# MicroPort Scientific invests SGD 6 million in NDR Medical and forms joint venture

MicroPort Scientific led a strategic investment of SGD 8 million in NDR Medical, committing SGD 6 million for about 20.9% equity, and established a joint venture with NDR and Shanghai Youlong to commercialize puncture navigation robotic systems in Greater China.

- Type: Investment
- Announced: 2020-05-06
- Where: Greater China, China
- Value: $4.30M (6.00M SGD)
- Status: announced
- Products: puncture navigation robotic systems, ANT-X robot, ANT-C robot
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [MicroPort Scientific Corporation](https://endata.com/companies/20849.md) (investor)
- [NDR Medical Technology Pte Ltd](https://endata.com/companies/47021.md) (partner)
- [MicroPort U-Tong Medical Technology (Jiaxing) Co., Ltd.](https://endata.com/companies/47022.md) (partner)
- [Shanghai Youlong Enterprise Management Consulting Center](https://endata.com/companies/47023.md) (partner)
- [NDR Medical Technology Private Limited](https://endata.com/companies/47025.md) (partner)

## Sources

- [vcbeathealth.com](https://www.vcbeathealth.com/article/28201), 2020-05-06: "MicroPort (00853.HK) announced that on May 6, 2020, the company entered into a formal agreement with NDR Medical Technology Pte Ltd (NDR) to lead a strategic investment of SGD 8 million in NDR."
- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/298974.html), 2020-05-06: "微创医疗(00853)发布公告，于2020年5月6日，公司与(其中包括)NDR Medical Technology Private Limited(NDR)订立正式协议，以带领对NDR进行800万新加坡元的战略性投资。"

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.