26.7 C
Vientiane
Friday, August 29, 2025
spot_img
Home Blog Page 1016

Senior Vice President at United Imaging Inducted to the AIMBE College of Fellows

HOUSTON, April 1, 2025 /PRNewswire/ — United Imaging, a global manufacturer of modern medical imaging technology, is proud to announce that Lingzhi (Lance) Hu, Ph.D., Senior Vice President and Chief Technology Officer of United Imaging Research at United Imaging, has been inducted into the 2025 Class of the AIMBE College of Fellows.

Election to the AIMBE College of Fellows is among the highest professional distinctions afforded to medical and biological engineers, comprised of the top two percent of engineers in these fields.

College membership honors those who have made outstanding contributions to “engineering and medicine research, practice, or education” and to “the pioneering of new and developing fields of technology, making major advancements in traditional fields of medical and biological engineering or developing/implementing innovative approaches to bioengineering education,” according to AIMBE. AIMBE’s mission is to recognize excellence, advance public understanding, and accelerate medical and biological innovation.

Dr. Hu was nominated, reviewed, and elected by peers and members of the College of Fellows “for pioneering innovations in PET/MR instrumentation, non-contact motion monitoring and correction, and significant advancements in medical imaging research.”

A formal induction ceremony was held during the AIMBE Annual Event at the Renaissance Arlington Capital View Hotel in Arlington, Virginia on March 31, 2025. Dr. Hu was inducted along with 171 colleagues who make up the AIMBE College of Fellows Class of 2025.

In his role at United Imaging, Dr. Hu leads prospective research in medical imaging and therapy including new biomedical sensor development, multimodality imaging technology, and imaging guided therapy systems. He is also responsible for overseeing global scientific collaborations between United Imaging and academic partners.

ABOUT UNITED IMAGING

At United Imaging, we develop and produce advanced medical products, digital healthcare solutions, and intelligent solutions that cover the entire process of imaging diagnosis and treatment. Founded in 2011, our company has subsidiaries and R&D centers across the world. Our North American headquarters in Houston includes our corporate offices, factory, product showroom, service training center, and service parts distribution center. With a cutting-edge digital portfolio and a mission of Equal Healthcare for All™, we help drive industry progress and bold change.

 

RoboSense Releases 2024 Annual Results: Leading LiDAR Market Share and Paving the Way for AI Robotics Growth

Financial Summary

  • Annual revenue of approximately RMB 1.65 billion, representing a YOY growth of 47.2%.
  • LiDAR sales volume reached approximately 544,200 units, up by about 109.6% YOY.
  • Full-year gross margin at 17.2%, an increase of 8.8 percentage points compared to the previous year, with Q4 gross margin reaching approximately 22.1%.
  • Adjusted net loss narrowed to approximately RMB 396 million, a decrease of about 8.9% YOY.
  • Total R&D investment reached approximately RMB 620 million, with around RMB 250 million allocated to innovative businesses such as AI robotics.

HONG KONG, April 1, 2025 /PRNewswire/ — RoboSense Technology Co., Ltd. (“RoboSense” or the “Company”; Stock Code: 2498.HK), a pioneering AI-driven robotics technology company, announced its audited financial results for 2024, covering the Company and its subsidiaries (collectively, the “Group”).

Amid the rapid proliferation of intelligent driving and the booming robotics industry, the Group achieved strong business growth. In 2024, total revenue reached approximately RMB 1.65 billion, representing a YOY increase of 47.2%, marking three consecutive years of high growth. Total LiDAR sales of approximately 544,000 units, an increase of 109.6% YOY. Driven by improved lean management and operational efficiency, the Group significantly reduced overall losses and enhanced profitability. The overall gross margin for 2024 was approximately 17.2%, with Q4 gross margin reaching 22.1%. The adjusted net loss decreased by 8.9% YOY to RMB 396 million.

During the earnings call, Mark Qiu, CEO of RoboSense, shared insights into the Group’s achievements in LiDAR for ADAS, Robotaxi, and robotics, as well as the latest progress in its embodied intelligence innovation business. In LiDAR, the Group ranked No.1 in L2+ automotive installations and saw rapid growth in L3/L4 autonomy and robotics—including industrial warehousing, commercial operations, and consumer intelligence—while securing multiple production nominations. Notably, in Robotaxi and unmanned delivery, the Group secured more key industry clients, demonstrating a strong market advantage. In embodied intelligence, the Group has defined its strategy and advanced technologies in areas like robotic vision and dexterous hands, gaining a strong technical edge. It has formed strategic partnerships with over 10 global humanoid robotics companies, including Unitree, to explore innovative commercialization models.

