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Tasly Forms JV to Commercialize Confocal Laser Endomicroscopy Device

publication date: Jul 12, 2022

Tianjin Tasly Pharma formed a JV with Mauna Kea Technologies of Paris for China commercialization of Mauna Kea’s Cellvizio®, a needle-based confocal laser endomicroscopy platform. The platform offers probes for medical applications in gastroenterology, pulmonology and urology. The JV will also direct global commercialization of the platform for neurology and neurosurgery, and it will manufacture Cellvizio units for the China market. Mauna Kea will receive $10 million in cash, a 44% equity interest in the JV, and a 5-year commitment to purchase minimum quantities of Cellvizio systems and probes. More details....

Stock Symbols: (SHA: 600535) (Euronext: MKEA)

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