In a significant milestone for Changzhou's West Taihu Lake Science and Technology Industrial Park, the inaugural ceremony of Paisheng Technology (Changzhou) Co., Ltd., the city's first company specializing in medical device Contract Development and Manufacturing Organization (CDMO) services, took place on April 24.

Paisheng Technology, a subsidiary of Inno Laser Technology Co., Ltd., aims to provide comprehensive CDMO solutions to clients within the thriving medical and healthcare sector.

The concept of medical device CDMO, which involves contract-based services for process research, design, and production, is poised to enhance efficiency and innovation in the medical device sector. By partnering with Paisheng Technology, medical device suppliers can reduce operational risks, streamline production cycles, and optimize cost management.

Specializing in precision micro-processing techniques, Paisheng Technology offers services such as laser cutting, drilling, welding, engraving, heat treatment, and surface treatment, utilizing advanced equipment and proprietary technologies. The company has also established platforms for simulation analysis, process databases, and product performance testing to meet the manufacturing needs of medical devices made from various metals or polymers, covering product areas such as neurology, peripheral devices, electrophysiology, structural heart disease, and tumor interventions.

The unveiling of this CDMO enterprise coincided with the 2024 High-Value Medical Device CDMO Service Forum, attracting prominent experts and scholars in cardiovascular and cerebrovascular intervention technologies.

Changzhou West Taihu Lake Science and Technology Industrial Park has become a hub for innovation, fostering a dynamic ecosystem of support services such as clinical evaluation, medical sterilization, and pharmaceutical logistics. The addition of Paisheng Technology underscores the park's commitment to advancing medical technology and supporting industry growth.

This development marks a significant step forward in Changzhou's efforts to establish itself as a hub for cutting-edge medical device research, development, and manufacturing.

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