Beijing King Health to Distribute Allium Medical Devices in China

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by Richard Daverman, PhD

August 6, 2013 -- Allium Medical of Israel signed up Beijing King Health Investment to distribute the company’s urinary tract stents in China. King Health agreed to buy at least $16 million of Allium’s stents during the eight-year run of the contract. The two companies expect to launch the urinary stents in 2016, assuming CFDA approval. More details....

Stock Symbol: (TASE: ALMD)

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