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Kinetic Medical

acquired
Post-IPO Round
Medical Device R&D, Production, and Sales Company

Basic Information

Shanghai Kinetic Medical Co., Ltd. is a high-end medical device group that integrates the research and development, production, and sales of medical devices. It was founded in 2005 at the Torch Park in Zhangjiang, Pudong, Shanghai. From its inception, the company has been committed to providing high-quality clinical treatment solutions for patients with vertebral compression fractures caused by osteoporosis. Through continuous efforts, Kinetic Medical became the first in China to achieve the domestic production of compliant vertebral expansion balloon catheters, filling a domestic void at the time, breaking the technological monopoly of multinational companies, and significantly reducing product prices, benefiting many patients in China. Since its establishment, Kinetic Medical has maintained rapid growth, with products covering more than 1,000 secondary-level hospitals and above in China. In just a few years, its main products have captured half of the domestic market, making it a leader in this niche field. The company’s products have successively won titles such as "National Key New Product," "Shanghai Key New Product," "Shanghai Independent Innovation Product," "Shanghai Patent New Product," and honors like the Ministry of Science and Technology's "Innovation Fund for Small and Medium-sized Technology Enterprises," "Shanghai Science and Technology Progress Award," and the "Silver Award of the 19th China International Industry Fair." In 2017, Kinetic Medical was recognized by the Shanghai Municipal Commission of Economy and Informatization as a municipal enterprise technology center. In 2018, it was designated by the Shanghai Municipal Commission of Commerce as a multinational company research and development center, and in 2019, it was identified by the Ministry of Industry and Information Technology as a "specialized, refined, unique, and innovative" small giant enterprise. Meanwhile, the products have gradually obtained EU CE certification, U.S. FDA 510K certification, and Japan’s Ministry of Health certification. With their solid quality, they have gone beyond China’s borders and are now used in clinical applications in many developed countries including Europe and America, achieving large-scale sales. In June 2012, Kinetic Medical successfully listed on the ChiNext board of the Shenzhen Stock Exchange (stock code: 300326), becoming the first orthopedic medical device company to be listed on China’s A-share market. After going public, capital operations gained the support of market leverage. By combining internal growth with external mergers and acquisitions, Kinetic Medical entered its second phase of rapid development. Relying on its continuously strengthened R&D team, the company aims at trends in the high-end medical device field, adheres to rolling product development, and has gradually achieved a shift from technological follower to technological innovator and leader. At the same time, the company completed two high-quality merger and acquisition integrations, further enhancing its market position and brand influence in China’s medical device industry. In 2018, Kinetic Medical acquired the American orthopedic equipment company Elliquence, LLC, enabling the company to expand into new business segments in the orthopedic equipment field and integrate with its existing orthopedic industry, complementing each other and achieving a comprehensive layout in the orthopedic field. Currently, the company’s product lines cover orthopedic spine, joints, trauma, sports medicine, and ENT fields, with over 60 types of products, offering a complete range and wide coverage, realizing the transformation and upgrading from a traditional medical device company to a diversified high-end medical consumables platform group. In 2020, the company acquired and took control of Guoyao Jienuo Medical Service Co., Ltd., adding a standardized industrialized and scaled sterile item supply service platform. While ensuring the quality of medical sterilization, it helps hospitals reduce operating costs and improve the efficiency of medical resource allocation within regions. After more than ten years of accumulation, the company has now built ten mature technical platforms, covering areas such as polymer balloons, metal implant processing, active radio frequency equipment, and consumables. These R&D platforms will serve as a strong technical reserve for the company, laying a solid foundation for promoting Kinetic Medical's technological development, enhancing core competitiveness, and achieving the strategic goal of rejuvenating the company through science and technology.
Shanghai Kinetic Medical Co., Ltd.
Shanghai,China
more than 500 people
March 31, 2005
kmc@shkmc.com.cn