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SciClone Pharmaceuticals, Inc. Message Board

  • usualsuspect9753 usualsuspect9753 Jan 14, 2013 11:41 AM Flag

    Mergers and acquisitions

    Medical device producer announces M&A strategy
    Updated: 2012-08-11 01:59
    By Liu Jie ( China Daily)
    Comments(0) Print Mail Large Medium Small
    1

    Medtronic Inc plans to bolster its presence in China via mergers and acquisitions of local companies, becoming the first multinational medical equipment provider to announce such a strategy in the world's fastest-growing medical device market.

    Simon Li, vice-president of the US-based company and president of Medtronic Greater China, said that the medical device producer already has some candidates and is still looking for others.

    He refused to provide names of the potential targets.

    Medtronic, the largest producer of heart pacemakers in the world, develops and manufactures devices and therapies for more than 30 chronic diseases, including cardiovascular illnesses, Parkinson's disease, diabetes, chronic pain and osteoarthropathy.

    Medtronic is assessing the market potential of the products and technologies of the targeted companies. Li also said that the targeted companies "must have a common vision and business philosophy" with Medtronic.

    Medtronic is the first multinational medical device company that has publicly said it will make M&A one of its key strategies in China.

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    • ummm...I hope everybody noticed who the recent Vice-President of Medtronix is, who happens to be Sciclones nemest board member ;-()

      Simon Li, vice-president of the US-based company and president of Medtronic Greater China, said that the medical device producer already has some candidates and is still looking for others.

      Sentiment: Strong Buy

    • Nov 1, 2012


      Medtronic Completes Acquisition of China Kanghui Holdings

      September 2012

      Sep 27, 2012


      Medtronic Signs Agreement to Acquire China Kanghui Holdings

      August 2011

      Aug 31, 2011


      Medtronic Completes Acquisitions of PEAK Surgical, Inc. and Salient Surgical Technologies, Inc.

      January 2011

      Jan 13, 2011


      Medtronic Completes Acquisition of Ardian

      November 2010

      Nov 22, 2010


      Medtronic Signs Agreement to Acquire Ardian

      Nov 16, 2010


      Medtronic Completes Acquisition of Osteotech

      August 2010

      Aug 17, 2010


      Medtronic Signs Agreement to Acquire Osteotech

      Aug 12, 2010


      Medtronic Completes Acquisition of ATS Medical

      April 2010

      Apr 29, 2010


      Medtronic Signs Agreement to Acquire ATS Medical

      Apr 21, 2010


      Medtronic Completes Acquisition of Invatec and Affiliated Companies

      January 2010

      Jan 25, 2010


      Medtronic to Acquire Invatec and Affiliated Companies

      June 2009

      Jun 2, 2009


      Medtronic Acquires New Diabetes Technology

      April 2009

      Apr 9, 2009


      Medtronic Completes Acquisition of CoreValve Inc.

      February 2009

      Feb 23, 2009


      Medtronic Acquires Ventor Technologies Ltd.

      Feb 23, 2009


      Medtronic to Acquire CoreValve, Inc.

      Feb 6, 2009


      Medtronic Completes Acquisition of Ablation Frontiers

      January 2009

      Jan 12, 2009


      Medtronic to Acquire Ablation Frontiers

      December 2008

      Dec 24, 2008


      Medtronic Acquires Influent Medical's Repose Product Line

      Dec 19, 2008


      Medtronic Acquires Remaining Shares of CryoCath Technologies Inc.

      September 2008

      Sep 25, 2008


      Medtronic to Acquire CryoCath Technologies Inc.

      July 2008

      Jul 17, 2008


      Medtronic Completes Acquisition of Restore Medical

      April 2008

      Apr 22, 2008


      Medtronic Signs Agreement to Acquire Restore Medical

      November 2007

      Nov 2, 2007


      Medtronic and Kyphon Complete Merger

      October 2007

      Oct 15, 2007


      Medtronic and Kyphon Announce Clearances in Spain, Austria and Cyprus for the Merger of Medtronic and Kyphon

    • Sciclones 900? China sales force looking good.

 
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