Navigation Links
Golden Meditech Pioneers into China's Hospital Market
Date:6/24/2008

HONG KONG, June 25 /Xinhua-PRNewswire-FirstCall/ -- The Board of Directors of Golden Meditech Company Limited (the "Company"; stock code: 8180.HK) is pleased to announce today that the Company has made significant progress in entering China's hospital management market through the acquisition of Topshine Hospital Management (China) Company Limited and Daopei Hospitals Group, the largest private haematologist hospitals with presence in Beijing and Shanghai in China. Upon completion, the company will become the first foreign institution in China granted with a license to manage and provide nationwide management consultancy to hospitals in China.

Pursuant to the terms of the agreement, Golden Meditech will acquire 70% of contributor's interests in the Daopei Hospitals Group and 60% equity interests in Topshine Hospital Management Company (China) Limited for an aggregate cash consideration of HK$830 million.

Once the proposed transaction is completed, Golden Meditech will obtain the rights to manage hospitals nationwide. This marks the first time for a foreign institution to offer nationwide hospital management consultancy in China.

Mr. KAM Yuen, Chairman of Golden Meditech, explains that acquiring the Daopei Hospitals, the largest and most renowned hematologist hospital in China, represents a significant move by the company to optimize its business structures and strengthen its presence in China's healthcare industry. Tremendous synergies will be created with the Company's existing businesses especially in the areas of healthcare services, cord blood stem cells clinical applications and manufacture and sales of medical devices.

Mr. KAM Yuen points out through this acquisition, Golden Meditech will not only gain the opportunity to enter into the high-threshold hospital management industry, but also inherit experienced and seasoned medical staff and management teams, in addition to generating stable earnings. In future, the Company plan
'/>"/>

SOURCE Golden Meditech Company Limited
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4

Related medicine news :