Financial Highlights

Total revenue reached RMB 1.65 billion in 2024, a YOY increase of approximately 47.2%, with revenue from LiDAR for ADAS applications reaching RMB 1.34 billion, up approximately 71.8% YOY.

With business expansion and improved efficiency, gross profit reached RMB 280 million, with a 17.2% margin — an 8.8 percentage points increase from 2023. The margin improved each quarter, rising from 12.3% in Q1 to 22.1% in Q4. LiDAR for ADAS saw a major turnaround, shifting from a 5.9% loss in 2023 to a 13.4% profit margin in 2024.

In terms of profit and loss, the Group’s overall loss narrowed significantly, with an adjusted net loss of approximately RMB 396 million in 2024, representing a decrease of about 8.9% compared to the previous year.

To drive future growth, RoboSense increased R&D spending to around RMB 620 million in 2024. Of this, approximately RMB 250 million (41.0% of total R&D expenses) was invested in innovative businesses, mainly focusing on robotics and AI, including robotic platforms and core components, ensuring long-term sustainable growth.

Business Highlights

In 2024, the Group’s LiDAR sales reached approximately 544,000 units, a 109.6% YOY increase, with 519,800 units for ADAS applications, reflecting a 113.9% YOY growth.

No. 1 Market Share in Global Automotive LiDAR

In the ADAS market, the adoption of L2+ advanced driver assistance systems has accelerated. Over 10 vehicle models in the RMB 150,000–200,000 range have been mass-produced and launched with RoboSense LiDAR. Additionally, in January, RoboSense launched the world’s first “thousand-beam” long-range digital LiDAR, EM4, which has already secured multiple nominations for mass production from both domestic OEMs and overseas leading emerging automotive manufacturers.

According to Gasgoo Research Institute’s 2024 LiDAR supplier rankings, RoboSense held a 33.5% market share, ranking No.1 in global automotive LiDAR installations. In February 2025, RoboSense achieved a significant milestone by rolling off its 1-millionth LiDAR unit, E1R, becoming the first Group globally to deliver 1 million high-resolution LiDAR units. From January to March 2025, RoboSense supported 15 partnered vehicle models in achieving large-scale mass production, including GAC Toyota Bozhi 3X, Trumpchi S7, and Geely Galaxy E8.

RoboSense has achieved remarkable success in overseas markets. In 2024, the Group secured a total of 8 overseas and Sino-foreign joint venture brand partnerships, including a new top-tier Sino-American joint venture automaker and all three of Japan’s top automakers, covering major automotive markets in Europe, North America, and Asia-Pacific.

Secured Multiple Core Leading Enterprises in L4

RoboSense’s stable, reliable, and high-performance automotive-grade LiDAR products strongly support the large-scale commercial application of Robotaxi. The Group has already secured mass production contracts with several global leading L4 autonomous driving companies. In the Robotaxi and Robotruck sectors, RoboSense has established partnerships with most core industry leaders, six of which have already signed formal mass production agreements, including Pony.ai, WeRide, and top L4 autonomous driving companies in Silicon Valley, North America.

Preferred Partner for Leading Clients in Multiple Sectors

In industries such as industrial warehousing, commercial operations, and consumer intelligence, RoboSense has secured numerous contracts with top global clients. The Group has established bulk production partnerships with European and North American companies in industrial warehousing and has also captured a significant share of the unmanned delivery market. As of December 31, 2024, RoboSense has provided products and services to over 2,800 clients in robotics and related industries worldwide. In 2025, the Group accelerated collaboration with emerging robotics industry partners, forming strategic partnerships with companies such as Coco Robotics, Rhino Robotics, Kua Robotics, EasyGo Smart Driving, New Stone Robotics, and LionsBot, empowering the large-scale commercial application of robotics.

Momentum in Embodied Intelligence Industry and Ecological Niche Advantage

In the field of embodied intelligence, the Group has made significant progress with its long-term technological investments, developing incremental components and solutions like robotic vision and dexterous hands, establishing a strong ecological advantage.

