Roche Decides Against Selling Diabetes Device Unit - Sources

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Sources say, Swiss drugmaker Roche has decided against trying to sell its blood glucose meter business. At least one other large drug maker - Bayer, also scrapped plans to sell a diabetes device unit this year. Sources also said, in the past few months, Roche was looking to sell the business as the industry faced increased competition and lower reimbursement rates from U.S. government healthcare programs.

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