- CEO
- Yi Zhang
- Full Time Employees
- 1,022
- Sector
- Health technology
- Industry
- Medical specialties
- Address
- No.18 Yangjiatian Road Suzhou JS China 215028
- IPO Date
- May 15, 2020
- Business
- Peijia Medical Limited (9996.HK) is a leading Chinese developer, manufacturer and seller of interventional medical devices for structural heart and neurovascular diseases. Founded in 2012 and headquartered in Suzhou, Jiangsu Province, China, the company operates primarily in China with manufacturing facilities in Suzhou and Shanghai, and pursues global expansion through strategic partnerships and clinical trials. It focuses on high-growth segments including transcatheter valve therapeutics and neurointerventional procedural solutions; core products encompass transcatheter aortic valve replacement (TAVR) systems such as TaurusOne, TaurusElite, TaurusMax and crosslinked dry-tissue/polymeric tri-leaflet variants; mitral and tricuspid valve devices including GeminiOne transcatheter edge-to-edge repair (TEER) and HighLife transseptal mitral valve replacement (TSMVR); neurointerventional devices comprising hemorrhagic products like flow-diverting stents (YonFlow), balloon dilatation catheters (SacSpeed, Fastunnel), coils; ischemic products including DCwire micro guidewires; and access devices; the company also offers procedural solutions for aortic regurgitation (AR), stenosis (AS) and next-generation technologies such as robotic-assisted TAVR (ReachTactile) and lithotripsy valvuloplasty. In recent developments, Peijia Medical announced 2025 interim results showing revenue of RMB353.4 million, up 17.3% year-over-year, with TAVR products up 24% and neurointerventional up 12.2%; its transcatheter valve therapeutic business achieved first-ever commercial profit of RMB29.1 million; the NMPA approved YonFlow flow-diverting stent in April 2025 with first commercial implant in June 2025 and listings in over 20 provinces; pivotal trials advanced for TaurusTrio AR TAVR (registration accepted April 2025), TaurusNXT durability-enhanced AS TAVR and GeminiOne mitral TEER (registrations pending late 2025-mid 2026); DCwire micro guidewire filed for U.S. FDA 510(k) in July 2025; the company entered a strategic innovation partnership with dsm-firmenich in 2025 for polymer heart valve materials including ultra-high molecular weight polyethylene and thermoplastic polyurethane; and it expanded hospital coverage to over 720 institutions with TAVR implant volume exceeding 2,050 units in H1 2025.