In March 2025, the Group launched its first Active Camera AC1, which integrates depth, image, and motion data with hardware-level fusion. It also offers development tools and open-source algorithms through its AI-Ready ecosystem. In January, the Group released the second-generation dexterous hand, Papert 2.0, and a new digital LiDAR series, advancing the application of embodied intelligent robots.

The Group has formed strategic partnerships with over 10 humanoid robotics companies globally, including Unitree, Humanoid Robotics (Shanghai) Co., Ltd., and other well-known international companies.

With its technological achievements and investment in innovative businesses, the Group has been included in the core industry map for humanoid robots by renowned investment research institutions such as Morgan Stanley and Goldman Sachs.

Leading LiDAR into the Digital Era with First-Place Patent Rankings

RoboSense has made significant progress in chips, hardware, and AI, establishing a strong global patent system. At the end of 2024, the Group led the industry with 641 published patents in the “China’s Top 15 Innovators in LiDAR Patent Disclosure for Intelligent Connected Vehicles” list. It also won the “China Excellence Patent Award” for breakthroughs in AI fusion perception algorithms. This is also the industry’s first nationally recognized patent award for AI algorithm-driven advancements in environmental perception.

In 2024, RoboSense became the first to mass-produce a series of digital LiDARs, leveraging its self-developed SPAD-SoC chip and digital signal processing architecture, achieving breakthroughs in resolution and accuracy. The Group leads in chip integration across key LiDAR system modules, including the MEMS scanning system, VCSEL array, SPAD array, and LiDAR-specific SoC.

Performance Outlook

Looking ahead, RoboSense will leverage its technological leadership in full-stack chip integration and diversified product matrix in the LiDAR field to develop product applications targeting emerging industry trends and more application scenarios, unlocking new growth opportunities. The Group will continue investing in embodied intelligence to establish its second growth curve, advancing towards its vision of becoming a global leader in robotic technology platforms.

To download the 2024 Annual Results, please visit: https://file-view.comein.cn/onlinePreview?url=aHR0cHM6Ly9tZWRpYS5jb21laW4uY24vY29tZWluLWZpbGVzL3BkZi8yMDI1LTAzLTMxLzk0Y2EwMzJkYTkwMjQyYzA4MzIyM2M3NmFhZWJmNjFmL2QxMWI1ZDI5OThjNzQ0MjI5ODViMTVlM2FjNzAzYzI0LlBERg%3D%3D&officePreviewSwitchDisabled=true&officePreviewType=pdf&watermarkTxt= 

About RoboSense

RoboSense (2498.HK), founded in 2014, is an AI-driven robotic technology company that supplies advanced and reliable incremental components and solutions for the robotic industry. The company is committed to “become a global leader in robotic technology platforms,” and its mission is “Safer world, Smarter life.” For more information about RoboSense, visit https://www.robosense.ai

PioCreat Launches HALOT-X1 on Kickstarter: A Game-Changer for Resin 3D Printing

SHENZHEN, China, April 1, 2025 /PRNewswire/ — PioCreat, an independent subsidiary of Creality, announces the official launch of the HALOT-X1 16K Intelligent Exposure resin 3D Printer on Kickstarter, starting April 1st, 2025, at 9:00 AM ET. 

HALOT-X1 & AFU
HALOT-X1 & AFU

Early bird pricing starts at $399. The latest HALOT-X1 introduces user-centric innovations to lower the barrier for resin 3D printing. With True Leveling-Free design, Quick-Release Build Plate, and an integrated AFU resin management system, it streamlines the printing process while delivering professional-grade results.

Key Features of HALOT-X1

True Leveling-Free Design: A fixed build plate is pre-leveled for printing straight out of the box—no time-consuming calibration.

New Motion Structure:  A revolutionary design where the light source module and resin vat move top-down, while the build plate remains stationary for enhanced stability and fewer layer lines.

Quick-Release Build Plate: A twist-to-release mechanism that pushes prints off, preventing model damage from scraping.

