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NewMed Medical, founded in 2015 in Shanghai, develops cardiac devices that simplify heart valve replacement procedures.
Founded in 2015 and headquartered in Shanghai, China, NewMed Medical Co., Ltd. develops medical devices for cardiac care, focused on heart valve replacement. Its devices are sold mainly to hospitals and clinics in China through B2B transactions, and the company plans to target broader international markets. It has raised CNY 100.000 mn in total, with its latest round a Series B on March 25, 2021, in which Fortune Capital participated.
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