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Hainan Haiyao Co., Ltd signed a joint venture agreement with Haikou National High-tech Industrial Development Zone Management Committee and Xenios AG to develop and produce ECMO-compatible products. Haiyao will invest RMB 200 million for a 45% stake, while Xenios AG will hold 40%.
“This strategic collaboration is aimed at developing and producing long-acting and short-acting membrane oxygenators, arteriovenous catheters, and other ECMO compatible products.”flcube.com
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