# Biolight to form joint venture with Beijing Zhili Medical for blood purification market

Biolight announced it will form a joint venture with Beijing Zhili Medical Technology Co., Ltd., named Sichuan Biolight Zhili Medical Technology Co., Ltd., with registered capital of RMB 18 million. Biolight will contribute RMB 11.7 million (65%) and Zhili Medical RMB 6.3 million (35%).

- Type: Partnership
- Announced: 2021-04-19
- Where: China
- Value: $2.77M (18.0M CNY)
- Status: announced
- Products: blood purification equipment
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Biolight](https://endata.com/companies/32050.md)
- [Beijing Zhili Medical Technology](https://endata.com/companies/54535.md) (partner)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/452146.html), 2021-04-19: "为开拓血液净化市场，公司拟与北京智立医学技术股份有限公司共同出资设立控股子公司。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.