Israeli medical device company EarlySense enters China
24-May-17, Globes
Israeli medical device company EarlySense is entering the Chinese market. The company, which develops and markets systems for non-obtrusive monitoring of the medical state of patients using a device placed under the patient's mattress, has announced a cooperative venture with Chinese company Laxis.
Image: Globes
"This is part of our entry into Asia," says Earlysense CEO Avner Halperin. "It began with an investment by a leading Chinese group. At the same time, we also have business in Japan, which includes an investment by Japanese company Mitsui and a marketing agreement in Japan, where we are waiting for confirmation... The Asian market, especially in China and Japan, features rapid aging of the population, and constitutes a huge opportunity."