OVERVIEW
Incorporated in Shanghai International Medical Zone in 2012, Shanghai MicroPort Endovascular MedTech (Group) Co., Ltd. (“Endovastec™”) is one of the first companies listed on the STAR Market (stock code: 688016.SH) in 2019. It has been granted the titles of National New and High-tech Enterprise, one of the first Chinese Specialized and Sophisticated “Little Giant” Enterprises that Produce Novel and Unique Products, National Enterprise Technology Center, National Technological Innovation Demonstration Enterprise, Multinational R&D Center, national-level “Green Factory”, Shanghai Municipal Sci-tech “Little Giant” Enterprise, Shanghai Municipal Enterprise Technology Center, and AAA Credit-Rating Enterprise, as well as honors such as the National Intellectual Property Advantage Enterprise, Shanghai Municipal Quality Gold Award, Shanghai Municipal Quality Benchmark, and Shanghai Brand.
Endovastec™ focuses on the research and development (R&D), manufacturing, sales and services of aortic and peripheral vascular intervention devices. It has five subsidiaries, namely Bluevastec™, VasoLutions™, Intervastec™, Endovastec US™ and Lombard Medical, which are committed to the R&D and sales of intervention medical devices for peripheral venous diseases, peripheral arterial diseases and tumors, respectively. The company currently has 27 products on the market worldwide, of which 20 are self-developed and 5 have obtained CE marking, mainly including thoracic and abdominal aortic stent grafts, stent grafts in surgical operation, drug-coated balloon dilatation catheters, peripheral vascular stents and balloon dilatation catheters. As of September 2024, the products of Endovastec™ have been available in over 2,400 hospitals across China and reached 40 countries and regions worldwide, saving or improving more than 330,000 lives globally. In 2021, the domestic market share of our aortic endovascular intervention products has reached 29%, ranking first in China. At present, the company’s domestic operations cover 31 provinces, autonomous regions, and municipalities in China, while its international operations extend to Europe, Latin America, Asia and many other regions.
With technological innovation as its core driving force and upholding the innovation philosophy of “being the number one or the only one”, Endovastec™ is striving for development through rapid innovation. In recent years, the company’s annual investment in research and development has accounted for more than 15% of its annual revenue. The R&D personnel comprise nearly 30% of the total company workforce, including a group of national and Shanghai-level top-notch scientific research professionals. As of September 2024, the company has obtained over 230 patents authorized domestically and internationally, including more than 150 invention patents. It has won the second prize of the Chinese National Science and Technology Progress Award, and has won the first prize of the Shanghai Municipal Science and Technology Progress Award twice. Among the products already launched and under development, eight have been approved by the National Medical Products Administration (NMPA) of China to go through the Special Review Procedures for Innovative Medical Devices (Green Path), outperforming most other companies in the industry. A collection of clinical academic articles on its key products has been published in internationally renowned medical journals.
The operation headquarters of Endovastec™ is located in Shanghai, with nearly 24,000 square meters of R&D, manufacturing and office space, more than 5,000 square meters of Class 10,000 clean rooms in line with the national standards for the production of Class III implantable products. Advocating that “the patient always comes first” and adhering to the mission of providing trustworthy and universal access to state-of-the-art total solutions to vascular circulatory diseases, Endovastec™ is committed to building a globally leading group of people centric enterprises of emerging medical technologies through technological innovation.
31 provinces and autonomous regions
More than 2400 major hospitals in China
8 national innovative medical device products
Subsidiaries
Shanghai Bluevastec MedTech Co., Ltd. (“Bluevastec™”), a subsidiary of Shanghai MicroPort Endovascular MedTech (Group) Co., Ltd. (sock code: 688016.SH), was established in the Century Medicine Park of Shanghai International Medical Zone in 2018. It is committed to the R&D, sales and services of intervention medical devices for peripheral venous vascular diseases. The company was rated as an AAA Credit-Rating Enterprise and Small and Medium-sized Sci-tech Enterprise. Adhering to the mission of providing trustworthy and universal access to state-of-the-art total solutions to peripheral venous diseases, Bluevastec™ is committed to becoming a globally leading high-tech company specializing in medical solutions to peripheral venous diseases.
Shanghai VasoLutions MedTech Co., Ltd. (“VasoLutions™”), a subsidiary of Shanghai MicroPort Endovascular MedTech (Group) Co., Ltd. (stock code: 688016.SH), was founded in the Century Medicine Park of Shanghai International Medical Zone in 2020. The company is committed to the R&D, sales and services of intervention medical devices for peripheral arterial vascular diseases. In 2021, the company was recognized as AAA Credit-Rating Enterprise and Small and Medium-sized Sci-tech Enterprise. With the mission of providing trustworthy and universal access to state-of-the-art total solutions to peripheral arterial diseases, VasoLutions™ is committed to becoming a globally leading high-tech company specializing in medical solutions to peripheral arterial diseases.
Shanghai Intervascular MedTech Co., Ltd. (“Intervastec™”), a wholly-owned subsidiary of Shanghai MicroPort Endovascular MedTech (Group) Co., Ltd. (stock code: 688016.SH), was incorporated in the Century Medicine Park of Shanghai International Medical Zone in May 2021. The company is committed to the R&D and sales of intervention medical devices for tumors. In 2022, the company was recognized as AAA Credit-Rating Enterprise and Small and Medium-sized Sci-tech Enterprise. In 2023, the company was recognized as a New and High-tech Enterprise. With the mission of providing trustworthy and universal access to state-of-the-art total solutions to tumor diseases, Intervastec™ is committed to becoming a globally leading high-tech company specializing in medical solutions to tumor diseases.
MicroPort Endovastec MedTech Inc., one of the wholly-owned subsidiaries of Shanghai MicroPort Endovascular MedTech (Group) Co., Ltd. (stock code: 688016.SH), was established in 2022 in Irvine, California and registered in Delaware, U.S. It is committed to R&D, manufacturing, and sales of aortic and peripheral vascular interventional devices for the U.S. market.
Lombard Medical Limited, one of the wholly-owned subsidiaries of Shanghai MicroPort Endovascular MedTech (Group) Co., Ltd. (stock code: 688016.SH), acquired in 2024, is an Oxfordshire company (UK) founded in 1994 and specialises in the design and manufacturing of medical devices for the treatment of aortic disease, particularly in the area of endovascular therapies. The company is dedicated to advancing healthcare through innovative technologies that enhance patient safety and procedural effectiveness. With the mission to improve the health of patients with vascular diseases, Lombard Medical products, Aorfix™ and Altura™, have been introduced into clinical applications in 40 countries and regions worldwide and used to treat over 30,000 patients. This includes significant markets in Europe, parts of Asia and Latin America.
Honors and Qualifications
Milestones