Mindray Medical Provides Mid-Year Update on Product Development
SHENZHEN, China, July 19 /PRNewswire-Asia-FirstCall/ -- Mindray Medical International Limited (NYSE: MR), a leading developer, manufacturer and marketer of medical devices worldwide, today announced updates on new product launches for the first half of 2010.
In the first half of the year, the company successfully released a total of four products across its three product lines. These include: a lower-end surgical bed, an additional advanced biochemistry analyzer; a feature-enhanced hand-carried color ultrasound system; and a new digital radiography system model. Full product descriptions are provided below.
"We are excited about the progress we have made with the addition of these four new products," commented Mr. Li Xiting, Mindray's president and co-chief executive officer. "Mindray continues to be aggressive in bringing its high-quality, competitively-priced products to market. A strong R&D initiative is an integral part of Mindray's strategy to maintain competitive advantage and generate additional revenue from new market opportunities. We are pleased with the current development of our product lines and are well-positioned to meet our goal of launching an additional seven to nine products in 2010."
Products Patient Monitoring and Life Support -- HyBase 1000 - is a lower-end surgical bed that provides maximum comfort and great convenience to end-users, can suit various surgical disciplines, and offers a full-safety guarantee. In-Vitro Diagnostic Products -- BS-800 - is the newest high-level instrument from Mindray. This model not only provides superior performance and reliability, but