Germany to Ban China Purchase of Medical Group

Germany’s federal government plans to announce on Wednesday that it will prohibit the sale of the 139-year-old Heyer Medical company to China’s Aeonmed Group, Handelsblatt reported.

Berlin would cite public safety reasons, it said. Like Heyer, Aeonmed makes medical ventilators, which rose to global prominence during the Covid-19 pandemic.

Read the full report: Handelsblatt.

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Tags: medical devices

George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.