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ALR Technologies to acquire CGM Medical for $45M and 200M shares, expanding diabetes device production.

Company Fundamentals
30 Jun 2026
PRNewsWire
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Bullish
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ALR Technologies SG Ltd announced a Letter of Intent to acquire 100% of CGM Medical Technology Singapore and assets of CGM Medical Technology Shenzhen for $45 million and 200 million shares. This acquisition will allow ALR to fully integrate its diabetes management products by owning the technology and manufacturing of continuous glucose monitors (CGMs). The deal includes plans to build a manufacturing facility in the Johor-Singapore Special Economic Zone and increase production capacity to support both veterinary and future human CGM products. Completion depends on regulatory approvals and production milestones, with expected finalization by early 2027.

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