Latest Headlines

Latest Headlines

Mindray management-led buyers pull back on the throttle as China outlook cloudy

A window on management-led buyouts by U.S.-listed Chinese healthcare companies has apparently narrowed as Shenzhen-based Mindray Medical saw executives cut an offer price to $27 from $30.

Mindray down on the acquisition of remainder of Chinese orthopedics company for $72.6M

Chinese medical device player Mindray Medical was down 7% in early trading on the news that it would acquire the remaining stake of orthopedics player Wuhan Dragonbio Surgical Implant Co. Mindray first gained a controlling stake in Dragonbio for $35.5 million in 2012. Investors may be taking the deal as a sign that a June take-private offer is now off the table. The deal is slated to close this month.

China's Mindray Medical weighing offer from management to take company private

The top management of China's Mindray Medical made a bid to take the company private for $30 per share, sending the company's stock up more than 10% on the New York Stock Exchange.

China's Mindray jumps on acquisition rumor involving state-owned investment firm

The share price of China's Mindray Medical rose 16% last week on the New York Stock Exchange amid rumors that it will be taken over by private equity firms, including the country's state-owned investment company.

Chinese government urges hospitals to buy local devices

Unfortunately for foreign devicemakers, import substitution appears to be one of the means by which China intends to achieve its goal of creating 10 med tech breadwinners worth 5 billion yuan ($820 million) apiece by 2020.

Private hospitals in China are a priority for med tech Mindray

Chinese medical device maker Mindray is seeing slower sales at home but hopes a focus on private hospitals in China will help turn that around. The company reduced its 2014 guidance, but investors were forgiving and pushed shares up 3% in early trading on second-quarter earnings.

Mindray Medical revenue jumps up by 9% in Q1

Revenues at China's Mindray Medical increased 9.4% year-over-year to $264.8 million in the first quarter.

Mindray boosts share repurchase program after a year of double-digit growth

Mindray Medical ($MR), the Chinese medical device giant, has decided to boost the size of an already impressive share repurchase program, capping a year of double digit growth in both revenue and net income.

Mindray climbs back from damage done on Twitter

A little-known research firm took Mindray Medical down a peg or two last Thursday with a series of tweets accusing the Chinese medical device giant of fraud. Ottoman Bay Research's Twitter assault, linking to a report it has published, sent Mindray's stock tumbling 11%.

Mindray, $101.7M later, is the proud new owner of Zonare Medical

Mindray Medical, China's largest medical device maker, has officially grabbed a major foothold in the U.S. The company sealed up its nearly $102 million bid for California's Zonare Medical Systems, giving its imaging business a major international market boost, plus access to a well-developed global direct sales force.