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Smiths Medical to Promote and Distribute Abbott’s FreeStyle Navigator Continuous Glucose Monitoring System


WEBWIRE

Abbott Park, Illinois ( NYSE: ABT) and St. Paul, Minnesota — Smiths Medical MD will promote and distribute Abbott’s FreeStyle Navigator Continuous Glucose Monitoring System. Smiths Medical MDis the manufacturer of the CozMore insulin technology system and the Deltec Cozmo insulin pump.

To supplement Abbott’s own promotional efforts, a non-exclusive distribution agreement will allow Smiths Medical representatives to promote Abbott’s FreeStyle Navigator System to its growing customer base in the United States. Financial terms will not be disclosed.

Approved in March 2008 and available by prescription only, the FreeStyle Navigator System is designed to continually record interstitial fluid glucose levels for the purpose of improving diabetes management.

Abbott and Smiths Medical currently have an agreement to use Abbott’s FreeStyle strip port in the CoZmonitor blood glucose module, which is connected to the Deltec Cozmo insulin pump.

“We are pleased to partner once again with Abbott,” said Jim Stitt, president of Smiths Medical MD. “The FreeStyle Navigator Continuous Glucose Monitoring System is cutting edge technology. And when you use it in conjunction with the unique features of the CozMore insulin technology system, you have one of the most complete, state-of-the-art ways to manage diabetes.”

“Information is power. People with diabetes who already utilize tools that provide them with useful data, such as an insulin pump, will naturally be early adopters of the technology we are providing with the FreeStyle Navigator System,” said Chip Hance, senior vice president, Abbott Diabetes Care. “Adding to Abbott’s direct sales effort, Smiths Medical MD is helping us bring the latest innovations in diabetes to this patient population.”



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