Shanghai Artemed Hospital Signed Strategic Cooperation Agreement with Zimmer

Shanghai Artemed Hospital entered into a strategic cooperation agreement with Zimmer (Shanghai) Medical International Trading Co., Ltd. on the basis of a comprehensive assessment of product quality, performance and price and from the perspective of maximizing patient benefits. It means that Shanghai Artemed Hospital and Zimmer (Shanghai) Medical International Trading Co., Ltd. launched an official strategic cooperation in the industry of orthopedics. Mr. Pu Yijia, the CEO of Shanghai Artemed Hospital, Mr. Liu Zhaozhou, the CFO of Shanghai Artemed Hospital, and Mr. Li Yongming, the Director and General Manager of Zimmer, attended the signing ceremony on the same day.

Shanghai Artemed Hospital is a foreign-invested comprehensive hospital. It specializes in orthopedics in the Shanghai Free Trade Zone and is funded by Silver Mountain Capital Limited and Artemed SE. Phase I (200 beds) of the hospital, with orthopedics as its key specialty, focuses on internal medicine, surgery, oncology, digestive endoscopy, etc. Additionally, the hospital is equipped with PET-MRI, an advanced medical imaging device. The establishment of Shanghai Artemed Hospital aims to introduce international advanced medical standards and world-class medical management experience. On the one hand, Chinese patients will get access to international medical services and treatment without leaving the country. On the other hand, the introduction of international training and technology enables medical professionals in China to learn and master world-leading technologies and better serve patients in the country.

Zimmer was founded in 1927. It is a world-renowned company, specialized in manufacturing, selling artificial joints and prostheses, wound care products, patient care products, arthroscopy and orthopedic power equipment. The company has excellent performance in product design, R&D, manufacture and marketing of orthopedic reconstruction, trauma and spine products. According to Business Weekly, a prominent American newspaper, Zimmer is named as one of the fastest growing companies.

Shanghai Artemed Hospital is scheduled to import Zimmer orthopedic products. This cooperation is conducive to the effective development of hospital diagnosis and treatment, better and high-end medical services for patients, and jointly creation of a wholly-foreign-owned comprehensive hospital with orthopedic specialties.