Bigfoot Biomedical to Relocate to Milpitas After Snagging Asante Solutions Assets

Bigfoot Biomedical is making strides towards its goal of a bionic pancreas after inking a deal with Dexcom Inc. (NSDQ:DXCM), maker of continuous glucose monitors, and acquiring the assets of shuttered insulin pump maker Asante.

Bigfoot also said it will be relocating to Milpitas, Calif., where Asante was headquartered.

The deal signed with Dexcom is slated to allow Bigfoot to integrate data from Dexcom’s continuous glucose monitoring systems into its insulin delivery system, it said last week.

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