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Dynamic Healthcare M&A Database - 1Q07



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Acquiring Party    China Medical Technologies (NASDQ:CMED), a China-based medical device company that manufactures high intensity focused ultrasound products and advanced in-vitro diagnostic systems.
Transferring Party    The fluorescent in situ hybridization ("FISH") business of Supreme Well Investments Limited and Molecular Diagnostics Technologies Limited
Sector    Medical Devices
Date    March 6, 2007
Analysis
FISH is a type of hybridization in which a DNA probe is labeled with fluorescent dye so that it can be seen with a microscope. China Medical intends to develop and commercialize the FISH technology in China for the diagnosis of prenatal and postnatal disorders as well as various cancers through laboratory evaluation and analysis of bodily fluids and tissues. Deal value--$136m with up to additional $40m based on milestones.




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