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MicroPort acquires 51% stake in Argus Medical Technology · Endata

◂ Announcements

Medical Devicesworld trade 2024+5.1% 5Y CAGR

Oct 29, 2021ACQUISITIONChina

MicroPort acquires 51% stake in Argus Medical Technology

MicroPort Scientific Corporation's subsidiary Shanghai MicroPort Investment Holdings Co., Ltd. signed an agreement to acquire 51% equity in Suzhou Argus Medical Technology Co., Ltd. for a total consideration of RMB 372.3 million. The deal was announced on 29 October 2021.

Value

$58.0M (372.3M CNY)

Status

Announced

ProductsOCT systemsnon-flush disposable imaging catheters

CompaniesMicroPort Scientific Corporation acquirer Suzhou Argus Medical Technology Co., Ltd. target

Sectors#Medical Devices

“微创投资同意以人民币3.723亿元的总代价自阿格斯部分现有股东收购其所有持有的阿格斯38.33%的权益及向阿格斯新增注册资本。”beta.zhitongcaijing.com

1 source
beta.zhitongcaijing.com微创医疗(00853)战略投资阿格斯完善在泛血管领域的一体化精准诊疗解决方案Oct 29, 2021

Summarized from public sources; check the original articles before acting on it.

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Nov 2, 2020ACQUISITIONChina
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May 6, 2020INVESTMENTGreater China, China$4.30M
MicroPort Scientific invests SGD 6 million in NDR Medical and forms joint venture
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Apr 28, 2020INVESTMENTChina, China$44.0M
MicroPort leads €40M investment in Robocath and forms China JV
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