MicroPort® Invests ~$58M for 51% of IV-OCT Imaging Start-up Argus

MicroPort Scientific Corporation (00853.HK, MicroPort ) signed a strategic investment agreement with Suzhou Argus Medical Technology Co., (Argus) and the related parties. Under the agreement, MicroPort will directly invest in Argus and acquire part of the equity from the existing shareholders, with total cost of RMB 372.3 million. After completion of the transaction, MicroPort will become the controlling shareholder of Argus, with 51% equity interest in Argus. Founded in ...
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