Did you know?

ChinaBio® Group is a consulting and advisory firm helping life science companies and investors achieve success in China. ChinaBio works with U.S., European and APAC companies and investors seeking partnerships, acquisitions, novel technologies and funding in China.  

Learn more >>

Free Newsletter

Have the latest stories on China's life science industry delivered to your inbox daily or weekly - free!

  Email address:
   

Medtronic Buys 15% of Shandong Wiegao; Opens JV

publication date: Dec 24, 2008

Medtronic, Inc. has completed its equity investment in fellow medical device maker Shandong Wiegao Group Medical Polymer Company Limited. The company paid HK $1.7 billion (US $221 million) for a 15% interest in Wiegao. Following the investment, Medtronic and Wiegao have established a joint venture (controlled 51/49 by Medtronic), which will market Medtronic's spinal devices and Wiegao's orthopedic products in China. More details...

Stock Symbols: (NYSE: MDT) (HKEX: 8199)



Sorry this page is available to subscribers only.
If you're not a subscriber why not subscribe today?

If you are already a subscriber, please login.

If you believe you should have received this message in error, please contact us.


 

To gain access to the members only content click here to subscribe.

You will be given immediate access to premium content on the site.

ChinaBio® News

Greg Scott BIO-Europe Interview
Greg Scott Interviewed at BIO-Europe Spring

How to bring your China assets to China in 8 minutes


Greg Scott Mendelspod Interview
"Mr. Bio in China."
Mendelspod Interview

Multinational pharma held to a higher standard in China

Partner Event
November 2-3, 2023 | Shanghai
November 7-8, 2023 | Digital