Recently, Zhonghong Pulin Medical Products Co., Ltd. (hereinafter referred to as Zhonghong Medical, stock code: 300981), an enterprise specialized in the research, development, production and sales of high-quality disposable health protection products, sterile medical devices and other medical consumables and equipment, has concluded an agreement on strategic partnership with Juyi Science and Technology (Shanghai) Co., Ltd. (referred to as JoyMed Technology).
The agreement was concluded to meet the growing clinical demand of the Chinese market for high-quality, cost-effective and advanced medical devices. After friendly consultation, the two parties entered into long-term and all-round strategic partnership to develop business and set stage for further cooperation in other projects in the future based on Zhonghong Medical's product lines, global sales network and clinical resources and Juyi Technology's strength in professional medical device R&D, registration and production according to the principle of complementary advantages, resource sharing, equality and mutual benefit, and win-win cooperation. The two parties will work with each other to develop anesthesia-related product lines, domestic alternatives of the same type of imported medical devices, and promote commercialization of research achievements based on satisfaction of clinical demand.
It is reported that JoyMed Technology, established in Shanghai in 2014, is a leading CDMO service platform specialized in R&D, registration and production of medical devices in China, and providing solutions to R&D, clinical application, registration, localized R&D of full-range sub-contract products and complete products for global medical device enterprises and clinical institutions. Specialized in providing services in the whole process of medical device research and development, product clinical application, registration and marketing, supply chain management and sub-contract production, the company has built a globally advanced medical device innovation center and product technology platform in Shanghai and an advanced plant in Suzhou and Changsha with a total area of nearly 9,000 square meters that meets the hygienic standards of sterile medical devices, under the support of its resources of active device research and development, production equipment, manpower and technology.
In addition, the two parties also concluded Business Cooperation Agreement and the Medical Device Sub-contract Production Contract, and entered into a long-term and all-round strategic partnership for the production of portable electronic analgesic pump, pain management system, portable enteral nutrition pump and disposable nutrition pump. Based on their respective advantages, they have also laid a solid foundation for cooperation in all aspects of product research and development, registration, production and sales, so as to help Zhonghong Medical accelerate the development of anesthetic medical devices, boost the expansion of new markets and enhance the comprehensive competitiveness of the medical industry.
The increased efforts of Zhonghong Medical to develop business will enable effective integration of various superior resources, and promote the continuous innovation and iteration of its own businesses to stay on the top of competition.
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