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China Medical Technologies Announces Strategic Collaboration Between its Subsidiary, GP Medical, and Da An Health
Date:6/22/2011

BEIJING, June 22, 2011 /PRNewswire-Asia-FirstCall/ -- China Medical Technologies, Inc. (the "Company") (Nasdaq: CMED), a leading China-based advanced in-vitro diagnostic ("IVD") company, today announced that its wholly-owned subsidiary, Beijing GP Medical Technologies Co., Ltd. ("GP Medical"), has entered into a strategic collaboration with Gaoxin Da An Healthcare Investment Ltd. ("Da An Health") to co-market and promote molecular diagnostic technologies for clinical diagnostic applications in China. The two parties will also work together to develop new molecular diagnostic products to cater for Da An Health's hospital customers and leverage Da An Health's independent laboratory network for new product validation.

Under the agreement, GP Medical and Da An Health will promote and offer the use of GP Medical's molecular diagnostic products to the customer base of Da An Health. As a result, GP Medical's existing direct sales network covering large hospitals will be expanded to the customer network of Da An Health covering some of the large hospitals that GP Medical did not cover, and large number of mid and small-sized hospitals as well as community hospitals through this strategic collaboration. In addition, the two parties will jointly develop innovative molecular diagnostic product packages or solutions to offer to Da An Health hospital customers. The new product packages or solutions will be validated at the independent laboratories of Da An Health. During the term of the collaboration, the two parties can expand the scope from the molecular diagnostic products to the full product lines of GP Medical and its affiliates in the future.

"We are pleased to establish this strategic collaboration with Da An Health," commented Mr. Xiaodong Wu, Chairman and Chief Executive Officer of the Company. "We believe this collaboration will promote our brand name as well as product
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SOURCE China Medical Technologies, Inc.
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