MicroPort<sup>®</sup> Signs Cooperation Agreement with Beijing Weimai Medical Device

Shanghai, China – Shanghai MicroPort Medical (Group) Co ("MicroPort®") and Beijing Weimai Medical Device Co, an interventional equipment developer and producer owned by TCL Healthcare, recently held the signing ceremony of strategic cooperation agreement in MicroPort® headquarters. TCL Healthcare Board Director and Chief Scientist Hongguang Cao, General Manager of Beijing Weimai Medical Device Co He Yang, and MicroPort® Chief Marketing Officer ("CMO") Bo Peng attended the ceremony.
 
MicroPort®'s cooperation with Beijing Weimai Medical Device Co comes in response to the Guideline of State Council on Promoting Hierarchical Medical System that aims to improve services at county- and township-level health centers, especially in less-developed areas. Under the agreement, the two companies will collaborate through leveraging complementary strengths to penetrate target markets.
 
MicroPort® CMO Bo Peng said, this agreement brings together the two parties' complementary advantages in product portfolio and distribution network, and is expected to enable the two companies to share procurement opportunities so as to benefit more primary healthcare institutions and patients.