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INDUSTRY NEWS
MEDTRONIC LAUNCHES the personalisation of glucose goals
MINIMED™ 780G SYSTEM with an adjustable target setting as
low as 100 mg/dL — lower than any
WITH SMARTGUARD™ TECH-
other advanced hybrid closed-
NOLOGY TO SIMPLIFY TYPE
loop system — and is designed to
1 DIABETES MANAGEMENT
help stabilise blood sugar levels
IN INDIA and further improve glucose
Medtronic has launched MiniMed control. Patients who participated
780G system in India. The MiniMed in a clinical study provided feed-
780G system is a next-generation back that the MiniMed 780G
closed-loop insulin pump system system ‘made life with diabetes and
for the treatment of type 1 diabetes control so much easier’ and that
in people aged seven to 80 years. it made ‘life significantly easier.’
The system automates the delivery
SOMERSET-BACKED equity shares, as per HNL’s draft of both basal insulin and correc- The system is part of the new
Medtronic portfolio of insulin
tion boluses every five minutes to
HEXAGON NUTRITION GETS red herring prospectus (DRHP). help people with diabetes avoid pumps with smartphone connec-
SEBI NOD FOR RS 600 CR Founded in 1993 by Arun and Subash highs and lows with greater ease. tivity via Bluetooth technology.
IPO Kelkar, HNL started as a micro-nu- This advancement allows users
Mumbai-based Hexagon Nutrition trient formulations player and at The MiniMed 780G system enables and their care partners to see
Ltd (HNL) on Monday said it received present it offers products across
the Securities and Exchange Board clinical products, micronutrient
of India’s (SEBI) approval to raise premixes and therapeutic prod-
Rs 600 crore through an initial ucts. Its product portfolio includes
public offering (IPO). Last year in fortification of foods, therapeutic
December, VCCircle reported nutrition, clinical nutrition and allevi-
that the company was set to file its ation of malnutrition. The company
draft papers for the IPO. The IPO sells its products in around 70
consists of a fresh issue of shares countries, currently from its three
worth Rs 100 crore and an offer- factories located at Nasik, Chennai
for-sale (OFS) of up to 30,113,918 and Thoothukkudi. (VC Circle)
|38 thecorporatereview.com | India | Vol. 3 | Issue 3 | March 2022 |39
