Trinity Biotech Announces Entry into a Letter of Intent with Bayer for a Joint Partnership to Launch a CGM Biosensor Device in China and India
Both parties intend to negotiate a definitive agreement under the framework set by the Letter of Intent in the coming months.
- Both parties intend to negotiate a definitive agreement under the framework set by the Letter of Intent in the coming months.
- In addition to the proposal to enter the Chinese market, the Letter of Intent includes a framework for the intention to launch a CGM device in India.
- To date, CGM use in India is not widespread, but has been trending higher recently with increasing awareness about self-care.
- Trinity Biotech will host a conference call on Wednesday, January 31 at 8:30 a.m. EST to discuss its recent Waveform acquisition.