92 Light Zones Intelligent Exposure: Activates light only where needed, working with the intelligent layout software to optimize model layout area, reducing overexposure and extending LCD lifespan

Professional-Grade Accuracy: A 10.1-inch 16K mono LCD with a highly collimated honeycomb matrix light source (6000 µW/cm²) delivers stunning detail and clarity, while supporting a 211.68 × 118.37 × 200 mm build volume for versatile printing.

Intelligent AFU Resin Management System: Supports automatic resin feeding, recycling, RFID identification, heating, and weight detection, reducing user intervention. Heats resin to 30–45℃ in 3 minutes with adjustable temperature, lowering viscosity and improving print quality in cold environments.

One-Click Printing: One-Click to start printing with cloud-based parameter packages for official resins, eliminating tedious manual setup.

Exclusive Kickstarter Discounts and Rewards

Early Bird Price: $399 (limited to 100 units)
Kickstarter Edition: $459 (Standard HALOT-X1 printer)
Kickstarter Bundle: $519 (Includes HALOT-X1 + AFU Resin Management System)

Bonus: All early backers get a FREE 3-month CHITUBOX Pro license! Be among the first to experience this groundbreaking 3D printer—don’t miss out!

For more information about the HALOT-X, please visit the HALOT-X1 Kickstarter page. You can also stay up to date with PioCreat through its website or follow them on FacebookInstagramXYouTube and LinkedIn.

About PioCreat 3D

Founded in 2015, PioCreat is a global leader in consumer and industrial 3D printing and a wholly owned subsidiary of Creality Group. Established by Creality co-founder Fred Liu, it specializes in the research, development, and production of cutting-edge 3D printers, software, and materials.

TUMI UNVEILS NEW 19 DEGREE LITE WITH “UNCOMPROMISINGLY LIGHT” CAMPAIGN

The brand debuts part one of a multichapter campaign to celebrate TUMI’s lightest hardside collection to date

NEW YORK, April 1, 2025 /PRNewswire/ — Today, international travel and lifestyle brand TUMI introduces 19 Degree Lite, the latest—and lightest—addition to the world of 19 Degree. To celebrate the all-new collection, German-raised Fashion Entrepreneur & Creative Xenia Adonts stars in the first chapter of the campaign, with chapter two starring Global Ambassador Lando Norris to follow later this spring.

Xenia Adonts with a 19 Degree Lite International 4 Wheeled Carry-On UPDATE TO: Xenia Adonts with our 19 Degree Lite International 3 Wheeled Carry-On.
Xenia Adonts with the 19 Degree Lite International 4 Wheeled Carry-On

The 19 Degree Lite collection reimagines hardside for the lighter—rebuilding TUMI’s icon from the bottom up with revolutionary lightweight materials and details. Every element—from its highly resilient Tegris® construction to unique features like the low-density magnesium telescoping handle—was considered, tested and selected for lighter journeys. The globally assorted collection includes four sizes available in three core colors: Blush, Titanium Grey, Black Graphite, and two seasonal colors: Amber and Cobalt.

To introduce the collection, TUMI tapped Xenia Adonts for her first-ever global brand campaign. Directed by Keane Pearce Shaw and photographed by Emma Summerton, the campaign channels the feeling of lightness that comes with carrying the 19 Degree Lite collection. The campaign follows Xenia as she travels through the hustle and bustle of Mexico City with her 19 Degree Lite by her side. Together, they navigate the busy streets with a fluidity of movement that spotlights the freedom and effortlessness that only 19 Degree Lite can deliver.

“19 Degree Lite was born out of our deep understanding of how TUMI customers travel—and our passion for perfecting their journeys,” said Creative Director Victor Sanz. “Every component was carefully considered, tested and selected for lighter journeys without compromising quality or performance. The result of this meticulous design is an effortlessly lightweight collection that allows our customers to move through the world with even greater ease.”

The all-new collection ranges in price from $795$995 USD. The 19 Degree Lite collection is available in TUMI stores worldwide and at TUMI.com. Stay tuned for exclusive behind-the-scenes content from the campaign on @TUMITravel social channels.

About TUMI
Since 1975, TUMI has been creating world-class business, travel, and performance luxury essentials, designed to upgrade, uncomplicate and beautify all aspects of life on the move. Blending flawless functionality with a spirit of ingenuity, we’re committed to empowering journeys as a lifelong partner to movers and makers in pursuit of their passions. For more about TUMI, visit TUMI.com and follow on Instagram, TikTok, Facebook, and YouTube.

