Bayer Challenges Roche, J&J in Glucose Meter Market, FTD

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Bayer AG is seeking to gain market share from Roche Holding AG and Johnson & Johnson to become the second-biggest maker of blood-glucose meters, Financial Times Deutschland said, citing an interview with a company executive.

Bayer aims to grow two percentage points faster than its competitors each year, the newspaper quoted Sandra Peterson, president of the company’s Medical Care business, as saying.