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Exclusive Contract for Guardian for Chinese Market |
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2014-07-21 |
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BM Korea Co. Ltd, (hereinafter “BMK”) successfully singed “Exclusive Distributor Contract” to supply Guardian® (kyphoplasty system) to China National Medical Equipment Co., Ltd. (hereinafter “CMIC”) at “CMIC”’s head office in Beijing as of Jan. 1, 2014.
According to the contract, “BMK” will supply more than 3 million worth of Guardian® to the whole Chinese market for 3 years through “CMIC”.
“CMIC”, a wholly owned subsidiary of China National Pharmaceutical Group Corporation (hereinafter “Sinopharm”) is a global provider of medical devices.
“Sinopharm” is consisted of 10 subsidiaries and 5 listed companies and they achieved US$2.6 Billion 2012 and have grown up 33% in annual average sales.
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