HomeSectorLife SciencesSwitzerland: Ypsomed to sell diabetes business to TecMed for up to CHF420m

Switzerland: Ypsomed to sell diabetes business to TecMed for up to CHF420m

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TecMed has entered into an agreement to acquire the Ypsomed Diabetes Care business of SIX-listed Ypsomed for up to CHF420m (US$517m), including earn-out. TecMed is a Burgdorf-based company controlled by…

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Nick Herbert
Nick Herbert
Nick Herbert has over 30 years’ experience in the financial markets, as both a practitioner and journalist. He started work as an investment banker in London, before joining International Financing Review (IFR) to report on debt capital markets and derivatives. He moved to Singapore in 2000 to manage IFR’s financial markets editorial team throughout Asia, before returning to London in 2009 to take up the position of Publisher for Reuters Capital Markets Publications. For the last five years he has been covering global capital markets, ESG finance and healthcare markets on a freelance basis.
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