Wandong Medical and VMI Group to form joint venture in Brazil for medical equipment

Wandong Medical, a subsidiary of Midea Healthcare, and Brazil's VMI Group signed a memorandum of strategic cooperation to establish a joint venture in Brazil for R&D and localized production of high-end medical equipment including MRI, CT, and CATH lab systems.

“the two sides will establish a joint venture in Brazil to focus on research and development and localized production of high-end medical equipment such as MRI, CT, and CATH lab.”webull.com

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• webull.comOn May 12, Wandong Medical, a subsidiary of Midea Healthcare, and Brazil's VMI Group officially signed a memorandum of strategic cooperation. According to the agreement, the two sides will establish a joint venture in Brazil to focus on research and development and localized production of high-end medical equipment such as MRI, CT, and CATH lab. The joint venture will set up production facilities and R&D centers.May 13, 2025

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