Lifetech Scientific to Use Medtronic Technology for China Pacemakers
July 28, 2014 at 05:53 AM EDT
China’s Lifetech Scientific expanded its relationship with US medical device maker Medtronic by agreeing to develop a portfolio of pacemaker and cardiac lead products for the China market, using technology supplied by Medtronic. Medtronic will have the option to partner with Lifetech on commercialization of the products. In 2012, Medtronic invested $76.1 million to acquire a 26.4% stake in Lifetech. More details.... Stock Symbols: (HK: 1302) (NYSE: MDT) Share this with colleagues: // //