Abbott (NYSE:ABT) announced today that the Galien Foundation picked its FreeStyle Libre continuous glucose monitor (CGM) for a major award.
The foundation named FreeStyle Libre as the best “Best Medical Technology” of the last 50 years. Other medtech receiving the designation included Edwards Lifesciences’ Sapien 3 Ultra TAVR and Roche’s Cobas HPV test.
This announcement came at the Prix Galien Golden Jubilee Awards ceremony last night in New York City. The foundation picked award winners across five categories from 250 products awarded the Prix Galien between 1970 and 2019.
According to a news release, Prix Galien is regarded as the equivalent of the Nobel Prize for biopharmaceutical and medical technology research. FreeStyle Libre received the 2019 Prix Galien USA Award for Best Medical Technology.
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