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Merck buying into ‘smart insulin’ market

Drugmaker Merck is buying privately held company SmartCells, which is developing an experimental form of “intelligent insulin,” according to a recent article from the Financial Times.  The deal is reportedly worth $500 million.

The smart insulin, which is currently being developed, is supposed to be self-regulating, meaning that it is released only when it is needed due to elevated blood sugar levels.

The acquisition marks Merck’s move into the insulin space at a time when other large drugmakers have tried to break into the market traditionally dominated by Novo Nordisk, Eli Lilly and Sanofi-Aventis.

http://diabetesnewshound.com/type1/merck/

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