MicroPort Scientific Corp (MicroPort) manufactures and markets medical equipment. The company’s product includes cardiovascular, orthopedic, cardiac rhythm management, electrophysiology, endovascular, neurovascular devices and surgical robots. It also offers diabetes and endocrinal management devices such as insulin pumps and hypophyseal hormone infusion pumps. Microport also produces membrane oxygenators, rehabilitation tools and ovum aspiration needles. The company’s products are used for patients suffering from coronary artery disease, joint replacement, abnormal heartbeat, stroke, severe aortic valve stenosis, aortic aneurysm, and arteriosclerosis. Its key brands include MicroPort, Columbus, FireMagic, Easyloop, Endovastec, MicroPort NeuroTech, SkyWalker, DFVision, Evermend, DynBite, Lotus and Toumai. It has operations across Europe, Asia-Pacific, the Middle East, Africa, and North and Latin America. MicroPort is headquartered in Shanghai, China.
Headquarters
China
Address
No. 1601 Zhangdong Road, Zhangjiang Hi-Tech Park, Shanghai, 201203
Website
www.microport.com.cn
Telephone
86 21 38954600
No of Employees
8,884
Industry
Medical Equipment
Ticker Symbol & Exchange
853 (HKG)
Revenue (2022)
$840.8M
8%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-57.9%
(2022 vs 2021)
Market Cap*
$2.0B
Net Profit Margin (2022)
XYZ
-46.2%
(2022 vs 2021)
* As of and is in US$
MicroPort Scientific Corp premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Cardiovascular Devices | Firemagic |
| Orthopedic Devices | Easyloop |
| Cardiac Rhythm Management Solutions | MicroPort |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Plans/Strategy | In May, the company announced its plans to spin off MicroPort Cardiac Rhythm Management Limited. |
| 2023 | New Products/Services | In October, the company’s subsidiary, MicroPort CRM, launched ULYS, an Implantable Cardioverter Defibrillator (ICD) and INVICTA, as the defibrillation lead in Japan. |
| 2022 | New Products/Services | In June, the company launched the MicroPort Argus OCT System. |
Competitor Comparison
| Key Parameters | MicroPort Scientific Corp | Shandong Weigao Group Medical Polymer Company Ltd | Lepu Medical Technology (Beijing) Co Ltd | Shanghai Runda Medical and Technology Co Ltd | Shinva Medical Instrument Co Ltd |
|---|---|---|---|---|---|
| Headquarters | China | China | China | China | China |
| City | Shanghai | Weihai | Beijing | Shanghai | Zibo |
| State/Province | Shanghai | Shandong | Beijing | Shanghai | Shandong |
| No. of Employees | 8,884 | 12,333 | 10,652 | 3,499 | 8,060 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Zhaohua Chang | Chief Executive Officer; Chairman | Executive Board | - | 60 |
| Hongbin Sun | Chief Financial Officer | Senior Management | - | - |
| Paul Bryant | Chief Technology Officer | Senior Management | 2016 | - |
| Benoit Clinchamps | President - MicroPort CRM | Senior Management | - | - |
| Alice Flacco | General Counsel | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
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