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February 13, 2016 6:48 PM ET

Healthcare Equipment and Supplies

Company Overview of MicroPort Scientific Corporation

Company Overview

MicroPort Scientific Corporation, an investment holding company, develops, manufactures, exports, and sells interventional medical devices worldwide. Its Orthopedic Devices segment offers orthopedic products of artificial joints, spinal products, trauma products, sport medicine, and other instruments and implants. This segment’s product line includes Superpath micro posterior approach total hip reconstruction technique, Biofoamtm Cancellous Titaniumtm, Evolution medial pivot knee system, Prophecy pre-operative navigation guiding system, and REPIPHYSIS oncology auto-expandable endoprosthesis. The company’s Cardiovascular Devices segment provides coronary stents and related delivery systems; a...

1601 Zhangdong Road

Zhangjiang Hi-Tech Park

Shanghai,  201203

China

Founded in 1998

2,892 Employees

Phone:

86 21 3895 4600

Fax:

86 21 5080 1305

Key Executives for MicroPort Scientific Corporation

Founder, Chairman of the Board, Chief Executive Officer and Member of Remuneration Committee
Age: 52
Total Annual Compensation: $98.0K
Compensation as of Fiscal Year 2014.

MicroPort Scientific Corporation Key Developments

MicroPort Scientific Corporation Reports Unaudited Consolidated Cash Flows Results for the Six Months Ended June 30, 2015

MicroPort Scientific Corporation reported unaudited consolidated cash flows results for the six months ended June 30, 2015. For the period, the company reported net cash generated from operating activities of USD 12,255,000 compared to USD 1,939,000 a year ago. Payment for purchase of property, plant and equipment was USD 16,420,000 compared to USD 29,338,000 a year ago.

MicroPort Scientific Corporation Presents at 2015 Credit Suisse China Investment Conference, Nov-03-2015

MicroPort Scientific Corporation Presents at 2015 Credit Suisse China Investment Conference, Nov-03-2015 . Venue: Grand Hyatt Shanghai, Jin Mao Tower, 88 Century Avenue, Pudong, Shanghai, 200121, China.

Microport Scientific Corporation Reports Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2015

MicroPort Scientific Corporation reported unaudited consolidated earnings results for the six months ended June 30, 2015. For the six months, the company reported turnover of USD 191.245 million compared to USD 183.795 million a year ago. Profit from operations was USD 12.672 million compared to USD 0.681 million a year ago. Profit before tax was USD 2.904 million compared to loss before tax of USD 4.391 million a year ago. Loss for the period attributable to equity shareholders of the company was USD 2.961 million or 0.21 cents per diluted share compared to USD 9.943 million or 0.75 cents per diluted share a year ago. For the six months ended 30 June 2015, the Group's total capital expenditure was amounted to approximately USD 21.1 million, which was used in the construction of building; purchase of equipment; and capitalisation of R&D projects expenses. Decrease in net loss was primarily due to the financial performance of both the cardiovascular business and orthopedics business improving for the six months ended 30 June 2015 compared with the six months ended 30 June 2014.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
December 17, 2015
--
Private Placement
December 16, 2015
--
 

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