Lepu Medical Buys Controlling Interest in Dutch Device Maker
Published: Nov 15, 2011
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)