BIT Group opens IVD manufacturing facility in China
29-Oct-15, Evertiq
BIT Group has established a second Chinese manufacturing operation in Shenzhen, China as a joint venture with EDAN Instruments, a Shenzhen-based leader in medical monitoring technology.
Image: Invetech
The additional capacity and capabilities provided by the newest facility will enable BIT to provide IVD manufacturing capabilities and third-party contract manufacturing services.
“The Chinese medical technology market is expected to grow at double digit rates in the coming years,” explains Marius Balger, BIT CEO. “Our newest China facility will allow us to provide our clients with an outsourced CMS alternative to those which are not focused on the IVD business and lack experience with system development and system contract manufacturing.”