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AJJ Medtech Holdings Limited ( (SG:584) ) has provided an update.
AJJ Medtech Holdings Limited has entered into a strategic OEM partnership with Suzhou ZOEY Medical Devices Co., Ltd. to produce hollow fiber hemodialyzers and core consumable products for renal dialysis in Singapore. This collaboration marks AJJ’s entry into the renal dialysis value chain, offering a cost-competitive alternative to current products and potentially reducing costs for Singapore’s 7,800 hemodialysis patients by 10 to 30%. The partnership enhances AJJ’s capabilities in supply chain coordination and regulatory registration, solidifying its transformation from a product trader to a diversified medical technology partner, and addressing the growing pressure on Singapore’s healthcare system to manage rising treatment costs without compromising quality.
More about AJJ Medtech Holdings Limited
AJJ Medtech Holdings Limited is a leading integrated Medtech solutions provider listed on the SGX. The company focuses on medical manufacturing and registration platforms, transitioning from a trading entity to a system-driven medical technology partner. It leverages its ISO 13485-certified quality infrastructure to enter high-value sectors such as renal care.
Average Trading Volume: 48,243,992
Technical Sentiment Signal: Strong Sell
Current Market Cap: S$15.4M
See more data about 584 stock on TipRanks’ Stock Analysis page.