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flag China Medical System's subsidiary signed a Novation Agreement.

flag China Medical System (00867) announced on February 3, 2024, that its wholly-owned subsidiary entered into a Novation Agreement with Vifor Fresenius Medical Care Renal Pharma Ltd. and Winhealth Investment for the sucroferric oxyhydroxide chewable tablets Velphoro®. flag The License Agreement between Winhealth Investment and VFMCRP was signed on June 28, 2023, granting Winhealth Investment an exclusive license to register, import, promote, distribute, use, and sell the product in Mainland China, Hong Kong, Macao, and Taiwan.

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