New Product Agreements Complement and Further Enhance Medical Product Offering
BETHESDA, Md., Aug. 10 /PRNewswire-Asia/ -- Chindex International, Inc.
('Chindex') (Nasdaq: CHDX), a leading independent American provider of Western
healthcare products and services in the People's Republic of China, today
announced that it has entered into two new exclusive, multi-year distribution
agreements for China with Biotest AG and Cutera Inc.
Biotest AG, based in Dreieich, Germany (SDAX: BIO3), specializes in
innovative hematology and immunology products. Biotest has appointed Chindex
as the exclusive distributor for its unique Tango Optimo Automated Blood Bank
System for the People's Republic of China. The Tango Optimo automates all
routine testing procedures performed in blood banking, including blood
grouping, antibody screening, and cross matching, and is the only blood bank
analyzer that offers seven-day on-board storage of liquid and microplate
reagents. Upon receipt of regulatory approval from China's State Food and Drug
Administration, Chindex will market the Tango Optimo to hospital laboratories
along with the Johnson & Johnson Ortho Clinical Diagnostics line of clinical
chemistry analyzers.
Cutera Inc. (Nasdaq: CUTR) is a leading manufacturer of upgradeable,
easy-to-use laser and other light-based aesthetic systems used by physicians
and other qualified practitioners worldwide. Under the terms of the agreement,
Chindex will market and distribute the upgradeable Xeo, Solera, and CoolGlide
platforms in China and Hong Kong. The Cutera family of lasers, several of
which have already been registered with the Chinese State Food and Drug
Administration, provides an excellent complement to present Chindex product
line.
Roberta Lipson, Chindex President and CEO, commented from Beijing, 'We are
excited to be announcing these partnerships with industry-leading
manufacturers that will widen the breadth of products that Chindex can now
offer to China's healthcare communities. Importantly, both of these exclusive
agreements leverage our existing leadership in their respective target markets
in China.