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02297 RAINMED-B

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  • 0.172
  • -0.006-3.37%
Market Closed Apr 19 16:08 CST
200.86MMarket Cap-1577P/E (TTM)

About RAINMED-B Company

Established in 2014, we are committed to becoming the world's leading interventional vascular surgery robotics company. Currently, we focus on the design, development and commercialization of coronary angiography-based blood flow reserve score systems (“CAFFr systems”) and coronary angiography-based microvascular resistance index systems (“caIMR systems”). Our core products (namely the CAFFR system and the CAIMR system) are innovative medical devices for evaluating the severity of myocardial ischemia caused by coronary artery stenosis and microvascular dysfunction (CAD-related causes). They are designed to replace the use of pressure guides, greatly reduce technical errors and operating time, thereby improving physiological assessment. Both systems are currently used separately for accurate CAD diagnosis. Since FFR measures macrocirculation in arteries (5% of all arteries), while IMR measures microcirculation in arteries (95% of all arteries), the combined use of IMR and FFR can provide a comprehensive assessment of coronary blood flow in CAD patients. These two systems are expected to be the core and key modules of our future vascular interventional surgery robots. Our CAFFR system is both European CE certified and approved by the National Drug Administration. It was also successfully registered in the Commonwealth of Australia (“Australia”) in 2022 and approved by the Government Drug Administration (“TGA”). Our CAFFR system has a high accuracy rate of over 95% and a convenient operation process that takes less than five minutes. It has become the leading FFR measurement product in China, and is fiercely competing with leading international medical device companies for the leading position in China's FFR measurement market. We plan to further cover patients with acute STEMI, acute NSTEMI, and HFpEF from the current scope of indications for the CAFFR system (that is, patients with stable angina, unstable angina, and patients after the acute phase of myocardial infarction). Furthermore, we are also developing the caIMR system, which is the only minimally invasive IMR measurement product in the world that has completed confirmatory clinical trials, and is expected to become the world's first minimally invasive IMR system approved for commercialization within 2023. Currently, we expect to obtain approval from the National Drug Administration to commercialize our CAIMR system in the second quarter of 2023. In December 2022, our CAFFR system and CAIMR system were incorporated into the “China Expert Consensus on Computational Coronary Physiological Testing Technology” (“Expert Consensus”). The expert consensus filled the gap where clinical application of calculated physiological indicators in interventional treatment of coronary heart disease in China lacked guidelines and regulations, and provided a basis for regulating application and expanding the scope of application. Based on our CAFFR system and CAIMR system, we aim to launch our vascular interventional surgery robot by 2024, a one-stop hybrid procedure that automates the entire PCI process by connecting and integrating all clinical application areas for diagnosis and treatment.

Company Profile

Symbol02297
Company NameRAINMED-B
ISINKYG7360A1094
Listing DateJul 8, 2022
Issue Price6.24
Shares Offered23.35M share(s)
FoundedApr 9, 2021
Registered AddressCayman Islands
Chairmanyunfei huo
Secretaryzhuotingzhangliang zhu
Audit InstitutionXinyong Zhonghe (Hong Kong) Certified Public Accountants Limited
Company CategoryOverseas registration of Mainland Individuals control
Registered OfficeFloor 4, Willow House Cricket Square Grand Cayman KY1-9010 Cayman Islands
Head Office and Principal Place of BusinessRoom 19-108, 19th Floor, Taikoo Shing Centre Phase III, 14 Taikoo Wan Road, Taikoo Wan Road, Taikoo, Hong Kong
Fiscal Year Ends12-31
Employees406
MarketHong Kong motherboard
Phone(0512)62622215
Fax(0512)62620120
Emailmarket@rainmed.com
Business RunMed Healthcare Co., Ltd. is a Chinese investment holding company. The company is mainly engaged in the development, manufacture and commercialization of medical devices related to coronary angiography-based blood flow reserve score systems (CAFFr systems) and coronary angiography-based microvascular resistance index systems (caIMR systems). The company's core products (namely the CAFFR system and the CAIMR system) are innovative medical devices to assess the severity of myocardial ischemia caused by coronary artery stenosis and microvascular dysfunction (a related cause of coronary artery disease (CAD)). It is designed to replace the use of pressure guides and greatly reduce technical errors and operating time, thereby improving physiological assessment. The company mainly operates in domestic and overseas markets in China.

Company Executives

  • Name
  • Position
  • Salary
  • yunfei huo
  • Co-CEO,Chairman of the Board,Executive Director,Chairman of the Nomination Committee
  • --
  • yonghui lv
  • Co-CEO,Executive Director
  • --
  • liang zhang
  • chief financial officer,Executive Director,Joint Company Secretary,Authorized Representative
  • --
  • yang gu
  • VP,Executive Director,Remuneration Committee Members
  • --
  • lin wang
  • Non-executive directors
  • --
  • lei heng
  • Non-executive directors
  • --
  • chuanjiang liao
  • Independent Non-Executive Director,Chairman of the Audit Committee,Remuneration Committee Members,Nomination Committee Members
  • --
  • haomin li
  • Independent Non-Executive Director,Remuneration Committee Chairman,Audit Committee Members,Nomination Committee Members
  • --
  • xuefeng chen
  • Independent Non-Executive Director,Audit Committee Members
  • --
  • guangzhi liu
  • chief technology officer
  • --
  • xingyun wu
  • VP
  • --
  • chang zhou
  • VP
  • --
  • zhuoting zhu
  • Joint Company Secretary,Authorized Representative
  • --

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