BIT Group Opens IVD -Focused Contract Manufacturing Facility in China and Joint Venture with EDAN Instruments, Inc
January 03, 2017 at 03:00 am
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BIT Group announced the opening of EMD Shenzhen Ltd. its second Chinese manufacturing operation in Shenzhen, China and a joint venture with EDAN Instruments, Inc. EMD is now BIT’s primary contract manufacturing hub for China and Asia and is already active with four new clients, including EDAN. The additional capacity and capabilities provided by EMD will enable BIT to provide comprehensive IVD manufacturing capabilities and third-party Contract Manufacturing Services (CMS). EMD focuses on contract manufacturing of IVD instrumentation, and hematology reagent manufacturing under contract for OEMs. BIT’s clients benefit from the new facility through competitive product pricing as well as Chinese domestic supply of product, lower transport and import costs, and an expedited regulatory approvals process within the Chinese market. EMD provides BIT’s IVD technologies developed in the USA and Europe, and manufactures products for clients while adhering to the strict regulatory requirements of CFDA, FDA and ISO13485.
Edan Instruments, Inc. is a China-based company principally engaged in the research, development, manufacture, sales of medical electronic equipment products and in-vitro diagnostic products, as well as the provision of related services. The Company provides maternity product series, including doppler fetal heart beat monitors, ultrasonic doppler fetal heart beat monitors, fetal/maternal monitors and maternity integrated diagnostic monitoring systems; electrocardiograph series, including digital twelve-channel electrocardiographs, digital six-channel electrocardiographs, electrocardiographic workstations, single-channel electrocardiographs and multi-channel electrocardiographs; monitoring product series, including portable multi-variable monitors, central monitoring systems and oximeters, as well as ultrasonic image product series, including digital ultrasonic diagnostic systems and others. The Company is also involved in the spare parts sale and in vitro diagnostics products business.