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News Breaks
November 14, 2012
05:30 EDTMRMindray DS USA announces voluntary recall of A3/A5 Anesthesia Delivery System
Mindray Medical International Ltd has initiated a voluntary recall affecting the A3/A5 Anesthesia Delivery System. Mindray has initiated this recall due to the possibility of a system leak resulting from improper seating of the CO2 absorbent canister gasket. To date, approximately 70% of units affected by this action have been corrected. The issue is corrected through a replacement of the canister gasket by a Mindray Service or authorized representative. Units with the affected canister gaskets were shipped between May 31, 2011 and July 15, 2012 in the U.S., Latin America and Australia. There have been no reports of injuries associated with this issue. Mindray became aware of the issue when a system leak was reported by a customer. The cause of the leak was determined to be the result of an improperly seated canister gasket. Mindray has advised the U.S. FDA of this voluntary recall.
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June 24, 2015
08:07 EDTMRMindray Medical forms special committee to evaluate 'going private' proposal
Mindray Medical announced that its board has formed a special committee comprised of three independent directors of the company, Ronald Ede, Kern Lim and Qiyao Wu, to consider the previously announced non-binding proposal received by the company's board on June 4, 2015 from Li Xiting, its Executive Chairman of the Board, President and Co-Chief Executive Officer, Xu Hang, its Chairman of the Board, and Cheng Minghe, its Co-Chief Executive Officer and Chief Strategic Officer. The Special Committee has retained Lazard Asia Limited as its independent financial advisor and Shearman & Sterling as its U.S. legal counsel to assist it in its evaluation of the Proposed Transaction and any other alternative transaction.

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