Dehaier Medical Systems Signs New Distribution Agreement to Distribute eVent Medical Ventilators
BEIJING, March 14, 2011 /PRNewswire-Asia-FirstCall/ -- Dehaier Medical Systems Ltd. (Nasdaq: DHRM ) ("Dehaier" or the "Company"), an emerging leader in the development, assembly, marketing and sale of medical devices and homecare medical products in China, today announced that it has signed a distribution agreement with Shanghai Haopu Medical Instruments Co. Ltd. to become a regional distributor of eVent Medical's inspiration ventilator in the Chinese market.
Under the agreement, Dehaier will sell eVent's inspiration ventilators to hospitals, clinics and medical facilities through its direct sales force and nationwide network of over 2,000 dealers and distributors.
"Continued expansion of our portfolio of agent products is a key growth engine for our medical device business. The addition of new, high-quality products such as the eVent ventilator allows us to address new segments of the market, while creating potential inroads for our branded medical devices and homecare products. We believe Shanghai Haopu's choice of Dehaier is further evidence of our strong industry reputation and our efficient sales distribution network," said Mr. Ping Chen, CEO of Dehaier.
About Dehaier Medical Systems Ltd.Dehaier Medical Systems is an emerging leader in the development, assembly, marketing and sale of medical products in China, including respiratory and oxygen homecare medical products. The company develops and assembles its own branded medical devices and homecare medical products from third-party components. The company also distributes products designed and manufactured by other companies, including medical devices from IMD (Italy), Welch Allyn (USA), HEYER (Germany), Timesco (UK), ResMed (Australia), eVent Medical (US) and J