The diabetes management system developer, a spinoff of Sarnoff Corporation, has filed to raise up to $75m in a Nasdaq offering.
Intuity Medical, the US-based diabetes management technology provider spun off by semiconductor technology developer Sarnoff Corporation, has filed for an initial public offering on the Nasdaq Global Market.
Spun off in 2002, Intuity has developed a blood glucose monitoring device called Pogo as well as a cloud-based diabetes monitoring system called Patterns that manages glucose on behalf of users. Sarnoff has since been since folded into its parent company, SRI International.
Proceeds from the offering will be used to…
Fernando Moncada Rivera
Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.