MicroPort plans to spin off CardioFlow unit

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By Jonathan Breen
06 Jan 2020

Hong Kong-listed MicroPort Scientific Corp is looking at spinning off and listing its heart treatment subsidiary, according to a stock exchange filing.

MicroPort CardioFlow Medtech Corp develops devices for treating structural heart diseases, such as heart valve diseases. The terms of its listing are not yet fixed.

Parent MicroPort, an investment holding company that makes and sells medical products, was founded in 1998 in Zhangjiang Hi-Tech Park in Shanghai. As ...

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