1. Golden Corrals Good Health Recipe for the Flu Season
2. National Energy Services Receives Repeat Orders From Golden Living and Cathedral Rock Skilled Nursing Facilities
3. Giving Back to the Community Golden Corral Style
4. Golden Doctor of Chiropractic Elected President of the Colorado Chiropractic Association
5. Kaiser Permanente and Golden State Warriors Team Up to Fight Childhood Obesity
6. Histochemistry is the golden standard in the diagnosis of carcinosarcomas
7. Emmy(R)- and Golden Globe(R)-Nominated Actress Marcia Cross and Lifetime Television Deliver 20 Million Online Petition Signatures to Capitol Hill to Urge Congress to Stop Drive-Through Mastectomies
8. Author Elizabeth Golden and Dancer Sarah Patellos to Serve as National Spokespersons for the National Scoliosis Foundation
9. American Airlines Honors Flight Attendants at Golden Heart Awards Ceremony
10. Golden State Medical Supply Selects IBM Technology to Comply With California Prescription Drug Pedigree Regulations
11. Golden Rainbow Takes a Musical Journey for Its 22nd Annual Ribbon of Life Production Show
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/22/2015)... California (PRWEB) January 22, 2015 The City of ... at 10 a.m., to commemorate the 42nd anniversary of the Supreme ... States. , “It’s been 42 years since the Roe vs. Wade ... is still as present as ever,” said City of West Hollywood ...
(Date:1/22/2015)... TX (PRWEB) January 22, 2015 The Incredible ... Bodybuilder Ben Pakulski to increase lean muscle by up to ... has caught the attention of HealthyandFitZone.com’s Stan Stevenson, prompting an ... that it is a step-by-step, scientific diet formula that allows ...
(Date:1/22/2015)... 2015 Juvent Sports ( http://www.juventsports.com ) ... PGA Merchandise Show to bestow a Juvent Sports Achievement ... golfer, Arlene McKitrick. The award commemorated and congratulated McKitrick ... win. She won her first amateur tournament in 1979 ...
(Date:1/22/2015)... Carinsurancesavings.biz has released a new blog post presenting the ... , Purchasing an accidental death and dismemberment rider for ... of rider provides benefits if the insured dies in an ... form of life insurance. , AD&D is not expensive ...
(Date:1/22/2015)... 22, 2015 IsoComforter, Inc. has introduced the ... patented IsoTube design to treat specific body parts and muscle ... progressive and easy to use patented cold therapy machine with ... related orthopedic and muscle injuries. IsoComforter has become the ...
Breaking Medicine News(10 mins):Health News:The Incredible Bulk: Review Examining Ben Pakulski’s Brand New Bulking Muscle Building Diet Program Released 2Health News:All-Time Leading Female Amateur Golfer Arlene McKitrick Receives Juvent Sports Achievement Award at 2015 PGA Show 2Health News:All-Time Leading Female Amateur Golfer Arlene McKitrick Receives Juvent Sports Achievement Award at 2015 PGA Show 3Health News:Accidental Death and Dismemberment Insurance Can Be Purchased at Low Prices Online 2Health News:IsoComforter Introduces Best of Class Cold Therapy Product to the Worldwide Market 2
... of Allergy and Infectious Diseases (NIAID), part of the ... strategy for treating metastatic melanoma, while investigating a fungus ... ,Metastatic Melanoma is one of the ... involves combining an antibody with radiation, has since been ...
... general discussion about the need for antidepressant medication with ... thoroughly evaluated for depression than those who make a ... study in the December issue of Medical Care. ... antidepressants increased the likelihood that patients would be screened ...
... of Ron Matsusaki, a doctor from Canada, rare pediatric cancers ... the western tip of Canada's Prince Edward Island. According to ... near a toxic waste site. The farming community is ... which is used for potato farming (19 sprays) in a ...
... but not all those looking exteriorly might be healthy internally. They ... i.e. thin outside fat inside! // , Case of Tofi ... who occupies himself throughout the day in his occupation of running ... the healthy category. He was diagnosed with the help of a ...
... brewer's yeast, University of Wisconsin-Madison researchers have uncovered novel ... act as a master regulatory switch -- a control ... humans, may contribute to serious neurological disorders. ,The ... journal Molecular Cell, shows how a mutation in a ...
... and a half months after his sexual organ was completely ... lead a normal life again after a Delhi hospital// successfully ... Uttar Pradesh underwent a seven-hour microsurgery at the Sir Ganga ... capital. ,"Nearly six hours after the incident occurred ...
Cached Medicine News:Health News:Researchers Develop Basis For Experimental Melanoma Treatment 2Health News:Researchers Develop Basis For Experimental Melanoma Treatment 3Health News:Patients' Requests for Antidepressants can Influence Physician Evaluation of Depression 2Health News:Patients' Requests for Antidepressants can Influence Physician Evaluation of Depression 3Health News:You are Slim.. But are You Sure You are Healthy? 2Health News:From a Lowly Yeast, Researchers Divine a Clue to Human Disease 2Health News:Delhi Hospital Reattaches Amputated Penis 2
(Date:1/23/2015)... MYERS, Fla. , Jan. 23, 2015  Today the ... of Novartis, Bexsero® for the prevention of serogroup ... 25. Bexsero and Pfizer,s vaccine Trumenba®, which received FDA ... helping prevent this devastating disease. "I ...
(Date:1/23/2015)... 23, 2015 A lot of discussion in the medical ... certain illnesses, injuries, or conditions. As medical science advances, doctors ... with ones that they consider to be more cutting edge. ... one textbook method of treatment that stands out as the ...
(Date:1/23/2015)... Jan. 23, 2015  The Partnership to Fight Chronic Disease (PFCD) released ... care leaders and a new study analyzing the impact of increased ... a nationwide coalition working to educate policy makers and the public ... Capitol was focused on how the Iowa ...
Breaking Medicine Technology:The National Meningitis Association (NMA) Applauds FDA Approval of Second Vaccine To Protect Against Serogroup B Meningococcal Disease 2No One-Size-Fits-All Remedy for Hernia Correction 2New research shows Iowa health exchange would benefit from improvements 2New research shows Iowa health exchange would benefit from improvements 3
... SAN FRANCISCO, Calif., May 10, 2011 Janssen ... Alzheimer,s Immunotherapy Program, Pfizer Inc., is pleased to ... health organization in Alzheimer,s care, support and research, ... Summits Climb for Alzheimer,s: Memories are Everything ...
... Vista Partners announced today that it ... (AMEX: HBP, TSX: HBP) ("the Company") with a twelve ... at Vista Partners stated, "The Company is developing products ... and most advanced, Interferon alpha-2b, is a potent immuno-modulatory ...
Cached Medicine Technology:Alzheimer's Association Salutes Advocate and Mountaineer Now Climbing Everest as Part of The 7 Summits Climb for Alzheimer's 2Alzheimer's Association Salutes Advocate and Mountaineer Now Climbing Everest as Part of The 7 Summits Climb for Alzheimer's 3Alzheimer's Association Salutes Advocate and Mountaineer Now Climbing Everest as Part of The 7 Summits Climb for Alzheimer's 4Vista Partners Initiates Coverage on Helix BioPharma Corporation; Target Price $6.20 2
... management software - was designed by ... improvement tool helps diabetes care providers ... bridges medicine with technology by providing ... information technology product. This diabetes ...
... making decisions about insulin dosages and other ... are guided by data from blood glucose ... the patterns that can be seen by ... the data is presented in organized and ...
... The Ex-PRESS ... that provides a simplified,method of ... open angle glaucoma.,Similar to trabeculectomy, ... pressure,by diverting the aqueous humor ...
... StabilEyes CTR is a device designed for ... during cataract removal surgery. It provides secondary ... compromised zonules. The CTR is a uniplanar, ... ultraviolet light absorbing polymethylmethacrylate (PMMA) with one ...
Medicine Products: