale-of-the-pen-needle-and-bgm-business","status":"publish","type":"post","link":"https:\/\/www.emballagedigest.fr\/en\/ypsomed-and-mtd-complete-the-sale-of-the-pen-needle-and-bgm-business\/","title":{"rendered":"Ypsomed and MTD complete the sale of the pen needle and BGM business"},"content":{"rendered":"

Ypsomed and Medical Technology and Devices S.p.A. (MTD) have completed the sale of the pen needle and blood glucose monitoring (BGM) systems business. This transaction marks a pivotal moment for Ypsomed, as it allows the company to focus its diabetes care business on commercialisation and development of its innovative mylife Loop insulin pump solution.<\/strong><\/p>\n\n\n\n

The sale of the pen needle and BGM business between Ypsomed and MTD was announced on 27 March 2024. The transaction is now legally completed, having fulfilled all conditions set out in the contract. \u201cAt Ypsomed Diabetes Care, we fully concentrate on innovative insulin pump solutions,\u201d states S\u00e9bastien Delarive, Chief Business Officer Diabetes Care of the Ypsomed group.<\/p>\n\n\n\n

\u201cThe completion of this acquisition is a transformative milestone for MTD Group,\u201d says Charles Bouaziz, CEO of MTD. \u201cIt accelerates our growth, opens new strategic markets, and expands our product portfolio, establishing us as the second-largest producer of pen needles worldwide.\u201d <\/p>\n\n\n\n

During a transition period, Ypsomed will produce pen needles as a contract manufacturer and provide certain services to facilitate a seamless transfer. The production equipment will be gradually moved to the MTD sites by mid-2025. The vacant space will be used for new tool making facilities at the Solothurn site.<\/p>","protected":false},"excerpt":{"rendered":"

Ypsomed and Medical Technology and Devices S.p.A. (MTD) have completed the sale of the pen needle and blood glucose monitoring (BGM) systems business. This transaction marks a pivotal moment for Ypsomed, as it allows the company to focus its diabetes care business on commercialisation and development of its innovative mylife Loop insulin pump solution. The […]<\/p>","protected":false},"author":2,"featured_media":41783,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"iawp_total_views":1,"footnotes":""},"categories":[28,12,81,7],"tags":[],"class_list":["post-41782","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-article-entier","category-news","category-packaging","category-pharmacie"],"acf":[],"yoast_head":"\nYpsomed and MTD complete the sale of the pen needle and BGM business - Emballage Digest<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.emballagedigest.fr\/en\/ypsomed-and-mtd-complete-the-sale-of-the-pen-needle-and-bgm-business\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ypsomed and MTD complete the sale of the pen needle and BGM business - Emballage Digest\" \/>\n<meta property=\"og:description\" content=\"Ypsomed and Medical Technology and Devices S.p.A. (MTD) have completed the sale of the pen needle and blood glucose monitoring (BGM) systems business. This transaction marks a pivotal moment for Ypsomed, as it allows the company to focus its diabetes care business on commercialisation and development of its innovative mylife Loop insulin pump solution. 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