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

technologies," said Mr. Kam Yuen, Golden Meditech's chairman and chief executive officer. "Our combined strength and experience will facilitate the advancement of blood collection and transfusion medicine in China, while offering solutions that are tailored to the Chinese medical sector to better serve patients. This agreement is an important milestone and it's a great honor to forge this joint venture with such an excellent partner."

"Golden Meditech has quickly established a leading position in China for medical technologies and services," said Mr. Ron K. Labrum, Fenwal president and chief executive officer. "This is an important collaboration that expands our product offering, provides new resources for growth and innovation, and makes us a more attractive partner for other medical companies looking to enter into or accelerate growth in China."

The two companies had previously announced their intent to form a joint venture under a framework agreement signed in 2009.

About FenwalFenwal, Inc. is a global medical technology company dedicated to ensuring the continued availability, safety and effectiveness of blood - medicine's most vital natural resource. Fenwal offers the broadest range of products for the automated and manual collection, filtration, separation, storage and transfusion of blood and its components. The company was founded in 1949. Today, Fenwal products and advanced blood technologies are used to help treat patients on six continents. Fenwal, Inc. is based in Lake Zurich, Illinois. For more information, please visit www.fenwalinc.com.

About Golden MeditechGolden Meditech Holdings Limited is China's leading integrated healthcare device and service provider, and the first medical device company that is publicly listed outside of the PRC on the Stock Exchange of Hong Kong Limited (HKEx). Golden Meditech is a first-mover in China, having established leading positions in medical d
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SOURCE Golden Meditech; Fenwal, Inc.
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