Welcome To The Mindray Medical International HUB China Securities
First nine months net revenues were $445.3 million, an increase of 17.3% year-over-year
Mindray Medical International Profile

Mindray is a leading developer, manufacturer and marketer of medical devices worldwide. Established in 1991, Mindray offers a broad range of products across three primary business segments: patient monitoring & life support products, in-vitro diagnostic products and medical imaging systems. Mindray is globally headquartered in Shenzhen, China, with U.S. headquarters in Mahwah, New Jersey. Mindray also has sales and service offices internationally in Amsterdam, Istanbul, London, Mexico City, Moscow, Mumbai, Sao Paulo, Seattle, Toronto and Vancouver.

Our success has been deeply rooted in our commitment to invest approximately 10% of our revenues into R&D every year. With more than 1000 engineers on staff, we have built a world-class platform that capitalizes on low-cost China based R&D operations and a culture that is driven by ingenuity, and both individual and team performance. We currently offer more than 40 products across three product segments including patient monitoring devices and life support products, in-vitro diagnostic instruments and medical imaging systems. We expect to continue to introduce six to eight new products each year to broaden our market reach. We are confident that our growing comprehensive portfolio of high-quality, affordable products will allow us to continue gaining market share both domestically and internationally.

First Quarter Results

  • First quarter 2009 net revenues were $134.2 million, an increase of 53.5% over the first quarter of 2008

  • Non-GAAP operating income in the first quarter 2009 was $34.7 million, a 12.6% increase from the first quarter of 2008. First quarter 2009 GAAP operating income was $29.4 million

  • Accutorr V -- first jointly developed product by Mahwah and Shenzhen teams was successfully released to the market.




Last changed at 18-Nov-2009 09:19AM by ChinaSecurities
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