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Neusoft to Buy Out its Medical Imaging JV Partner, Phillips

publication date: Feb 6, 2013
Neusoft Corporation, a China software company, plans to buy the 51% of its high-end medical imaging JV that it does not own from Philips, its current partner. Neusoft has a medical imaging subsidiary, Neusoft Medical, headquartered in Shenyang which was Neusoft’s marketing arm for its share of the JV’s products. The JV was established in 2004 and funded with $29.6 million in initial capital. All the IP developed by the JV will continue to be owned jointly by the two partners. More details....

Stock Symbol: (SHA: 600718)

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