Navigation Links
Fenwal, Golden Meditech Complete Definitive Agreement to Form Joint Venture in China
Date:3/8/2011

LAKE ZURICH, Ill. and HONG KONG, March 8, 2011 /PRNewswire-Asia-FirstCall/ -- Fenwal Inc. of Lake Zurich, Illinois, and Golden Meditech Holdings Limited (stock code: 801.HK; 910801.TW) of Hong Kong announced today they have entered into a definitive agreement to form a joint venture in China that will sell advanced products and technologies for blood collection, storage and transfusion.

The joint venture is expected to be formed later this year after receiving customary commercial and regulatory approvals. The expected name of the new company will be Fenwal Jingjing Medical Technologies Ltd. (Fenwal Jingjing). Fenwal will own 51 percent of the new venture and Golden Meditech will own 49 percent.

Fenwal Jingjing will bring together advanced blood-collection, separation and storage technologies from both parent companies, and will benefit from the complementary strengths of Fenwal and Golden Meditech. Fenwal has a long history of innovation and leadership in blood technologies worldwide. Golden Meditech has expertise in serving China's unique and fast-growing health-care sector, with leadership in cord-blood banking and hospital services as well as medical-device development, manufacturing and distribution.

The joint venture will maintain an existing Fenwal office in Shanghai and establish a new operating subsidiary in Beijing, from which it will serve customers throughout China. Initially, Fenwal Jingjing will sell and distribute two key products: the Fenwal Amicus® blood-cell separator, a system used to collect platelets and other blood components such as stem cells; and the 3000H plasma exchange system, which removes toxins from the blood and was developed by a Golden Meditech subsidiary, Beijing Jingjing Medical Equipment Co. Ltd. The joint venture also will distribute related supplies and medical accessories to blood banks, cord blood banks and other medical institutions.

"Fenwal is a global pioneer and leader in advanced blood
'/>"/>

SOURCE Golden Meditech; Fenwal, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3

Related medicine technology :