TUMI and TUMI logo are registered trademarks of Tumi, Inc. © 2025 Tumi, Inc.

TUMI Media Contacts

Jerad Hulsejerad.hulse@tumi.com

 

Global Brand Ambassador, Lando Norris, with our 19 Degree Lite International 3 Wheeled Carry-On.
Global Brand Ambassador, Lando Norris, with our 19 Degree Lite International 3 Wheeled Carry-On.

 

 

NYSE Content advisory: Pre-Market Update + Newsmax Shares Pop 735% in NYSE Debut

NEW YORK, April 1, 2025 /PRNewswire/ — The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights before trading begins.

 

Pre-Market Update + Newsmax Shares Pop 735% in NYSE Debut

Kristen Scholer delivers the pre-market update on April 1st

  • The S&P turned losses earlier in yesterday’s session into gains by the market close to round out the first quarter of 2025.  
  • The markets prepare for the first day of the second quarter on the eve of what President Trump has called Liberation Day with more levies set to take effect on April 2.
  • Newsmax (NYSE:NMAX), which debuted yesterday on the New York Stock Exchange, closed up 735 percent on its IPO day.

Watch NYSE TV Live every weekday 9:00-10:00am ET 

Video – https://mma.prnasia.com/media2/2655185/NYSE_Market_Update_April_1.mp4 

 

SANY Set to Unveil Intelligent, Green, and Efficient Future of Construction Machinery at Bauma 2025

MUNICH, April 1, 2025 /PRNewswire/ — The bauma 2025, the world’s premier trade fair for the construction machinery industry, will open on April 7th with the theme “Be part of it-Experience innovation, power, and heartbeat moments”, focusing on carbon neutrality and intelligent construction solutions to guide the industry towards a smart and green transformation.

Welcome to the World of Efficiency
Welcome to the World of Efficiency

SANY Group, a leader in the construction machinery industry, will showcase its high-quality, efficient, and sustainable solutions under the theme “The World of Efficiency – Your Partner to Create the Best”. With 35 products on display, including 19 new models and 11 electrified products, SANY will highlight its commitment to electrification and adaptability to the European market. SANY Group (booth number FN619, 3152 sqm) will exhibit alongside Putzmeister (booth number B6.100, 2500 sqm) at bauma 2025, totaling a record-setting 5652 square meter booth area. Attendees can expect global debuts, CE certified products, and innovative solutions designed for global customers.

Pioneering Electrification and Diverse Offerings for the European Market

The booth will unveil 11 electric devices for the first time in Europe, including SANY’s largest tonnage pure electric crawler crane SCC2000A-EV, the industry’s first 5-ton all-electric roller STR50E, and the European-adapted electric milling machine SCM500E-10, comprehensively showcasing its leading position in electrification.

Moreover, SANY will also showcase six excavators equipped with dual arms/extended arms and exclusive attachments, including the first 1-ton micro excavator SY10U, the Euro V emission-compliant 3.5-ton short tail model SY26C, and the 15-ton short tail excavator SY155U. Additionally, SANY’s first compact electric 6-meter telescopic arm forklift STH625E designed for Europe and the 40-ton material handler developed for the European material handling market will be presented, meeting the diverse needs of the European market.

Enhancing Interactive Experiences with Technological Immersion

At the SANY booth, visitors will also encounter meticulously crafted technological exhibits, showcasing SANY’s comprehensive capabilities in digital operations.

Experience two standout interactive features in digital control:

  • “Remote Control Over Thousands of Miles” enables remote operation of unmanned mining excavators from Munich to Huzhou, China, setting a new distance record for SANY;
  • “Construction Simulation Game” provides visitors with a hands-on experience of the Construction Simulator 3 game, seamlessly integrating SANY equipment control with gaming.

Additionally, SANY will showcase a focused selection of parts and services, including 18 components such as hydraulic parts and wearing parts, offering attendees a comprehensive look at SANY’s capabilities in parts supply and service support.

With innovative products, cutting-edge technology, and exceptional service, SANY will comprehensively demonstrate its formidable strength and unlimited potential in the field of construction machinery. Visitors from around the globe are invited to explore SANY’s booth and witness the intelligent, green, and efficient future of the construction machinery industry. Join in experiencing “The World of Efficiency” your partner SANY brings.

