MGI Tech Unit Gets China Approval for Gene Sequencer

MT Newswires Live

2025/01/14

China's medical products administrator granted MGI Tech (SHA:688114) subsidiary Qingdao MGI Intelligent Manufacturing Technology medical device approval for its gene sequencer, according to a Tuesday filing with the Shanghai Stock Exchange.

The gene sequencer is used in human DNA samples to help with the diagnosis of diseases, the filing said.

Shares rose 2% during Tuesday's late morning trading.

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