Shenzhen Mindray signed a purchase and license agreement allowing it to use Masimo's technology for noninvasive, continuous measurement of oxygen saturation, pulse rate, and perfusion index in its monitoring devices. The SET® Measure-through Motion and Low Perfusion™ pulse oximetry will be available in Mindray devices sold in some European countries, the Middle East, Asia-Pacific (excluding China), including Australia and India. The new pact expands an earlier agreement between the two companies. Masimo is headquartered in Switzerland. More details....
Stock Symbols: (SHZ: 300760) (NSDQ: MASI)
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