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Medtronic Purchases $66.2 Million Stake in China’s LifeTech Scientific

Medtronic, a healthcare products manufacturer, announced that it has purchased a 26.4 percent stake in LifeTech Scientific, a Chinese medical device maker, for $66.2 million. The partial acquisition will help Medtronic build a stake in China’s growing market for cardiovascular technologies.

Read entire article: http://www.qmed.com/news/medtronic-purchases-662-million-stake-chinas-lifetech-scientific?cid=nl_qmed_daily

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