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Xinhua Medical Instrument And Guowei Medical Instrument To Set Up Medical Device Firm

This article was originally published in PharmAsia News

Executive Summary

Shandong Xinhua Medical Instrument will collaborate with Shandong Guowei Medical Instrument Investment to set up Guangzhou Taimei Medical Devices. Shandong Xinhua will invest RMB 4 million and Shandong Guowei will invest RMB 16 million in the joint venture. The new firm, which will act as an agent for Johnson & Johnson's orthopedics medical devices, will focus on the operation of these devices. (Click here for more - Chinese Language)
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