
High-end Ophthalmic Medical Device Developer

R&D Developer of Radiotherapy Robotic Systems

Developer, Manufacturer, and Seller of Cardiac Rhythm Management Products

Medical Robot Developer

01
TowardPi Medical Completes$500 Million Series E Financing: Largest Single Round Funding in China's Ophthalmic Equipment Primary Market
TowardPi Medical Completes RMB 500 Million Series E Financing Led by the Social Security Fund Zhongguancun Independent Innovation Special Fund (Managed by Legend Capital), Beijing Robotics Industry Investment Fund, and Qiming Venture Partners
02
Beijing Ruihuachen Medical Technology Co., Ltd Completes Tens of Millions of Yuan in FinancingSeries A1 Financing
Recently, Beijing Ruihuachen Medical Technology Co., Ltd. announced the successful completion of a multi-million yuan A1 round of financing. This round was led by Zhongjin Huirong, under CICC Capital, with co-investments from Tianfeng Capital and other institutions. The proceeds will be used to accelerate the in-depth innovative R&D of Ruihuachen Medical's core product – a new generation AI-powered precision radiotherapy robot – and inject strong momentum into its global industrial layout, marking a new phase in the independent innovation of China’s high-end large-scale medical equipment. Ruihuachen Medical was jointly founded by leading companies including TiRobot, an innovator in medical robotics; Hygea Medical, a platform for innovative tumor minimally invasive treatment; Beijing Medical Robotics Industry Innovation Center, a high-end medical device CDMO platform; and StarryRT, a U.S.-based innovative technology company. As a game-changer in the field of cancer precision radiotherapy, Ruihuachen Medical enjoys robust technical and market resource support from its powerful shareholders and focuses on the development of advanced radiotherapy technologies.
03
Singular Medical CompletesSeries C Financing of Nearly 150 Million Yuan to Accelerate the R&D and Commercialization of Innovative Products for Cardiac Rhythm Management
Singular Medical Announces Completion of Nearly 150 Million Yuan in Series C Financing. This round of financing was led by Tasly Capital, with continued support from existing shareholders Qiming Venture Partners, SND Holding Group, and Kangyu Capital. The funds raised will be used for the development and commercialization of the company’s next-generation products. Singular Medical is a leader in the research, development, and production of Cardiac Rhythm Management (CRM) medical devices in China, committed to building a high-end CRM medical device brand in China. The company's product portfolio includes Implantable Cardioverter Defibrillators (ICD), Insertable Cardiac Monitors (ICM), pacemakers, and more. By bringing together experts from both China and the United States, the company has, over the course of eight years, accumulated deep technical expertise and industry solution experience in this field, establishing core technological capabilities and implementation methodologies covering the entire lifecycle of CRM systems.

04
ROB's "Digestive Endoscopy Surgical Robot" Approved for Marketing
New Product Launch in Surgical Robot Market: ROB's Endoscopic Surgery Robot Approved for Marketing
05
ROB Medical® "Intelligent Orthopedic Surgical Robot 2.0" Approved by NMPA for Official Launch
The upgraded intelligent orthopedic surgery robot of ROB's Rosenwanxiang® has passed the NMPA review and officially entered the market as a Class III medical device, bringing intelligent assistance to orthopedic surgeries.
06
Soni Cracker™-CL Completes Overseas Product Commercialization Application
Recently, the SoniCracker™ Disposable Coronary Intravascular Lithotripsy (IVL) Balloon Catheter, independently developed by Shanghai Lanfan Boyuan Medical Technology Co., Ltd., a subsidiary of Blue Sail Medical's Cardiovascular and Cerebrovascular Division, successfully received approval in the Asia-Pacific region (APACA). Its overseas commercial application was completed at Gleneagles JPMC, a renowned medical institution in Brunei. The SoniCracker™-CL (NMPA Registration No. 20243030988) officially obtained the NMPA medical device registration certificate in May 2024, becoming the fourth domestically produced product of its kind to be approved for marketing by China’s National Medical Products Administration. Blue Sail Medical has now become the fourth local company in the coronary intravascular lithotripsy field to have a product approved for market, following ROB in October 2023, Lepu Medical in January 2024, and Pulse Medical in March 2024.

07
Strategic Cooperation Peijia Medical Partners with Yuanfeng Capital to Embark on a New Journey in the Medical Device Industry
Peijia Medical Partners with Yuanfeng Capital to Raise 1.5 Billion Fund, Driving Innovation in Structural Heart Disease, Neurointervention, and High-End Medical Devices; Strong Alliance Sparks Anticipation.

08
Strategic Cooperation| Oshine Group and Akang Health Reach Strategic Cooperation, Jointly Promoting End-to-End Collaboration in the Medical Device Industry Chain
Ozida and Akang Health Sign Strategic Cooperation Agreement to Deepen Collaboration in Multiple Aspects of the Medical Device Industry Chain, Including Services, Technology, Channels, Industry, and Business Innovation, Jointly Promoting High-Quality Development of the Health Industry and Exploring the Path to Popularizing Grassroots Internet Healthcare.

