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China Medical Technologies

China Medical Technologies execs indicted for fraud

March 21, 2017 By MassDevice

(Reuters) – Two former top executives of the now-defunct China Medical Technologies Ltd have been criminally charged in the United States with defrauding investors out of more than $400 million, U.S. prosecutors said on Monday. According to a 3-count indictment, founder and Chief Executive Officer Xiaodong Wu, 59, and Chief Financial Officer Tak Yung Samson […]

Filed Under: Business/Financial News, Legal News Tagged With: China Medical Technologies

Abbott details $15B AbbVie spinout financing | Wall Street Beat

June 21, 2012 By MassDevice staff Leave a Comment

MassDevice.com Wall Street Beat

Abbott (NYSE:ABT) is putting a $14.5 billion financing package in place to back the spinout of its research pharmaceuticals division into a separate company called AbbVie.

Filed Under: Funding Roundup, News Well, Wall Street Beat Tagged With: Abbott, AbbVie, Bank of America Merrill Lynch, China Medical Technologies, Johnson and Johnson, JP Morgan Chase, Morgan Stanley, Nuvasive, Organogenesis Inc.

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