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Beijing King Health to Distribute Allium Medical in China

Aug. 7, 2013

The Israeli company Allium Medical will distribute its urinary tract stents exclusively through Beijing King Health Investment. According to the agreement between the parties, King Health agreed to buy at least $16 million worth of Allium’s stents during the eight-year run of the contract. The two companies expect to launch the product by 2016, subject to CFDA approval.