Mindray Medical has signed an agreement to acquire a controlling stake of Shenzhen Shenke Medical Instrument Technical Development, a Chinese manufacturer of syringes, infusion pumps and infusion monitoring management systems.
Infusion pumps are medical devices that deliver fluids, including nutrients and medications such as antibiotics, chemotherapy drugs, and pain relievers, into a patient’s body in controlled amounts and are used in ICUs, pediatric offices, emergency rooms and operating rooms.
Mindray expects to achieve synergies in the transaction by combining its strong engineering, manufacturing, sales and management platforms with Shenke’s brand name, technology and expertise in the infusion pump area.
Mindray chief strategic officer Minghe Cheng said they expect Shenke’s infusion pump products to complement Mindray’s patient monitoring and life support product line in providing total solutions to their customers.
"Together, the companies will be able to tailor their product functionalities better in order to meet end-user requirements," Cheng said.