Mubadala Hopes Unprofitable Medical Device Company Will Bear Fruit

Posted on 01/09/2014


On December 26, 2013, Mubadala Development Company PJSC took a sizable stake in medical device manufacturer NxStage Medical Inc. According to a filing made with the SEC, Mubadala became a 5.13% owner of the device company. It did so through two wholly owned subsidiaries: MDC Capital Limited and Fifty First Investment Company LLC. NxStage specializes […]