Hangzhou, China, Feb. 28, 2025 – WORK Medical Technology Group LTD (Nasdaq: WOK) announced a strategic partnership with Shanghai Chartwell Medical Device Co., Ltd. to drive industrial synergy and growth in the healthcare sector. The collaboration will involve joint investment funds, WORK Medical investing in Chartwell Medical, and co-investing in key projects in the future. The CEO of WORK Medical, Mr. Wu Shuang, expressed excitement about the partnership and emphasized the shared commitment to innovation, operational efficiency, and market leadership.
The partnership aims to enhance the development of high-end medical technologies and strengthen competitiveness in the global healthcare industry. With the implementation of specific cooperation projects, Work Medical expects its product portfolio to be enriched and improved, leading to significant revenue and profit growth over the next three years. The companies hope to create a robust ecosystem with industry partners across China’s healthcare value chain.
WORK Medical Technology Group LTD is a supplier of medical devices with a diverse product portfolio sold in China and internationally. Shanghai Chartwell Medical Device Co., Ltd. specializes in high-end medical products and technologies across various categories. Both companies are dedicated to advancing healthcare solutions through innovation and collaboration.
This collaboration is expected to result in mutual growth and the acceleration of advanced medical technologies adoption in domestic markets. The companies have emphasized their commitment to driving industrial synergy, operational efficiency, and market leadership through this strategic partnership. For more information, visit WORK Medical Technology Group LTD and Shanghai Chartwell Medical Device Co., Ltd. websites.
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