CellaVision signs Term Sheet with potential Chinese distribution partner

CellaVision signs Term Sheet with potential Chinese distribution partner

ID: 304425

(Thomson Reuters ONE) -


CellaVision has signed a Term Sheet with Mindray, with the intention to reach
agreement regarding distribution of CellaVisions products, especially in China
and other emerging markets.

"It is part of CellaVision's strategy to expand geographically by working with
strong distribution partners with local knowledge. Collaborating with Mindray
supports our focus on increasing both our market awareness, and penetration of
our products in emerging markets", says Yvonne Martensson, CEO at CellaVision.

As part of the partnership evaluation, Mindray will demonstrate CellaVision's
analyzers at the trade fair CCLab in Wuhan, China on October 11-13.

More information will be provided in connection with the signing of a binding
agreement. The intention is to agree on the terms of a partnership before 2013
year-end.

For more information, please contact
Yvonne Martensson, CEO, CellaVision AB
Tel: + 46 708-33 77 82 | Email: yvonne.martensson(at)cellavision.com

About CellaVision
CellaVision is an innovative, global medical technology company that develops
and sells its own leading systems for routine analysis of blood and other body
fluids in health care services. The products rationalize manual laboratory work,
and secure and support effective workflows and skills development within and
between hospitals. The company has leading- edge expertise in image analysis,
artificial intelligence and automated microscopy. In most countries sales are
via global partners. Products are sold directly in the Nordic countries and via
subsidiaries in the US, Canada and Japan. CellaVision's registered office is in
Lund, Sweden. The share is listed on the Nasdaq OMX Stockholm, Small Cap list.
Read more at www.cellavision.com.


About Mindray
Mindray is a leading developer, manufacturer and marketer of medical devices




worldwide. Mindray maintains its global headquarters in Shenzhen, China, U.S.
headquarters in Mahwah, New Jersey and multiple sales offices in major
international markets. From its main manufacturing and engineering base in
China, Mindray supplies through its worldwide distribution network a broad range
of products across three primary business segments, namely patient monitoring
and life support, in-vitro diagnostic, and medical imaging systems. For more
information, please visit http://mindray.com.



This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: CellaVision AB via Thomson Reuters ONE
[HUG#1734582]




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Bereitgestellt von Benutzer: hugin
Datum: 09.10.2013 - 18:00 Uhr
Sprache: Deutsch
News-ID 304425
Anzahl Zeichen: 3126

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