Mindray announced today that it launched its TE Air wireless handheld ultrasound device with multi-device connectivity. Mahwah, New Jersey-based Mindray says it’s the industry’s first handheld ultrasound device that can connect to either a mobile device or the touch-based TE X ultrasound system. This expands the utility and accessibility of the handheld, wireless device originally […]
Mindray Medical International Ltd.
Mindray launches TE Air handheld ultrasound system
Mindray announced that it recently launched its first wireless, handheld ultrasound system: the TE Air. Shenzen, China-based Mindray designed the TE Air system to meet the global demand for a high-quality, portable ultrasound device. The company said in a news release that TE Air offers ease of use in multiple medical environments. It provides effective […]
Mindray launches wearable patient monitoring system
Mindray announced that it launched the mWear system for wireless, wearable patient monitoring of a range of vital signs. Shenzhen, China–based Mindray designed mWear to enable an efficient workflow for monitoring patient conditions and delivering patient-centric care. Mindray’s mWear system addresses shortages of beds and staff in today’s hospitals, according to a news release. It […]
Mindray issues urgent field safety notice for Genius 2 tympanic thermometers
Mindray Medical issued an urgent field safety notice in Europe to warn of a calibration-related accuracy issue with Cardinal Health’s (NYSE:CAH) Genius 2 tympanic thermometers that are integrated into four versions of the Mindray VS-900 patient monitors. The affected Genius 2 thermometers were manufactured after Oct. 1, 2016, and may have been distributed with the Mindray […]
Konica Minolta, Mindray ink deal for portable musculoskeletal ultrasound
Konica Minolta (TYO:4902) said today that it inked a partnership with Mindray Medical to bring musculoskeletal portable ultrasound solutions to the market. Wayne, N.J.-based Konica Minolta said that the deal will help the company continue to develop solutions for specialists to deliver the best care possible with cutting-edge ultrasound tech in out-of-hospital settings. “The unique relationship with […]
Mindray Medical closes $3B go-private deal
Mindray Medical said yesterday that it closed the $3.3 billion go-private deal the Chinese medical device company inked with its managers. The $28-per-share deal means MR shares have ceased trading on the New York Stock Exchange, the Shenzhen-based company said. Co-CEOs Li Xiting and Cheng Minghe and chairman Xu Hang offered $30 per share, or $3.5 billion, in early June […]
Mindray shareholders OK managers go-private buyout
Shareholders in Mindray Medical (NYSE:MR) voted today to approve the $3.3 billion proposal that would see the Chinese medical device company’s managers take it private. Mindray said the $28-per-share deal is expected to close in March. Some 77.3% of the total outstanding shares were voted in the poll, with 82.6% of those voting to approve the transaction. […]
MindRay shareholders to vote on $3.3B go-private proposal
Mindray Medical (NYSE:MR) shareholders are slated to meet next month to vote on a $3.3 billion proposal that would see the Chinese company’s managers take it private. The shareholders vote on the $28-per-share deal is scheduled for Feb. 26, the Shenzen-based company said. Co-CEOs Li Xiting and Cheng Minghe and chairman Xu Hang offered $30 per share, or […]
Masimo settles beef with Mindray for $25m
UPDATED Nov. 20, 2015, with comment from Mindray. Masimo (NSDQ:MASI) said today that it agreed to settle its legal beef with Mindray (NYSE:MR) for $25 million. The settlement ends a bevy of legal proceedings in the U.S. and China, where Mindray is based. Masimo 1st sued Mindray in December 2012 in a California federal court, alleging patent infringement and breach […]
Mindray management lowers takeover offer to $3B
Mindray Medical (NYSE:MR) said today that its top executives lowered their offer to pay $3.5 billion to take the Chinese medical device company private. Co-CEOs Li Xiting and Cheng Minghe and chairman Xu Hang offered $30 per share, or $3.5 billion, in early June. Today the trio lowered that bid to $27 per share, or $3.15 billion. […]
Mindray completes purchase of Dragonbio
Mindray Medical (NYSE:MR) said today it completed the acquisition of the remaining stakes in Wuhan Dragonbio for a price of approximately $70.2 million. Shenzhen, China-based Mindray manufactures and markets patient monitoring and life support devices, in-vitro diagnostics and medical imaging systems, the company said. Mindray now holds 100% of the shares of Dragonbio, producer of orthopedic products […]