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Bayer builds diabetes unit with Metrika buy

This article was originally published in The Gray Sheet

Executive Summary

Bayer gains A1CNow+ pager-sized meter and disposable test cartridges for diabetic self-monitoring of HbA1c levels through its purchase of privately held Metrika. The glycated hemoglobin monitoring system complements Bayer's Ascensia blood glucose monitor line. Bayer's expansion of its consumer-focused diabetes care division with Metrika, for undisclosed terms, comes just a week after the divestiture of Bayer's lab-based testing business to Siemens (1"The Gray Sheet" July 3, 2006, p. 3)...
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