09
Boston Scientific$4.4 Billion Bet on Popular Tracks
Recently, Boston Scientific, a medical device giant, announced a major acquisition plan. Boston Scientific has reached an agreement to acquire SoniVie, a developer of intravascular ultrasound systems. The total value of this transaction is $600 million (approximately RMB 4.4 billion). Reportedly, SoniVie is a private medical device company that develops the TIVUS™ intravascular ultrasound system. This acquisition will help Boston Scientific enter the highly competitive renal denervation (RDN) market. As a strategic investor in SoniVie, Boston Scientific previously held about 10% of its shares. According to the acquisition agreement, Boston Scientific will pay an upfront payment of approximately $360 million for the remaining 90% of the shares not yet owned. Additionally, if SoniVie achieves specific regulatory milestones, Boston Scientific may pay up to an additional $180 million. Boston Scientific values the upfront payment for this transaction at $400 million, with milestone payments valued at $200 million, bringing the total transaction value to $600 million (approximately RMB 4.4 billion).

10
The scale of China's medical equipment market has reached1.35 trillion yuan
China's Medical Equipment Market Reaches 1.35 Trillion Yuan, Forming a Comprehensive Product System. The Ministry of Industry and Information Technology Will Develop the "15th Five-Year Plan" for the Medical Equipment Industry, Promoting the Precision and Intelligence Development of Medical Equipment. Independent Innovation, "Digital Intelligence" Empowerment, People-Oriented, Openness and Win-Win Are the Future Development Paths.
11
Shanghai Releases General-Purpose Robots"Brain"
Recently, another significant progress has been made in humanoid robots in Shanghai. Zhiyuan Robotics released the GO-1 large model, a general embodied base model, which has been successfully deployed on multiple robot bodies. Reportedly, GO-1 can utilize human videos for learning and enable robots to adapt to different scenarios and tasks with minimal or even zero samples, lowering the threshold for using embodied models. The foundation consists of large-scale pure text and graphic data from the Internet, helping robots understand general knowledge and scenes. The second layer includes large-scale human operation and cross-body videos, assisting robots in learning human or other body action patterns. The third layer is simulation data, used to enhance generalization and allow robots to adapt to various scenarios and objects. At the top of the pyramid is high-quality real machine teaching data, used for training precise motion execution.
12
190 Million Medical Equipment Upgrade Project
Recently, the Hainan Health Commission announced the centralized procurement results for ultrasound equipment. The total budget of 190 million yuan for 200 sets of equipment was finally completed at 119 million yuan, saving more than 71 million yuan, with a reduction of 37%. This centralized procurement covered 10 categories including obstetrics and gynecology machines, cardiac machines, portable machines, and handheld ultrasound devices. Chinese manufacturers Mindray, Neusoft Medical, and Stork became the biggest winners, while among foreign brands, only GE Healthcare won with its cardiac machine. From the specific winning bids: Mindray Medical exclusively secured 7 bid packages, winning 160 sets of equipment with a total amount of nearly 99 million yuan, accounting for over 83%. Its high-end full-body ultrasound Resona R MV was awarded at a unit price of 795,000 yuan, a decrease of 47% from the budgeted price of 1.5 million yuan, and it is equipped with elastography and AI-assisted diagnostic functions, performing on par with high-end foreign models. Neusoft Medical secured the high-end obstetrics and gynecology machine package at a unit price of 560,000 yuan, a 53% reduction from the budgeted price, with its 4D automatic volume navigation technology breaking the long-term monopoly of foreign companies.
13
NMPA Drafts New Regulations for Second-Generation Gene Sequencing In Vitro Diagnostic Reagents
Recently, in order to guide the determination of the regulatory attributes and classification of in vitro diagnostic reagents related to second-generation gene sequencing, the General Office of the National Medical Products Administration has drafted the "Guiding Principles for the Classification of In Vitro Diagnostic Reagents Related to Second-Generation Gene Sequencing (Draft for Comments)" based on the "Regulations on the Supervision and Administration of Medical Devices," "Measures for the Registration and Filing Administration of In Vitro Diagnostic Reagents," "Classification Rules for In Vitro Diagnostic Reagents," and the "Classification Catalogue of In Vitro Diagnostic Reagents." The main scope is that the classification of in vitro diagnostic reagents related to second-generation gene sequencing can refer to this guiding principle. The second-generation gene sequencing technology referred to in this guiding principle, also known as high-throughput sequencing technology, refers to a type of gene sequencing technology with highly parallelized measurement units and relatively short single-read lengths.
14
Price Reduction for Five Types of Consumables to Begin on March 15
Recently, the Inner Mongolia Medical Insurance Bureau announced the notice of the implementation of the centralized volume-based procurement results for cochlear implants organized by the state and pre-filled catheter flushers led by the Inner Mongolia provincial alliance. The single-set price of cochlear implants has dropped from an average of over 200,000 yuan to around 50,000 yuan, marking a 75% reduction. The centralized volume-based procurement of pre-filled catheter flushers is the third provincial alliance procurement led by Inner Mongolia after guidewires and hemostatic materials, with 16 companies selected. The average price reduction is 85.4%, with the highest reaching 93%. After the results for cochlear implants and pre-filled catheter flushers are implemented in the Inner Mongolia region, they will be included in the direct settlement scope between the medical insurance fund and pharmaceutical enterprises, ensuring payment to distribution enterprises by the end of the following month after product warehousing. At the same time, collaborative management of procurement, supply, and usage will be continuously strengthened to ensure that the procurement results truly benefit the public.
15
China's National Healthcare Security Administration Establishes New Price Items Related to Brain-Computer Interface
Recently, the National Healthcare Security Administration issued the "Guidelines for the Establishment of Neurological Medical Service Price Projects (Trial)", which includes a forward-looking standalone project for brain-computer interface (BCI) new technologies to accelerate the transformation of these technologies into practical applications. It is reported that BCI technology is mainly divided into two categories: non-invasive and invasive. To address the need for continuous equipment adjustments in non-invasive BCIs, the guidelines introduce a new price category called "Non-Invasive Brain-Computer Interface Adaptation Fee". For invasive BCIs, the guidelines establish specific price categories such as "Invasive Brain-Computer Interface Implantation Fee" and "Invasive Brain-Computer Interface Removal Fee". The National Healthcare Security Administration stated that this means once BCI technology matures, a clear payment pathway for rapid clinical application will be ready. After regions implement the guidelines, medical charges for BCIs will have a standardized basis. Additionally, the guidelines set separate "Standard" and "Complex" categories for treatments with high technical value and risk levels; cases recognized by expert consensus as complex can be directly included under the "Complex" category for billing.