63.5% Of Manufacturers Surveyed Rank Strengthening Cybersecurity Posture as the Most Important Investment – Up 41 Percentage Points from 2024

ABI Research releases the results of its semiannual Manufacturers’ Technology Adoption & Attitudes Survey

NEW YORK, April 1, 2025 /PRNewswire/ — Global technology intelligence firm ABI Research recently completed its semiannual Manufacturers’ Technology Adoption & Attitudes Survey, a comprehensive survey of 458 manufacturing decision-makers across the United States, Malaysia, and Germany to uncover real-world attitudes, adoption trends, and valuable insights that reflect the current technological landscape within the manufacturing industry. Key findings from the survey, presented in The State of Technology in the Manufacturing Industry report, reveal that manufacturers overwhelmingly view strengthening their cybersecurity posture as the most important investment for improving productivity.

“An interesting find from the survey is that 63.5% of manufacturers surveyed now say that improving their cybersecurity posture is the top investment necessary for improving productivity. When asked in the first wave of the survey in 2024, that number was only 21.9%. The recent CrowdStrike update, which caused a massive IT outage that crashed millions of Windows systems, brought security vulnerabilities to the fore. Increasing geopolitical tensions certainly play a part as well,” explains Michael Larner, Distinguished Analyst at ABI Research.

Other high-level findings from The State of Technology in the Manufacturing Industry report:

  • 84% of Germany’s Greenfield facilities have achieved Modern Factory Maturity. Malaysian Brownfield facilities lag behind other regions at 31%, which reflects Malaysia’s heavy investments in advanced areas with fewer investments in traditional or legacy areas.
  • Manufacturers are increasingly embracing cloud solutions. 79% of manufacturers agree that cloud solutions offer clear benefits around decision-making, remote monitoring, and supply chain coordination.
  • 44% of manufacturers are devising an implementation program or already rolling out private 5G, proving that Private 5G is beginning to take hold in the manufacturing space.
  • 66% of respondents believe that Generative AI can help to optimize their production lines, and 74% believe Generative AI can accelerate the creation of worker instructions.
  • 78% of respondents believe in the industrial metaverse’s ability to fuel Research and Development (R&D) in conjunction with strategy, but belief in onboarding capabilities may be waning.
  • 76% of Malaysian manufacturers agree that Private cellular technology enhances connectivity, ensuring reliability and secure communications.
  • 78% of U.S. manufacturers see operational efficiencies and productivity as a strong benefit, reflective of labor savings and reduction of input costs, whether components or raw materials.
  • 53.9% of manufacturers are increasingly prioritizing QMS systems as a priority investment to improve quality levels, firming up their view of which technologies can improve quality.
  • 48% of manufacturers view the lack of expertise to fully grasp the potential of new technologies as a primary barrier to digital transformation.

“Innovation is the cornerstone of success in the manufacturing Industry, and making a robust technology strategy is essential. The survey results are arming technology vendors and end users with real-world and current technology attitudes, adoption rates, and insights to gain a competitive advantage in the rapidly evolving industrial and manufacturing landscape,” Larner concludes.

Download the report, The State of Technology in the Manufacturing Industry, for Survey highlights.

ABI Research is now inviting a small set of participants to join our survey efforts as we launch the next wave of our semiannual survey targeting respondents in industrial and manufacturing companies. Shape the survey.

About ABI Research

ABI Research is a global technology intelligence firm uniquely positioned at the intersection of technology solution providers and end-market companies. We serve as the bridge that seamlessly connects these two segments by providing exclusive research and expert guidance to drive successful technology implementations and deliver strategies proven to attract and retain customers.

ABI Research是一家全球性的技术情报公司,拥有得天独厚的优势,充当终端市场公司和技术解决方案提供商之间的桥梁,通过提供独家研究和专业性指导,推动成功的技术实施和提供经证明可吸引和留住客户的战略,无缝连接这两大主体。

For more information about ABI Research’s services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific, or visit www.abiresearch.com.

