J&J to Close Diabetes Unit

Oct 09, 2017


Johnson & Johnson has decided to close its diabetes care unit, Animas Corp, signaling Animas’ exit from the insulin pump business.

After failing to find a buyer, Animas is shutting its business in United States and Canada. The decision will affect around 400 U.S. workers. J&J has been reviewing strategic options, including a potential sale of its diabetes care division, which includes LifeScan Inc, Animas Corp and Calibra Medical Inc.

Animas will be working with rival, Medtronic, to transition the nearly 90,000 patients using Animas pumps to pumps made by Medtronic.

Read the Reuters article

Show Comments
Hide Comments

Join the discussion

We welcome your thoughtful comments.
All comments will display your user name.

Want to participate in the discussion?

Register for free

Log in for complete access.


No one has commented on this page yet.

RSS feed for comments on this page | RSS feed for all comments