1. Fenwal, GenesisBPS Enter Agreement for Blood-Specialty Products
2. Golden Meditech Acquires Remaining Stake in Chinese Herbal Medicine Business
3. Golden Meditech to Form Strategic Alliance with Long Bon International
4. Golden Meditech as First Chinese Healthcare Enterprise to Obtain Approval for Taiwan Depositary Receipts Offering
5. Golden Meditech Announces Plan to Issue Taiwan Depository Receipts
6. Golden Meditech Announces Annual Results for FY 2009/10
7. Samplify Systems Completes Series B Funding
8. Aerie Pharmaceuticals Completes $30 Million Series B Financing to Fund Further Development of Innovative Glaucoma Product Portfolio
9. Amgen Completes Acquisition of BioVex
10. MicroConstants Completes Installation of Latest LC/MS/MS Technology to Achieve Improved Sensitivity in Bioanalytical Method Development
11. Elektas Oncology-Specific MOSAIQ Receives Complete ONC-ATCB EMR Certification
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/11/2014)... 2014 According to a new ... Market (Endoscopes, Endoscopic Operative Devices, and Visualization Systems) - ... 2013-2019" the global endoscopy devices market was valued at ... grow at a CAGR of 6.8% from 2013 to ... billion in 2019. Browse the full Endoscopy ...
(Date:7/11/2014)... , July 11, 2014  Veran ... company, announced today the positive, cost-effective final ... innovative SPiNPerc™ procedure. The SPiNPerc endobronchial percutaneous ... a percutaneous approach to biopsy when a ... patients and physicians experience positive financial outcomes ...
(Date:7/11/2014)... SAN DIEGO , July 11, 2014 ... Therapies Corp. ("Biotie") to end the option held by ... to commence further development of NRL-1 (intranasal diazepam) for ... seizures. Over the past year, Biotie has ... Neurelis in preparation for the pivotal clinical work required ...
Breaking Medicine Technology:Global Endoscopy Devices Market is Expected to Reach USD 36.9 Billion by 2019: Transparency Market Research 2Global Endoscopy Devices Market is Expected to Reach USD 36.9 Billion by 2019: Transparency Market Research 3Global Endoscopy Devices Market is Expected to Reach USD 36.9 Billion by 2019: Transparency Market Research 4Global Endoscopy Devices Market is Expected to Reach USD 36.9 Billion by 2019: Transparency Market Research 5Global Endoscopy Devices Market is Expected to Reach USD 36.9 Billion by 2019: Transparency Market Research 6Veran Medical Publishes Lung Cancer Patient Management Study 2Neurelis Regains Rights to Intranasal Diazepam Program 2Neurelis Regains Rights to Intranasal Diazepam Program 3
... Federal Court of Appeals ruling issued yesterday is reinstating the ... called fen-phen) linked to her death should never have been ... to its pre-approval concerns about potentially lethal side effects. The ... that Federal drug regulations do not preempt Ohio negligence claims, ...
... On August 3, Macquarie University Hospital ... new Leksell Gamma Knife® Perfexion™ system, making ... providing dedicated intracranial radiosurgery. MUH and the Australian School ... leading provider of cancer management services, to procure the ...
Cached Medicine Technology:U.S. Appeals Court Reinstates Claim That Controversial Diet Drug Redux Should Never Have Been Offered to American People 2U.S. Appeals Court Reinstates Claim That Controversial Diet Drug Redux Should Never Have Been Offered to American People 3Treatment with Elekta's Leksell Gamma Knife Perfexion Introduced to Cancer Patients in Australia 2Treatment with Elekta's Leksell Gamma Knife Perfexion Introduced to Cancer Patients in Australia 3
(Date:7/13/2014)... 13, 2014 Advanced boilers are ... least amount of fossil fuels, produce high-capacity power, ... to increased global warming and climate change concerns, ... reduce harmful gas emissions and pollutants coming from ... in the global advance boilers market., The global ...
(Date:7/13/2014)... July 13, 2014 MarketsandMarkets recently ... [3D Modeling; 3D Scanning; 3D rendering; Layout and ... Analysis (2013 - 2018)”, which analyzes and studies ... North America, Western Europe, Eastern Europe, Middle East ... also draws the competitive landscape of the 3D ...
(Date:7/13/2014)... The Pearland, Texas location of The Little Gym, ... months to 12 years of age that offers everything from ... and Summer Camps, is now under new ownership. , Kevin ... after spending over six years at The Little Gym of ... , Berry has over ten years of experience working with ...
(Date:7/13/2014)... Recently, 2014QuinceaneraDresses.com, the distinguished special occasion ... range of gorgeous Quinceanera dresses . ... elegant Quinceanera outfits is huge. Therefore, 2014QuinceaneraDresses.com is ... company’s newly released dresses are made according to ... and vivid. , It is worthy of ...
(Date:7/13/2014)... Fadhits.com is popular among worldwide women. Its lace wedding ... the company has announced its new selection of elegant ... these outfits are available at discounted prices (from 25 ... is now offering similar discounts for many other wonderful ... other designs for sale, including flower girl dresses, wedding ...
Breaking Medicine News(10 mins):Health News:North America Advanced Boilers Market is Expected to Reach $518.7billion by 2019 - New Report by MicroMarket Monitor 2Health News:North America Advanced Boilers Market is Expected to Reach $518.7billion by 2019 - New Report by MicroMarket Monitor 3Health News:3D Imaging Market Worth $9.82 Billion By 2018 - Report by MarketsandMarkets 2Health News:3D Imaging Market Worth $9.82 Billion By 2018 - Report by MarketsandMarkets 3Health News:3D Imaging Market Worth $9.82 Billion By 2018 - Report by MarketsandMarkets 4Health News:The Little Gym of Pearland, TX Now Under New Ownership and Management 2Health News:2014QuinceaneraDresses.com Releases Its New Quinceanera Dresses 2Health News:Fadhits.com Announces a Special Offer on Elegant Quinceanera Dresses 2
... second year in a row, the American Red Cross and Pitney ... families around the world this holiday season. This year a million ... military installations and hospitals around the world. , ... , There are many ways you can take ...
... Family, Inc.,(Nasdaq: AFAM ) today announced that ... health license of the Medicare-certified home health agency,formerly operated ... will enable Almost Family to expand its service territory ... , "We are ...
... Grinch! On January 1st, more than 4 million federal employees ... benefits cut by Blue Cross Blue Shield (BCBS). , ... altered a plan that millions of federal employees and their ... bothered to notify anyone. Federal employees have only until December ...
... for Tobacco-Free Kids , , ... 24, 2008, approved sweeping smoke-free legislation requiring that indoor ... 100 percent smoke-free. This legislation is a major ... million residents and workers from the deadly effects of ...
... rodents shows the molecules help regulate appetite , , WEDNESDAY, Nov. ... from the Thanksgiving table this year, a molecule produced in ... to register on your brain the impact of the fat ... you feeling full for a while. But, researchers are hoping ...
... (NYSE: BRL ) today confirmed that its ... the patent listed by Anesta in connection with its ... , Barr filed its ... certification for a generic version of Amrix with the ...
Cached Medicine News:Health News:Remember to Send 'Holiday Mail For Heroes' and Thank a Service Member this Thanksgiving 2Health News:Almost Family Announces Acquisition of Kentucky Home Health Certificate of Need 2Health News:Almost Family Announces Acquisition of Kentucky Home Health Certificate of Need 3Health News:Blue Cross/Blue Shield Christmas Gift to Federal Employees: Surprise, We're Cutting Your Benefits!; Patients, Doctors and Health Care Providers Outraged 2Health News:Guatemala's Congress Takes Action to Save Lives By Approving Strong Smoke-free Legislation 2Health News:Guatemala's Congress Takes Action to Save Lives By Approving Strong Smoke-free Legislation 3Health News:Fat-Sensing Hormones Might Fight Obesity 2Health News:Barr Confirms Patent Challenge of Amrix(R) Extended-Release Capsules, 15mg & 30mg 2Health News:Barr Confirms Patent Challenge of Amrix(R) Extended-Release Capsules, 15mg & 30mg 3Health News:Barr Confirms Patent Challenge of Amrix(R) Extended-Release Capsules, 15mg & 30mg 4
... is a national reference laboratory and a ... development. ARUP offers an extensive test menu ... in clinical and anatomic pathology. Owned by ... include more than half of the nation's ...
... national reference laboratory and a worldwide leader ... offers an extensive test menu of highly ... and anatomic pathology. Owned by the University ... than half of the nation's university teaching ...
... national reference laboratory and a worldwide leader ... offers an extensive test menu of highly ... and anatomic pathology. Owned by the University ... than half of the nation's university teaching ...
... is a national reference laboratory and a ... development. ARUP offers an extensive test menu ... in clinical and anatomic pathology. Owned by ... include more than half of the nation's ...
Medicine Products: