Mindray Medical International Limited (NYSE: MR), a Chinese medical device manufacturer focusing on patient monitoring products, in vitro diagnostic products and medical imaging systems, recently announced the completion of its acquisition of Wuhan Dragonbio Surgical Implant’s orthopedics business. The companies had previously reached agreement on the acquisition in June. Mindray reportedly paid $35.5 million for a controlling stake in Dragonbio.
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Mindray Medical completes acquisition of Dragonbio’s orthopedics business (www.beckersasc.com 2012-07-19) --- July 23, 2012
- Reed Smith LLP
- Jay J. Yan, Hugh Scogin, John Tan, Katherine Yang, May Ling Wong and Gordon B. Schatz
- China
- August 8 2012
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How Yee Loh
In-house Counsel
Kuok Group