Mindray (NYSE:MR) said it’s agreed to a $105 million buyout of Zonare Medical Systems and its ultrasound technology.
Mindray Medical International Ltd.
Mindray tag-teams CEO position | Personnel Moves
Mindray Medical (NYSE:MR) chief Li Xiting will share the corner office, so to speak, with new co-CEO Cheng Minghe, who takes the new title in addition to continuing as the company’s chief strategic officer.
Cheng is one of the founders of the Shenzhen, China-based company, and has worked in various roles since 1991.
Mindray Medical slides on missed Q1 earnings, bounces back
The Chinese medical device market: Driven by both growth and value
by Stephen D. Simpson, CFA
Masimo slaps Mindray Medical with patent infringement, breach of contract lawsuit
FDA slaps highest risk label on Mindray’s anesthesia system recall
The FDA slapped Mindray Medical’s (NYSE:MR) anesthesia delivery system recall with Class I status after the federal watchdog agency deemed a gasket leak in the devices a potential hazard to patients.
Although there have been no reported injuries associated with the gasket leak, the FDA warned that the defect could reasonably cause patients harm.
Mindray Medical recalls anesthesia delivery systems over potential leak
Mahwah, N.J.-based medical device maker Mindray Medical (NYSE:MR) recalled its A3 and A5 anesthesia delivery systems after a customer reported a system leak to the company.
Will HHS Secretary Sebelius stay a 2nd term? | Personnel Moves
HHS’s Sebelius may stay for another term
Human Services Secretary Kathleen Sebelius might stay for a 2nd term, which would be unusual for someone in that position, according to a Kaiser Health News report.
Medical Device Companies: Medtech’s best/worst valued stocks
One way to assess stock values is to compare the stock’s share price with its asset value.
The latter is the number of shares outstanding divided into total assets. When the result is compared with share prices, it can help investors decide whether a stock is over- or under-valued.
We took a look at the asset values for 15 of the world’s largest pure-play medical device companies and then compared them with the companies’ stock price.
Medical device companies: Who’s hiring?
The economic recovery has been slow going in the U.S. as the housing market and persistently high unemployment have proven particularly stubborn.
That’s why we were surprised, after looking at the employment numbers in our MassDevice Big 100 database, to find that only 3 of the largest 15 med-tech makers wound up cutting their global workforces last year.