Golden Meditech to Distribute Cord Blood Processing Device in China

by Richard Daverman, PhD

August 23, 2012 -- Golden Meditech Holdings, a China medical device company with a speciality in blood processing devices, has signed an agreement with ThermoGenesis to distribute the AXP® AutoXpress® System in China. The AXP device separates stem cells from cord blood and prepares them for cryopreservation. The five-year agreement requires Golden Meditech to meet a minimum level of annual purchases in return for exclusive rights to distribute the product in China. More details....

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