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Chinmax Defends its Distribution Rights to Biosite Triage Products, Filing Suit in China against Subsidiary of Inverness Medical Innovations
Date:3/8/2010

SHANGHAI, March 8 /PRNewswire-Asia/ -- On January 28, 2010, Chinmax Medical Systems, Inc., a leading distributor of clinical diagnostics in China, filed a civil complaint in the People's Court of Yangpu District, Shanghai against Inverness Medical Beijing Co. Ltd., a subsidiary of Inverness Medical Innovations, Inc. ( IMA).

According to the complaint, Chinmax is the exclusive distributor in China of diagnostics products manufactured by Biosite Incorporated, a leading cardiac biomarkers company in San Diego, California, USA. Biosite was acquired by Inverness Medical Innovations, Inc. (NYSE: IMA) in June 2007. The complaint accused Inverness Medical Beijing Co. Ltd., along with a second defendant, Shanghai Tongwei Medical Device Co. Ltd., of infringing Chinmax's exclusive distribution rights by importing and selling the relevant products in China without permission. The com
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SOURCE Chinmax Medical Systems, Inc.
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