Shanghai United Imaging Healthcare, a major China medical imaging device maker, closed a $500 million A financing from large China investors. It is the largest medical device funding in China to date, and values Shanghai United Imaging at $5 billion. The company offers a complete line of high-end imaging machines (CT, MRI, PET, X-Ray) with the goal of providing machines that are at least state-of-the-art while undercutting the prices of foreign imaging device makers by 20%.
