Medical Technology and Devices, an international group active in the design and production of medical devices for home and professional assistance, agreed to acquire pen needle and BGM businesses from Ypsomed, a firm engaged in the development, manufacture and sale of its own high-quality medical technology products. Financial terms were not disclosed. Ypsomed is supporting a reliable transition to ensure the supply of pen needles to people around the globe who inject insulin and other hormones. During a transition period, Ypsomed will produce pen needles as a contract manufacturer and provide certain services to facilitate a seamless transfer.