News Article

Glucose Monitor Maker GluMetrics Seeks a Buyer
Date: Jan 30, 2014
Author: Timothy Hay
Source: Dow Jones ( click here to go to the source)

Featured firm in this article: GluMetrics Inc of Irvine, CA





GluMetrics Inc., a company that raised $57 million from top venture firms since 2005 for its sensor-based glucose monitor, is putting its assets up for sale.

The Irvine, Calif.-based startup has clinically validated technology, 25 issued patents and 22 pending patents, according to a statement from Gerbsman Partners, a firm that finds buyers for undervalued or underperforming companies....