Medical device policy dividends continue to be listed companies to take advantage of mergers and acquisitions to win

This year the state will launch a medical device special support, and encourage Chinese enterprises innovative medical devices, medical device industry policy environment is constantly improving. This is what the Shanghai Securities Journal reporter learned from the 4th China Medical Device Industry Innovation and Technology Finance Forum held yesterday. The forum is hosted by the Chinese medical device industry, and hundreds of Chinese and foreign medical device companies and PE and VC investment institutions are attending the “support”.

Hua Yutao, deputy director of the Department of Chemical Medicine and Medical Devices of the China Biotechnology Development Center of the Ministry of Science and Technology, told the reporter that in recent years, the Ministry of Science and Technology, the National Development and Reform Commission, the Ministry of Industry and Information Technology and other departments have all taken the medical device technology industry as a key point of support, such as the Ministry of Science and Technology issued The Twelfth Five-Year Plan for the Device Technology Industry and the Ministry of Industry and Information Technology have launched the "Special Project for Medical Device Support" to give priority support to projects in line with the direction of national industrial development.

"The major special projects in medical devices are being implemented, which will greatly promote the development of China's medical device industry." Relevant sources revealed.

With the help of policies, the technological development of medical devices in China has continuously made breakthroughs. According to Hua Yutao, in the past ten years, the international rankings of medical papers and patents in China have risen rapidly. The ranking of international papers has risen from the 13th to the 2nd, and the number of patents has risen from the 6th. Second place.

It is worth noting that in the face of the huge market prospects brought about by urbanization, aging and new medical reform, the trend of rapid development of the medical device industry is remarkable. In this context, medical device listed companies have held a lot of money and become the “new force” of M&A.

“When the road to M&A of Chinese medical device companies begins, they can no longer stop.” Jiang Feng, chairman of the National Medical Device Industry Technology Innovation Strategy Alliance, told reporters that distributors of medical devices have begun to acquire overseas suppliers. .

Furui Co., Ltd. is a "typical representative" of acquiring overseas suppliers as an agent. In June 2011, Furui Co., Ltd. used its over-raised funds of RMB 184 million to include its exclusive 100% equity interest in Echoen France. After the completion of the acquisition, Echoen's liver fiber diagnostic equipment products have been continuously gaining new breakthroughs under the promotion of Furui.

It is understood that the M&A investment direction of listed medical device companies is mainly aimed at new technologies and new business models. "In addition to increasing development in the field of technological advantages, we are also very much looking forward to the development of cell technology." Guanxi bio-related sources told reporters that "there are 30-40 companies listed on NASDAQ. We are very concerned that we are looking for suitable new technology introduction projects."

Bao Laite’s director-in-chief, Li Xiaoming, said that the company is very concerned about new business areas such as wearable devices and is looking for investment opportunities.

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