The day before the purchase is finalized, minimally invasive medical just announced the formation of the new joint venture company minimally invasive Sorin rhythm management and Sorin group in China (Shanghai) Co., Ltd., joint research and development, production and marketing of both cardiac rhythm management instruments (including pacemakers, ICD and CRT etc.). The joint venture will be by minimally invasive group holds 51% equity holding, Sorin group holds 49% stake.
Minimally invasive sources, minimally invasive Sorin cardiac rhythm management will be based in Shanghai, plans in the first half of 2014 officially running. Interventional minimally invasive medical products well-known industry to cardiovascular, in recent years has repeatedly expressed strong interest to enter the Department of orthopedics for joint operations. The completion of the acquisition of Wright, minimally invasive Department of orthopedics became the minimally invasive largest subsidiary, has more than 700 employees worldwide, related to the ratio of international and domestic business of minimally invasive's rewritten for six four.