Acotec’s Jingyi Balloon Catheter Wins NMPA Approval for Complex Coronary Lesions

Acotec's Jingyi Balloon Catheter Wins NMPA Approval for Complex Coronary Lesions

Acotec Scientific Holdings Limited (HKG: 6669) announced that China’s National Medical Products Administration (NMPA) has approved its Jingyi Coronary Over‑the‑Wire (OTW) Balloon Dilatation Catheter, a semi‑compliant device engineered for chronic total occlusion (CTO) and severely calcified lesions, marking Acotec’s entry into the premium complex PCI segment.

Regulatory Milestone

ItemDetail
ProductJingyi Coronary Over‑the‑Wire Balloon Dilatation Catheter
CompanyAcotec Scientific Holdings (HKG: 6669)
AgencyNMPA (China)
Approval TypeRegistration approval
IndicationsDilating coronary artery/bypass graft stenosis; post‑stent dilation (2.0‑5.0 mm balloons)
Key FeaturesSemi‑compliant, OTW design, optimized crossability/pushability
Target LesionsCTO, severe calcification
Commercial LaunchExpected Q1 2026

Product Profile

  • Design: Semi‑compliant balloon with smaller distal tip profile and tighter folding profile for enhanced lesion crossing
  • Delivery System: Optimized catheter construction provides superior pushability in tortuous anatomy
  • OTW Configuration: Over‑the‑Wire design improves procedural efficiency and safety by enabling rapid wire exchanges and stable guidewire position
  • Size Range: Balloon diameters 2.0‑5.0 mm cover both focal lesions and post‑stent optimization
  • Clinical Gap: Addresses unmet need for reliable CTO and calcified lesion dilation where standard balloons fail in 15‑20% of cases

Market Context & Outlook

MetricValue
China PCI Procedures (2024)2.1 million
Complex Lesion Share~15% (315,000 procedures)
Premium Balloon Market Size¥4.5 billion (US$620 million)
Growth Rate12% CAGR (2024‑2030)
Jingyi ASP¥8,000‑12,000 per unit (premium vs. ¥3,000‑5,000 standard)
Revenue Forecast (Peak)¥500‑700 million (US$70‑95 million) by 2028
Market Share Target10‑15% of complex lesion segment
  • Competitive Landscape: Dominated by Boston Scientific (Emerge, NC), Medtronic (Marathon), and Abbott (Hi‑Torque) in complex lesions; domestic players MicroPort and Lepu focus on basic balloons
  • Differentiation: Jingyi’s OTW platform offers comparable performance to market leaders at 20‑30% lower price, appealing to tier‑2/3 hospitals expanding PCI capabilities
  • Strategic Value: Elevates Acotec from basic interventional portfolio to premium complex lesion solutions, supporting average selling price (ASP) uplift across product mix
  • Reimbursement Path: Likely classified under existing balloon dilation catheter reimbursement codes; no additional price negotiations required

Forward‑Looking Statements
This brief contains forward‑looking statements regarding Jingyi’s commercial launch timeline, market penetration, and revenue contribution. Actual results may differ materially due to risks including competitive responses, hospital procurement cycles, and physician adoption rates.-Fineline Info & Tech