Jiangsu Yuyue Medical Equipment & Supply to Take Nearly 10% Stake in Nasdaq-Listed Inogen

MT Newswires Live
2025/01/30

Jiangsu Yuyue Medical Equipment & Supply (SHE:002223) is planning to take a 9.9% stake in Nasdaq-listed medical technology company Inogen.

This will be undertaken via an investment of about $27.2 million, according to a filing with the Shenzhen bourse.

The company and Inogen also signed a strategic cooperation agreement to collaborate in international distribution, trademark licensing, research and development, and supply chain optimization.

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