Wednesday, April 16, 2014

Biosensors

Biosensors: no particular overnight news to explain the 5.5% rise today to $0.96. Recall in Mar, CITIC Private Equity said that it is still considering the options available to enhance the value of its investment in Biosensors. It currently has a 21.7% stake. In other news, QT Vascular, which also produces catheters to treat peripheral artery disease, is said to be planning a listing on SGX. This may spur interest in Biosensors , which is in a similar space . Note though, that Morgan Stanley cut Biosensors to Underweight from Equal weight two days back.

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