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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¢ç (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¢ç 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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