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Chindex Forges JV with Fosun Pharma

publication date: Jun 14, 2010
Chindex International has entered a medical device distribution JV with Shanghai Fosun Pharmaceutical Group. If all conditions are met, Fosun will purchase $30 million of equity in Chindex, about 10% of the total, which will bring its ownership of Chindex up to 25%. Some details of the arrangement remain to be worked out. More details...

Stock Symbols: (NSDQ: CHDX) (SHA: 600196)

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