Sinovation Med secures tens of millions of yuan in strategic financing

On July 20, Sinovation Med has received a strategic investment of tens of millions of yuan from Medtronic China. In the future, the two companies will explore multi-level strategic cooperation in the field of neurosurgery.

On July 20, Sinovation Med has received a strategic investment of tens of millions of yuan from Medtronic China. In the future, the two companies will explore multi-level strategic cooperation in the field of neurosurgery.

Founded in 2015, Sinovation Med is a provider of innovative medical devices intended to offer enhanced precision care.

The company’s surgical robots utilize clinical computer visioning technology to provide precision solutions for doctors and medical institutions.

The company’s products are mainly used for neurosurgery such as epilepsy, Parkinson’s disease, cerebral hemorrhage, and intracranial tumors.

To date, two products ofSinovation Med have obtained NMPA Class III Medical Device Registration Certificate; its robotic surgery is routinely performed in over 40 hospitals, with Over 1,000 neurosurgical clinical expert users.

The company’s precision robotic surgery planning software and surgical navigation software are more widely used, with a volume of more than 10,000 surgery cases.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/07/22/sinovation-med-secures-tens-of-millions-of-yuan-in-strategic-financing/.

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