China-based Contract Development Manufacturing Organization (CDMO) MDHC Life Technologies (Kunshan) Co.,Ltd has reportedly raised hundreds of millions of renminbi in a Series C++ financing round, led by FUN WAY AMC. The proceeds from this funding will be directed towards the development and operation of the company’s consumer healthcare and life sciences pipelines.
Company Background and Business Expansion
Founded in 2017, MDHC Life Technologies has established itself as a large-scale commercialized provider of minimally invasive surgical instruments in the CDMO business. The company has also expanded its business scope into the in vitro diagnostic (IVD) sector and the broader field of life sciences. This expansion demonstrates MDHC’s commitment to diversifying its offerings and enhancing its presence in the healthcare industry.
Comprehensive Surgical Device Offerings
MDHC Life Technologies’ surgery device portfolio is comprehensive, covering endoscopic products, energy products, open products, hemostatic products, channel products, anorectal products, and general surgical products. This wide range of products positions the company as a significant player in the minimally invasive surgical instrument market, catering to diverse medical needs.-Fineline Info & Tech