Medigen Biotechnology Corp. (GTSM:3176) agreed to acquire 68% stake in Winston Medical Supply Co., Ltd. in shares on November 8, 2013. Medigen Biotechnology will issue one share of Medigen Biotechnology for nine shares of Winston Medical. Winston Medical will become a subsidiary of Medigen Biotechnology on January 10, 2014. The transaction is subject to approval from the Financial Supervisory Commission.

Medigen Biotechnology Corp. (GTSM:3176) completed the acquisition of 68% stake in Winston Medical Supply Co., Ltd. in January, 2014.