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Mindray Acquires Controlling Stake in Optcla Medical Instrument

May. 8, 2012

Mindray Medical, a leading developer, manufacturer and marketer of medical devices worldwide, announced on May 9, 2012 that it is set to acquire a controlling stake of Hangzhou Optcla Medical Instrument, a medical device company specializing in endoscopes and related surgical instruments. In 2010, the market for endoscopes was estimated at approximately $240 million in China with a compound annual growth rate close to 15%, three times the rate of the global market.