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Print Edition StoriesTuesday, September 21, 2010
AgaMatrix, Sanofi-aventis launch glucose meter plug-in for iPhone
By Michelle Lang
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AgaMatrix Inc., a Salem, N.H.-based maker of blood glucose-monitoring products, and its Paris partner Sanofi-aventis have launched blood glucose monitoring devices BGStar and iBGStar that connect to the Apple iPhone or iPod touch.
Planned for commercial availability early next year, the devices are intended to help patients self-manage their diabetes. The plug-ins can monitor blood glucose levels, conduct on-the-go testing and communicate results with healthcare professionals.
AgaMatrix and Sanofi-aventis signed a development partnership deal in March, calling for the French firm to combine its insulins, Lantus and Apidira, with AgaMatrix’ blood glucose monitors (BGMs). Under terms of the deal, Sanofi-Aventis will hold exclusive licenses to the BGMs that are co-developed by the two companies and will sell through its Global Diabetes Division. AgaMatrix may continue to commercialize its own BGMs separately from the deal.
AgaMatrix was founded in 2001 by entrepreneurs Sonny Vu of MIT and Sridhar Iyengar of the University of Cambridge. The company incubated for two years in the offices of incTANK Ventures, which provided seed funding for the company.
Read more about the BGStar and iBGStar products.
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