It has been a year now, since Altride Healthcare, a subsidiary of the Melchers Group, has signed an agreement with the Chinese company Maxwell Medical Technology to form a joint venture to enable market access, expand promotion and distribution activities of MedTech products in China.
The combination of strong local expertise and execution excellence with corporate governance by international standards, has led to the Sino-German joint venture Meddax Medical to reinforce support for multinational medical device manufacturers in the Chinese market.
A lot has happened and progressed in the past year. New diverse partnership agreements have been formed at Meddax Medical, for instance with Gentherm Medical, a globally operating market leader in thermal management technologies as well as with AKTORmed, the German market leader in the robotic assistance systems field. Meanwhile, the team at Meddax is working closely with its partner pfmmedical in continuously growing its China business.
Altride Healthcare is also working alongside LS medcap, supporting Chinese medical device companies to gain necessary regulatory approvals in Europe. The first knowledge sharing webinar took place in October, attracting more than 1,000 viewers highlighting the growing interest and relevance of this topic.
We are excited to continue to deliver innovative products to patients in China, thank our partners for the trust in us thus far and are looking forward to new product launches and partnerships in 2025.