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Lepu Medical Buys Controlling Interest in Dutch Device Maker



11/15/2011 12:15:53 PM

November 15, 2011 -- Lepu Medical Technology (Beijing), which makes medical devices for coronary artery intervention and anesthesia delivery, will spend $6.6 million to purchase a 70% share in Comed, a Dutch company that makes medical devices used to treat cardiovascular diseases. Lepu Medical also announced it will spend $7.5 million to establish a Dutch Cooperative (Coop) in the Netherlands, which will presumably own the Comed stake. More details....

Stock Symbol: (SHE: 300003)


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