16
Zhejiang: Multiple Areas Develop Pharmaceutical and Medical Device Specialty Industries
Recently, at the 2025 Zhejiang Province Drug, Medical Device, and Cosmetics Regulatory Work Conference, it was announced that Zhejiang will focus on reform and innovation to further optimize the business environment for the drug, medical device, and cosmetics industries. The province aims to accelerate the deep integration of innovation and industrial chains, fostering new momentum for high-quality development in the pharmaceuticals and medical devices sector. To address the difficulties in industrial transformation and upgrading, Zhejiang is implementing a differentiated "one industry, one policy" development strategy, piloting reforms in regions with industrial advantages to create specialized and refined clusters. In areas where the pharmaceuticals, medical devices, and cosmetics industries are concentrated, "group-style" services are being provided to collectively resolve challenges faced by companies in research and development, production, and distribution. So far, Zhejiang's pharmaceuticals, medical devices, and cosmetics industries have shown a "multi-point blooming" trend: Wenzhou’s Eye Valley, Gene Medicine Valley, and Southern Zhejiang Beauty Valley have formed distinctive industrial chains; Huzhou’s cosmetics industry is booming, with its beautiful economy ecosystem maturing continuously; Jiaxing has established grassroots professional regulatory agencies for nuclear medicine, exploring a "Zhejiang solution" for safe nuclear medicine industry development; Taizhou’s Medical Device Town has found breakthroughs in industrial upgrading through differentiated development; Lishui is focusing on nurturing ecological beauty products and traditional Chinese medicine industries, with brand value steadily increasing.
17
Guangdong Supports Enterprises in Integrating AI and Robotics Industry Chain and Innovation Chain Resources
Recently, the General Office of the People's Government of Guangdong Province issued several policy measures to promote the innovative development of the artificial intelligence and robotics industries in Guangdong Province. It mentioned supporting key core technology breakthroughs. Enterprises, universities, research institutes, and other innovative entities are encouraged to conduct joint efforts, forming industrial innovation alliances covering the upstream and downstream of the artificial intelligence and robotics industry chain to accelerate the construction of an end-to-end innovation chain. The province will organize and implement flagship projects and major initiatives under the provincial key R&D program, such as "Next-Generation Artificial Intelligence" and "Intelligent Robots," deploying a series of tasks for breakthroughs in the artificial intelligence and robotics fields. For key projects in the artificial intelligence and robotics sectors that align with national science and technology major projects and meet provincial matching criteria, the provincial finance will provide matching rewards according to regulations. Projects with provincial matching funds exceeding 100 million yuan (inclusive) will be supported through a "case-by-case" approach. An innovation center for manufacturing in the artificial intelligence and robotics sectors will be established, and qualified national and provincial manufacturing innovation centers will receive financial support of up to 50 million yuan and 10 million yuan respectively from the provincial finance.
18
Pilot Program for Medical Service Price Reform in Zhejiang Province Announced
Recently, eight departments including the Zhejiang Provincial Medical Security Bureau, Zhejiang Provincial Health Commission, Zhejiang Provincial Development and Reform Commission, and Zhejiang Provincial Department of Finance jointly issued a notice regarding the issuance of the "Zhejiang Province Deepening Medical Service Price Reform Pilot Implementation Plan." The core measures and highlights of the "Zhejiang Province Deepening Medical Service Price Reform Pilot Implementation Plan" are mainly reflected in the following aspects: establishing a sustainable total price management control mechanism, optimizing price project management, forming categorized pricing mechanisms, establishing a sensitive and measured dynamic price adjustment mechanism, strengthening comprehensive price governance, improving the price management support system, and promoting the coordinated supporting reform of the three medicals.
19
Future Science City"Life Valley" Launches Innovation Consortium
Recently, the 2025 Life Valley Synthetic Biology Manufacturing Innovation Seminar was held in Beijing's Changping Future Science City. At the seminar, the Collagen-Based Biomaterials Innovation Consortium was officially launched. The consortium, established by Chang Development in collaboration with the Institute of Process Engineering of the Chinese Academy of Sciences (CAS), universities, and over 20 industry-leading enterprises, brings together more than 20 experts in related fields. It has achieved breakthroughs in more than 10 key technologies, such as collagen self-assembly, leading fundamental and cutting-edge research in collagen protein technology. Additionally, Chang Development has partnered with the Institute of Process Engineering of CAS to establish a biomedical manufacturing innovation platform within the Synthetic Biology Manufacturing Acceleration Center. This platform focuses on critical aspects of the technical chain, including the R&D of biomaterials for medical use, product formulation, and efficacy evaluation, providing key technical support such as third-party testing, pilot-scale trials, animal experiments, and product registration, thereby creating an end-to-end service chain for biomaterials in medical applications.