Contact Info:

Global
Deborah Petrara
Tel: +1.516.624.2558
pr@abiresearch.com

Peijia Medical collaborates with dsm-firmenich to create groundbreaking innovative medical device products

SUZHOU, China, April 1, 2025 /PRNewswire/ — Today, April 1st, Peijia Medical Technology (Suzhou) Co., Ltd. held a strategic innovation cooperation signing ceremony and a press conference to announce the research and development achievements of polymer heart valves using ultra-high molecular weight polyethylene (UHMWPE) and thermoplastic polyurethane (TPU) from the Biomedical business of dsm-firmenich, innovators in nutrition, health, and beauty, at Peijia Medical’s global headquarters. The signing of the strategic innovation partnership agreement between the two parties will further focus on the research and development innovation of polymer heart valve materials, which is expected to initiate an epoch-making transformation in the field of high-end medical device materials worldwide.

Peijia Medical is a leading enterprise in the field of high-end medical devices for structural heart disease and cerebrovascular intervention in China. It boasts a comprehensive portfolio of structural heart disease products and a product development team that covers major valvular diseases and next-generation core technologies, as well as a complete range of commercialized products and innovative procedural combinations for the hemorrhagic and ischemic stroke markets. In 2024, Peijia Medical’s sales revenue 615 million RMB, marking a year-on-year increase of approximately 40%.

The Biomedical business of dsm-firmenich is headquartered in Pennsylvania, USA, with offices and an Innovation & Application Center in the Netherlands and Shanghai, China. As part of the dsm-firmenich group, Biomedical has unmatched expertise in biomaterials and their applications, helping partners such as Peijia create groundbreaking innovations for patients everywhere.

In this collaboration, Peijia Medical and Biomedical have joined forces to achieve a new breakthrough in the research and development of ultra-high molecular weight polyethylene (UHMWPE) and thermoplastic polyurethane (TPU) heart valve materials. According to the agreement, the two parties will establish a long-term, stable, and mutually beneficial strategic innovation partnership. Using dsm-firmenich biomaterials, the respective R&D teams will collaborate on the design and development of new high-end medical device products, the optimization of key raw material properties, the research and development of new materials, as well as the development and application of advanced manufacturing processes and technologies, all based on UHMWPE materials.

Ultra-high molecular weight polyethylene (UHMWPE) fiber is a lightweight and high-strength polymer material, boasting a strength 15 times that of steel structures of the same size. Utilizing ultra-fine fibers and through unique weaving and multi-layer fusion technologies, polymer valve materials can be produced, which can perfectly replace the existing animal-derived materials for heart valves. There is significant potential for advancement in the flexibility and biocompatibility of the product, enabling a revolutionary iterative upgrade of valve materials.

Polymer valve materials are a type of non-biological, inorganic material with distinct advantages in physical and biochemical properties, as well as lifespan, and are also suitable for younger patients. Compared to traditional animal-derived valve materials, polymer valve materials offer two major advantages: on one hand, they enhance product longevity and broaden the range of indications; on the other hand, they reduce costs and are suitable for mass production. This is of significant importance for the development of the heart valve market and for benefiting a larger patient population.

The polymer valve independently developed by Peijia Medical is a novel type of polymer valve that utilizes a five-layer bionic polymer fiber fabric as the valve material, simulating the functions of the corresponding layers of the human body’s own valve leaflets, thus more closely approximating the various functions of the human body’s own valves. This product has demonstrated stable hemodynamics after 400 million cycles of accelerated fatigue testing, showcasing exceptional durability, with an expected lifespan far exceeding that of current biological source valve materials. The development of this product has been successfully selected as a key core technology research project in Suzhou’s global “unveiling and leading” initiative. Currently, the product has completed animal testing and is preparing to enter clinical trials.

Pan Kongrong, Chief Operating Officer of Peijia Medical, stated that on the basis of years of collaboration with Biomedical, the two companies will now enter a deeper level of synergy. The development of polymer valve leaflet materials, as a core platform technology of Peijia Medical, once completed, will be applied across various product lines to enhance the performance of each product and unlock the application of ultra-high molecular weight polyethylene in the field of structural heart disease.

Paul Spencer, President of the Biomedical division at dsm-firmenich, noted “At dsm-firmenich, we are committed to advancing vascular care with innovative biomaterial solutions that support the goals of driving better clinical outcomes, reducing healthcare costs, and improving the lives of patients worldwide. We are very excited to formally collaborate with Peijia to bring progress to life in China.”