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Joined: Jul 2002
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Hero
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Hero
Joined: Jul 2002
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Mindray to Acquire Datascope's Patient Monitoring Business Well, they have been building them for Datascope for a while. Robert
My spelling is not bad. I am typing this on a Medigenic keyboard and I blame that for all my typos.
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Joined: Jun 2003
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At the price they are paying, it seems like a good bit of business.
It is better to be reactive than radioactive...
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Joined: Feb 2004
Posts: 14,798 Likes: 71
Super Hero
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Super Hero
Joined: Feb 2004
Posts: 14,798 Likes: 71 |
Here's more, for anyone who may be interested (that nice building is Datascope's headquarters in Mahwah, New Jersey, by the way). I wonder if they have much low-life out in Shenzhen? 
Last edited by Geoff Hannis; 14/03/08 5:07 PM. Reason: China, here I come!
If you don't inspect ... don't expect.
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Joined: Mar 2008
Posts: 11
Novice
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Novice
Joined: Mar 2008
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Geoff, thanks for the link.
Mindray should be able to leverage Datascope to a much bigger international position. But they'll need to do some meaningful innovation to grow much beyond Datascope's present size.
Lower prices don't count for a whole lot here in the US.
Tim Gee: Connectologist & Principal at Medical Connectivity Consulting contact | tim@medicalconnectivity.com - 503.481.2370 | Skype - connectologist
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Joined: Feb 2004
Posts: 14,798 Likes: 71
Super Hero
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Super Hero
Joined: Feb 2004
Posts: 14,798 Likes: 71 |
Lower prices don't count for a whole lot here in the US. That's not the case here in the UK, thankfully. It's interesting to hear your State-side take on issues like this, though, Tim. Here, Penlon have been sticking their badge on Mindray monitors. I wonder if the new acquisition will affect that arrangement? 
If you don't inspect ... don't expect.
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Joined: Mar 2008
Posts: 11
Novice
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Novice
Joined: Mar 2008
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You seem to have better access to your medical device markets than we do over here. The established vendors dominate here, aided and abetted by the Group Purchasing Organizations.
Consequently, innovation is low.
Tim Gee: Connectologist & Principal at Medical Connectivity Consulting contact | tim@medicalconnectivity.com - 503.481.2370 | Skype - connectologist
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Joined: Feb 2004
Posts: 14,798 Likes: 71
Super Hero
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Super Hero
Joined: Feb 2004
Posts: 14,798 Likes: 71 |
"Group Purchasing Organizations"? What are they ... a bit like package holiday bucket shops (bulk purchasing to obtain maximum margin)? No, we don't have that in the UK (as far as I am aware), and I don't think we want it either! But there again, what about your famous "Anti-Trust Laws" ... don't they come into play when those well-known companies dominate (as you say)? 
If you don't inspect ... don't expect.
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Joined: Dec 2003
Posts: 282
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Joined: Dec 2003
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Afraid we do have Group Purchasing here Geoff in the form of National Contracts. In the Scottish version, you cannot buy any item that's not on a NC if an equivalent is on a contract. So lets say you want a defib that is not on the contract, you would have to have an exceptional reason for doing so and I suspect that exceptional reason still won't be enough.
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Joined: Feb 2004
Posts: 14,798 Likes: 71
Super Hero
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Super Hero
Joined: Feb 2004
Posts: 14,798 Likes: 71 |
I just hope that some sort of competitive evaluation gets done before kit gets placed on those lists, then. The thought occurs that maintenance and technical services could (should?) be procured in a similar fashion. That is nationally, across the board, on three or five year contracts. That would make for some interesting bidding! 
If you don't inspect ... don't expect.
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Joined: Apr 2005
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Newbie
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Newbie
Joined: Apr 2005
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will artemis keep the mindray dealership, makes sense for datascope to do the whole thing?
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