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EndoChoice to sell Full Spectrum Endoscopy (Fuse) System in China via distribution agreement with Chindex Medical

Press releases may be edited for formatting or style | January 07, 2016
ALPHARETTA, Ga., Jan. 7, 2016 /PRNewswire/ -- EndoChoice Holdings, Inc. (NYSE: GI) announced it has entered into a distribution agreement with Chindex Medical Ltd. ("Chindex"), a leading medical device distributor, to sell the company's Full Spectrum Endoscopy System (Fuse) in the People's Republic of China, including Hong Kong and Macao.

Chindex is a full-service distributor of high tech medical equipment in greater China with a strong presence in the minimally-invasive surgical and imaging sectors including serving as the exclusive distributor for the Intuitive Surgical daVinci® Surgical Systems, MAKOPlasty® Orthopedic System and NeuroLogica Portable CT Platforms. Chindex will begin distributing the Fuse system in the first quarter of 2016 in Hong Kong, and then in China following approval by the Chinese FDA later this year.

"We are pleased to expand our global reach through this agreement with Chindex as it represents a significant market opportunity for EndoChoice," stated Mark Gilreath, Founder and CEO of EndoChoice. "As we continue to expand our reach into key international markets like Asia, we see growing interest in the Fuse system driven by best in class technology and unmatched clinical results. We continue to expect international expansion will further strengthen our global commercial strategy."

William Wang, CEO of Chindex Medical and VP of FosunPharma, commented "The Fuse system is the most advanced in the gastroenterology space providing a panoramic view of anatomy and clinical data1 showed Fuse detected 69% more adenomas than standard colonoscopes. The Fuse system is an ideal complement to Chindex's expertise and we are excited to bring this innovative technology to physicians and patients in our markets."

About EndoChoice

Based near Atlanta, EndoChoice (NYSE: GI) is a medtech company focused on the manufacturing and commercialization of platform technologies including endoscopic imaging systems, devices and infection control products and pathology services for specialists treating a wide range of gastrointestinal conditions, including colon cancer. EndoChoice leverages its direct sales organization to serve more than 2,500 customers in the United States and works with distribution partners in 30 countries. The Company was founded in 2008 and has rapidly developed a broad and innovative product portfolio, which includes the Full Spectrum Endoscopy System (Fuse®). EndoChoice, Fuse, and Full Spectrum Endoscopy are registered trademarks of EndoChoice Holdings, Inc.

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