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Medtronic scraps plans to buy wearable insulin patch maker Eoflow

One of the largest med-tech deals of 2023 was wiped off the charts when Medtronic plc terminated a $738 million agreement to acquire South Korean wearable insulin patch maker Eoflow Co. Ltd., citing “multiple breaches” under its agreements, on Dec. 6.

Medtronic cancels $738 million deal for Korean wearable insulin patch maker EOFlow

Medtronic cancels $738 million deal for Korean wearable insulin patch maker EOFlow
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Can Medtronic revive its beleaguered diabetes unit?

Can Medtronic revive its beleaguered diabetes unit?
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