China Medical Technologies (中国医疗技术公司) announced that it completed the sale of its High Intensity Focused Ultrasound tumor therapy system business to its Chairman and CEO. Usually, this type of report is a fairly unremarkable event that requires little or no commentary. On this occasion, however, China Medical included a lengthy defense of the sale, explaining all the reasons why the sale makes good business sense. More details...

Stock Symbol: (NSDQ: CMED)