Nanjing Micro-Tech Announces "Significant" Investment From Actis

by Richard Daverman, PhD

January 15, 2013 -- Nanjing Micro-Tech, a China medical device maker, has received an equity investment from Actis, a private equity company that invests in emerging countries. Without releasing specific details, the company called the capital infusion “significant” while also disclosing that the equity purchased a minority stake. Founded in 2000, Nanjing Micro-Tech is the largest domestic company in China’s endoscopy consumable sector. More details....