Time Medical pursues China venture

MR firm Time Medical (TiMed) of Metuchen, NJ, has signed an agreement for China Medical City to provide TiMed with a building with more than 8,000 sq meters of space.

TiMed will occupy the building at no charge for two years following three years at a discounted lease to support the company's plan to establish an MRI production line in China.

TiMed sells coils and components to MRI manufacturers to retrofit existing MRI systems.

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