Daily BriefsECM

Daily Brief ECM: Pre-IPO Cryofocus Medtech (Shanghai) – The Industry and more

In today’s briefing:

  • Pre-IPO Cryofocus Medtech (Shanghai) – The Industry, the Business and the Concerns

Pre-IPO Cryofocus Medtech (Shanghai) – The Industry, the Business and the Concerns

By Xinyao (Criss) Wang

  • The cryoablation market accounts for about 1/3 of the total tumor ablation market overseas, while this percentage is less than 1/10 in China, indicating promising growth potential in the future.
  • Cryofocus Medtech (Shanghai) (CFM HK)’s products and candidates do have technical advantages, offering more choices for patients and doctors.
  • However, the commercialization outlook remains to be seen because of the potential large price reduction after entering national medical insurance coverage and the uncertainties over acceptance by patients and doctors.

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