Renewal Ceremony for Deanxit (2009-2013) Exclusive Distribution Agreement in China

Company News

China Medical System Holdings (CMS) Limited is pleased to announce that it has signed an addendum (the “New addendum”) extending the exclusive agency agreement entered into in 2002 with H. Lundbeck A/S (Lundbeck) to sell and market Deanxit in China (excluding Hong Kong and Macao) on the Renewal Ceremony which is held in Shenzhen China, the head office of China Medical System Holdings Limited on the afternoon of 22nd April 2008. Mr. Lam Kong (Chairman and CEO of CMS), Mr. Chen Hongbing (COO of CMS), Mr. Morten Bryde Hansen (Vice President of Lundbeck) and Mr. Michael Ryde (General Manager of Lundbeck) present in the renewal ceremony.

The addendum which was signed on the renewal ceremony marks the second extension of the agreement signed in 2002, and gives CMS exclusive right to sell Deanxit in China from 2009 to the end of 2013. The current addendum signed with Lundbeck will expire at the end of 2008.

Mr Lam Kong comments on the ceremony about the extension of the agreement,” We are very pleased to have supported Lundbeck in the past, and look forward to continuing this important relationship. The combination of the expertise and infrastructure of CMS in China with the Lundbeck antidepressant brands has contributed to the success of Deanxit in China. We are confident that we will continue to surpass the minimum purchase targets.”

Mr. Morten Bryde Hansen also said,” The collaboration between Lundbeck and CMS has been a great success, CMS has continued to deliver on and often exceed the sales targets and we are pleased to continue our cooperation with CMS in the rapidly expanding PRC market.”