Otsuka sells majority stake in MicroPort Scientific

Otsuka Medical Devices, a subsidiary of Otsuka Holdings, has agreed to sell a significant portion of its shares in MicroPort Scientific Corporation through three separate agreements.

The total shares held by Otsuka will decrease from 382,994,120 (20.70% voting rights) to 92,323,712 (4.99% voting rights). The sales are expected to be completed by August 2025.

MicroPort will no longer be an equity-method affiliate of Otsuka following the transaction. Otsuka anticipates recording a gain from the sale.