Medicexchange offers route to China for medical device companies

With new offices in central Beijing, Medicexchange China continues to grow and is now able to provide western medical device companies with a portfolio of services to assist them in entering the Chinese market.

In addition to having a Chinese dealer network covering 80 per cent of Tier 1 and Tier 2 hospitals in China, Medicexchange also offers services for regulatory clearance (SFDA), market assessments, equipment importing, translation services, online promotion through Medicexchange.com and full clinical training and support.

To lead this strategy, Nancy Zhuang has been promoted from sales director to sales and operations director for Medicexchange China.

Zhuang takes up the post with over ten years experience. Prior to Medicexchange, Ms. Zhuang worked at the Beijing representative office of Bard International, Inc. from 2004 to 2006. Before serving with Bard, Ms. Zhuang worked at GE Healthcare China as an advanced product specialist. She was a research assistant at the Division of Cardiology, Harbor-UCLA Medical Center, and a clinical resident at FuWai Cardiovascular Institute and Hospital, Peking Union Medical College (PUMC) and the Chinese Academy of Medical Sciences (CAMS).

Zhuang says: “Medicexchange China is now the company offering a complete range of services to medical device manufacturers, radiologists and imaging professionals in China. I’m pleased to be working on this unique opportunity.”

Medicexchange CEO Adam Boyse says: “The Medicexchange presence in China offers medical device companies an efficient and cost effective route into the Chinese marketplace. With the back up of the Medicexchange presence in Europe and USA, I am confident that Nancy Zhuang will lead the team in offering the best services to manufacturers and the leading medical products and support to radiologists.”

Contact:
Vanessa Guzman
Medicexchange Plc
Tel: 212.921.8080
Fax: 212.278.0186
http://www.medicexchange.com

Notes for Editors

1. The size of the Chinese marketplace:
• There are over 60,000 radiologists in China.
• The multi-detector computed tomography (MDCT) install-base is approximately 3,000-strong, which makes China the fourth largest market in the world.
• There are more than 20,000 hospitals across the country.

2. About Medicexchange:
Medicexchange.com is an online sales and information channel providing diagnostic, treatment and surgery planning solutions for breast, cardiac, musculoskeletal, abdominal-pelvic, thoracic and neuro imaging from a range of different software companies. The site provides these solutions in a low-cost, on-demand and digitally-downloadable format for medical imaging professionals, providing access to information and products that are traditionally difficult to access. Medicexchange.com is owned and operated by Medicexchange Plc. Medicexchange Plc is a subsidiary company of MGT Capital Investments, Inc. Product and company information can be found on www.mgtci.com. Stock symbol: MGT.