China Medical Technologies, Inc. (ADR) (NASDAQOTH:CMEDY.PK)
CAPS Rating:
A China-based medical device company that develops, manufactures & markets advanced in-vitro diagnostics products using Enhanced Chemiluminescence technology & Fluorescent in situ Hybridization technology, to detect & monitor various diseases & disorders.
RSS Headlines
Fool UK
Recs
Despite remarkable technology and remarkable historic profitability and sales, China Medical Technologies is available for less than 7 times forward earnings and less than 2 times book value. Jubak claims the Chinese government is trying to expand the country's healthcare system. This company should benefit from that policy.