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Johnson & Johnson (China) Investment Ltd. Acquires Guangzhou Bioseal Biotechnology Co., Ltd.
Date:5/3/2012

ress bleeding, sealing and leaking challenges," said Michael del Prado, Company Group Chairman, Johnson & Johnson Medical Asia Pacific. 

This is the first acquisition in the medical device industry for Johnson & Johnson (China). The corporation has been doing business in China for more than 25 years, including establishing a new innovation center in China last year to design and develop medical devices and diagnostic products specifically for Asia's emerging markets. This acquisition reinforces our long-standing commitment to providing medical solutions in Asia that help to improve the standard of health care for millions of people in the region.

The acquisition of Bioseal will complement Ethicon's existing biosurgery portfolio and will allow the business to immediately enter the fibrin sealant market in China, broaden product offerings and create an opportunity to increase global reach by introducing advanced biologic solutions that meet the various needs of more physicians and patients, throughout Asia and around the world.

About Johnson & Johnson (China) Investment Ltd.

Johnson & Johnson (China) Investment Ltd. is a foreign investment entity established in China by Johnson & Johnson in 1998. For more information about Johnson & Johnson and its operating units in China, please visit www.jnj.com.cn.

About Ethicon, Inc.

Ethicon, Inc. is a trusted, world-wide leader in surgical care. For over a century, Ethicon has continuously introduced innovations in wound closure, general surgery, wound management, biosurgicals, women's health and urology, aesthetic medicine and ENT solutions that fulfill the Company's vision: Restoration of body and of life.


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SOURCE Johnson & Johnson (China) Investment Ltd.
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