Mindray Medical Rises After Reporting 10% Increase in Q2 Revenue

ChinaBio Today -- Mindray Medical International Limited, the China headquartered medical device maker, reported a 10% increase in revenues during its Q2, largely because China sales jumped 33%. Revenue from the international sales actually dropped 4%. Economic conditions in the US are clearly having an effect on the company’s ex-China sales. Nevertheless, the company handily beat Wall Street estimates. More details...