Medical device innovation center partners with European firms

The National Innovation Center for Advanced Medical Devices (NMED) in Longhua District has signed a strategic cooperation agreement with Spain-based GEE Group and cross-border investment platform SilkBridge Capital to help Chinese medical device companies expand into the European market.

The partnership will combine the three organizations’ expertise to establish an integrated service platform to support Chinese manufacturers throughout their entry into and growth in the European market.

Under the agreement, the partners will provide coordinated services covering market access and regulatory compliance, product registration and certification, distribution channel development, localized after-sales support, clinical validation, investment and financing, and talent development.

The National Innovation Center for Advanced Medical Devices (NMED) in Longhua District. Photo by Cai Weize

As a national-level innovation platform for the medical device industry, NMED has built a full-chain innovation ecosystem spanning clinical needs identification, key technology development, pilot manufacturing, product registration and industrial investment. The center brings together resources from industry, academia, healthcare institutions and investors to accelerate the commercialization of advanced medical technologies.

According to the agreement, GEE Group will contribute its experience in medical equipment operation and maintenance as well as its distribution network across Spain and other international markets, while SilkBridge Capital will provide expertise in cross-border investment, market entry and localization.

By integrating their respective strengths, the three partners aim to create a more efficient pathway for Chinese manufacturers of high-end medical devices seeking to establish a long-term presence in Europe.