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Bayer to sell Contour brand

Bayer AG is to sell its diabetes devices unit to Panasonic Healthcare Co., Bayer Chief Executive Officer Marijn Dekkers is shedding peripheral units as he focuses on more lucrative life-sciences operations. Blood glucose monitors face competition from a new generation of products as well as increasing price pressure from governments. Bayer Diabetes Care UK will continue to operate as normal. Read more HERE.

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