Beijing's AK Medical Buys JRI Orthopedics of the UK for $24 Million

AK Medical Holdings, a Beijing orthopedic implant maker, paid $24 million to acquire JRI Orthopedics of the UK . Both companies make joint replacements. AK is the first company to obtain CFDA approval for its 3D-printed joint and spine implants in China . Three years ago, AK Medical began distributing JRI's products in China , while JRI has more recently begun manufacturing AK Medical products for use in western countries. AK Medical plans to increase JRI's manufacturing capacity in the UK . More details.... Stock Symbol: (HK: 1789) Share this with colleagues: // //