Home / Business / Medtronic’s diabetes unit MiniMed raises $560 million in US IPO

Medtronic’s diabetes unit MiniMed raises $560 million in US IPO

MiniMed, the diabetes business of medical ​device maker Medtronic , said on Thursday ‌it has raised $560 million in its U.S. initial public offering.

The diabetes care company, which makes ​insulin pumps, glucose monitors and sensors, priced 28 million shares ​at $20 each, the lower end of its previously ⁠indicated $25-$28 range.
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Medtronic, which has a ​market capitalization of rough… [727 chars]

Source: Reuters | Published: 2026-03-06T00:44:20Z

Credit: Reuters

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