Daily Newsletter

31 August 2023

Daily Newsletter

31 August 2023

ANVISA grants marketing approval to Zylox-Tonbridge’s dilatation catheter

The company anticipates using ZENFlow Tiger in treating Budd-Chiari syndrome, and iliac vein compression syndrome.

August 31 2023

Brazilian Health Regulatory Agency ANVISA has granted marketing approval to Zylox-Tonbridge Medical Technology's ZENFlow Tiger LD PTA Dilatation Catheter (ZENFlow Tiger).

With this approval, the company intends to launch the product in the South American market.

ZENFlow Tiger features a tapered tip and short shoulder that enables easier access through complex lesions thereby facilitating in protecting normal blood vessels.

Its coaxial catheter shaft design also allows for rapid inflation and deflation. It is available in various sizes for use in different clinical needs.

The low-temperature molding technology ensures non-compliance while the braided delivery shaft provides pushability and kink resistance.

The company also anticipates using ZENFlow Tiger in treating Budd-Chiari syndrome, iliac vein compression syndrome, and other peripheral vascular occlusions.

It also expects better treatment efficacy of the product, when properly used along with mechanical thrombectomy devices and peripheral stents.

This April, Zylox-Tonbridge formed a strategic alliance with Guangdong Hicicare Science to facilitate the commercialisation of vascular guidewire products, under a co-branded label in China.

The partnership’s aim is to bring new neuro and peripheral-vascular interventional devices to Chinese physicians and patients.

The company generated a revenue of 6.23m yuan ($0.85m), representing a YoY increase of 128.7% during the first half of this year.

Digital transformation of the healthcare industry is driving the demand and development for precision and personalized medicine

Per GlobalData estimates, the precision and personalized medicine market is expected to achieve a CAGR of more than 43% between 2022 and 2029. The digital transformation of the healthcare industry is driving the market demand. For example, advances in biomarker testing with NGS are improving patient selection, use of AI in identifying trends in big datasets is accelerating the time from drug discovery to commercialization, and the use of Industry 4.0 technologies is improving the quality and efficiency of manufacturing complex drugs such as cell and gene therapies.

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