20
China's National Healthcare Security Administration Issues the "Pilot Guidelines for the Establishment of Medical Service Price Items for Cardiovascular System Services"
Recently, according to the information from the National Healthcare Security Administration, the National Healthcare Security Administration has compiled and issued the "Guidelines for the Establishment of Medical Service Price Items for Cardiovascular System (Trial)", for reference.The 2023 edition of the technical specifications for medical service items integrates and maps the current price items and technical specification items for the cardiovascular system into 129 main price items, 53 additional charge items, and 25 extended items. The next step will be to guide the medical insurance bureaus of each province to refer to these, align with actual conditions for implementation, and formulate a unified provincial price benchmark. Regions with price management authority will determine the actual price levels by comparing against the provincial price benchmark, allowing for upward or downward adjustments.
21
Nanjing Finance Bureau Further Restricts the Procurement of Imported Medical Equipment
Recently, in order to further standardize the management of government procurement of imported products and support policies favoring domestically produced products, the Nanjing Municipal Finance Bureau issued the "Notice on Strengthening the Management of Government Procurement of Imported Products." First, the Notice requires strengthening the management of demand for the procurement of imported products. For cases where imported products are indeed necessary, the procuring entity should conduct thorough market research to assess the necessity of purchasing the intended imported products, review and refer to the procurement results of similar projects within China and the province, and evaluate whether the technical parameters, price, and performance of domestically produced products meet work requirements. Moreover, for single procurements of imported products exceeding 10 million yuan, market research must be organized to determine if there are domestic agents for the intended products, whether they involve proprietary consumables or exclusive maintenance services, and avoid situations of "low-cost procurement with high-cost maintenance."
22
Changsha Medical Device Special Session Matchmaking Conference Held
Recently, the 2025 Hunan Industrial Belt on Platform Event Changsha Station and Medical Device Special Session Matchmaking Conference was held in Changsha. Over 100 participants from key industrial belt enterprises, cross-border e-commerce platforms, and industry association representatives gathered to discuss how Changsha's medical device industrial belt can "break the waves and sail far" through cross-border e-commerce platforms. According to incomplete statistics, there are currently more than 5,000 companies in Changsha engaged in cross-border e-commerce related businesses. A total of nine cross-border e-commerce industrial parks, three incubation centers, and eleven talent incubation bases have been established, creating a complete development chain and forming an industrial ecosystem of "one core, multiple points, and full regional linkage." At the event, relevant officials from the Changsha Medical Device Industry Go-Global Alliance analyzed how industrial products can leverage cross-border e-commerce brands to expand overseas. The head of Amazon Global Selling Business Purchasing stated that the global medical device market size will continue to grow, with current popular product categories including home medical devices and home test kits.

Note: The information in this article is compiled based on online news.

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