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China Medical Technologies Still Stumbling
publication date: Sep 1, 2009
After growing steadily for the past few years, China Medical (中国医疗技术公司) is facing a variety of problems: the company had to fight off charges of inaccurate financial reports; it had to lower prices for its ECLIA in vitro diagnostic tests, revenues are flattening for its FISH tests, and the buyer of its HIFU tumor therapy business wants a $15 million rebate (the SFDA has stopped sales of the device until the company completes an additional clinical trial). More details... Stock Symbol: (NSDQ: CMED)
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