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Joint Venture agreement signed on CMEF exhibition in Shenzhen, China
2014-05-14

Beijing, April 19. 2014. Innomed Medical Inc. based in Budapest, Hungary and celebrating its 25th anniversary this year and Shenzhen Biocare Bio--‐Medical Equipment Co. Ltd. has signed a joint venture agreement today in Shenzhen, China. The two partners have met at CMEF exhibition and started cooperation several years ago. The new company –in which Biocare taking 51% and Innomed taking 49% ownership--‐ will focus on marketing Innomed’s biphasic defibrillator products.

Shenzhen Biocare Bio--‐Medical Equipment Co., Ltd. has been great influencing the global market of digital electrocardiograph (ECG), also be well known with fetal monitor, patient monitor and ultrasound diagnostic device since 1996. For more information on Biocare, please visit: www.biocare.com.cn

Innomed Medical Inc. is one of the largest Hungarian medical device developing, manufacturing and trading company with a history of 25 years. The products of Innomed’s two major divisions of cardiology and imaging technology are present in over 110 countries worldwide. Innomed Medical Inc. is a company synonymous with quality. For more information on Innomed, please visit: www.innmed.hu

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