Titanmed

Titanmed opened its first plant in Penza, Russia, for manufacturing trauma, orthopedics, and neurosurgery medical devices. The plant includes a joint venture with Chinese partner Naton to produce hip and knee endoprostheses, with a planned capacity of 42,000 products in the first year.

Naton Medical Group, Titanmed and MedInzh are creating a joint venture to produce orthopedic medical devices at the Rameyev technopark in Penza, Russia. The project was discussed on July 1, 2017.

The Russian-Chinese joint venture Penzaimplant was registered in Penza, Russia, to produce orthopedic products. The project involves an investment of 950 million rubles and is expected to create 250 jobs.