Forerunner signed a strategic cooperation agreement with Medtronic KangHui

In the national "14th Five-Year plan", new requirements for the Department of orthopedics's high quality development were put forward. Meanwhile, with the acceleration of the aging society in China, the incidence rate of spinal diseases increased year by year, and China will become the world's largest market. Medtronic Kanghui orthopedics group, a global medical giant, and Forerunner Medical group will work together to promote regional orthopedic capacity-building, promote the sinking of high-quality medical resources and benefit a wide range of patients.
(Shanghai, China) on November 15, Forerunner Medical Group signed a strategic cooperation agreement with Medtronic Kanghui orthopedic group. Based on the recognition of a series of products such as plasma RF system (foremed 360) and bipolar RF electrode independently developed and produced by Medtronic Kanghui medical group, Forerunner Medical group joined hands to integrate the advantageous resources of both sides, China's market share and cooperation in some parts of the Chinese mainland will be achieved, and the Department of orthopedics ecosystem in China will be built to help the quality medical service resources sink and provide more advanced and safer minimally invasive spinal surgery solutions for patients.

Signing representative (from right to left):
Sales director of spine, ear, nose and throat Business Department of Forerunner Medical operation：Ning Meng Wu
Medtronic Kanghui China National Sales Manager：Han Jie

Witness (from right to left):

Assistant to the chairman of Forerunner Medical group：Lin Yi Huang
General manager of Shanghai Zhangjiang Medical Device Industry Development Co., Ltd：Lou Qi
Founder and chairman of Forerunner Medical group：Qin Jay
Senior vice president of Medtronic worldwide and President of Greater China：Alex Gu
Vice president of Medtronic and general manager of Medtronic China orthopedics and Shenwai business：Yu Jing
Senior director of Medtronic Kanghui China business department：Cheng Peng Luan
General manager assistant of Xiamen Jianfa Medical Health Investment Co., Ltd：Lv Jian

Founded in 2009, Forerunner Medical is located in Zhangjiang medical device industry base of Shanghai Zhangjiang Science City. It is one of the few domestic innovative platform technology enterprises with two core technologies of plasma ablation and RF ablation. Focusing on two core technologies and in-depth layout, the company has formed technical solutions and sales platforms in the fields of sports medicine, spine, ear, nose and throat, tumor intervention and so on. Over the past decade, the company has built a diversified independent product line according to diversified clinical needs, and has obtained more than 10 National Drug Administration (nmpa) registration certificates in the field of minimally invasive ablation, Its low-temperature plasma therapy and radiofrequency therapy system is significantly ahead of other competitors, making the company a representative brand of local medical devices with international competitive strength.

The foremed 360 plasma RF system independently developed and produced by Fangrun group can perform operations such as vaporization, ablation, shrinkage and hemostasis of soft tissue in clinical minimally invasive spine surgery. It has little damage to the tissue and little impact on the stability of the spine, so as to achieve real minimally invasive and safety. This strategic cooperation is precisely due to the common clinical exploration and market layout in the field of high-end medical devices in orthopedics.
Medtronic Department of orthopedics group Kang Hui has approved the development and production management capabilities of the high standard and high quality system that has been developed over the past 10 years in China over the past over the past more than a century, and has made full use of Medtronic's global resources to bring home innovation advantages into play, helping Kang Hui's market coverage and penetration of plasma RF systems. Promote the popularization of advanced techniques.
Medtronic, a world-famous medical device giant, entered the Chinese market in the late 1980s and paid attention to the cultivation of innovation ecology of China's high-end medical device industry. In recent years, Medtronic has brought the latest technology products to China, and has paid more attention to working with China's local partners to bring China's clinical discovery to the world, and to benefit more China and the world. As an early investor of Forerunner Medical, Medtronic China fund was optimistic about the development of Forerunner Medical in 2016, actively participated in the a + round of financing of Forerunner Medical, and constantly explored more far-reaching cooperation between the two sides.
Spine field is one of the three pillars of Medtronic Kanghui's business, and has a deep market foundation and channel resources in China. This time, the cooperation with Fang run will form a synergistic spillover effect with Kanghui's current spine implant business, create a local high-end and cost-effective intelligent solution, and help Kanghui realize the localized survial synergy intelligent orthopaedic integration system.
At the signing ceremony, Qin Jie, Gu yushao, Yu Jing and Luan Chengpeng successively delivered speeches, introduced the areas of cooperation between the two sides and expressed the expectation of strategic cooperation between the two sides.

Mr. Qin Jay, founder / Chairman of Forerunner Medical, said: 
"This cooperation is not only a co construction of industrial ecology, but also an innovative open exploration and integrated development. As a medical innovation enterprise based in China and facing the world, Forerunner Medical has been moving forward with the goal of becoming a" platform enterprise with the strongest active device technology and the most complete overall solution in the field of sports medicine in China ". In the future, we will continue to devote ourselves to The development of independent innovative products will work with more partners committed to building an ecosystem of China's innovative medical device industry to build a close strategic partnership and contribute to health care in China and even the world. "

Yu Jing, vice president of Medtronic / general manager of Medtronic China orthopedics and Shenwai business, said:
""This strategic cooperation is a cross brand cooperation of Medtronic Kanghui in the field of orthopaedic equipment. It is also an important step for Medtronic to promote the comprehensive layout of China's orthopaedic market after the fourth China International Fair. It will help Kanghui transform its strategy and become a comprehensive expert in orthopaedic professional solutions. We look forward to working with more partners to accelerate the solution of more advanced medical technologies The implementation and popularization of the solutions will help solve the key challenges in China's medical field and jointly create a healthy China. "

Luan Chengpeng, senior director of Medtronic Kanghui China business department, said:
""The spine field is one of the three pillar businesses of Medtronic Kanghui, which has a deep market foundation and channel resources in China. The cooperation with Forerunner Medical will form a synergistic spillover effect with Kanghui's current spine implant business, strengthen Kanghui's ability to integrate solutions in the spine field and help survial synergy ? Local implementation of orthopaedic intelligent integration scheme. "

Photos of the meeting site：