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Medifocus Forms China JV to Speed Development of its Medical Devices

publication date: Nov 12, 2013
Medifocus, a US medical device company, will form a joint venture agreement with Ideal Concept Group of Hong Kong. The JV will seek to gain China approval of two Medifocus minimally invasive, microwave-based devices that target benign prostatic hyperplasia (BPH) and cancer. ICG will own a majority 60% stake in the JV, while the remainder will belong to Medifocus. More details....

Stock Symbol: (OTCQX: MDFZF; TSX: MFS)

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