JTA NEWS
22 November 2017 - 5 Kislev 5778 - ה' כסלו ה' אלפים תשע"ח
JTA NEWS :
EarlySense enters the Chinese market E-mail

Israeli medical device company EarlySense is entering the Chinese market. The company, which develops and markets systems for nonobtrusive monitoring of the medical state of patients using a device placed under each patient’s mattress, announced a co-operative venture in May with Chinese company Laxis.

Laxis is developing a hospital management kit that will include Earlysense’s monitoring system. “This is part of our entry into Asia,” said 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. We regard 2018 as our breakthrough year in Asia. In the coming years, the US market, in which we have already been active for several years, will still be important for us, but after some years, both the US and Asia will be important markets. The Asian market, especially in China and Japan, features rapid aging of the population, and constitutes a huge opportunity. It is hard to get in there, but it appears that we have found the right platform.”

Laxis, which is part of a group of companies called United Imaging and is partly owned by the Chinese Government, has developed a hospital management system that contains a manual device that reads the barcode on the patient’s bed and displays to the doctor or nurse information from monitoring devices, imaging tools and systems monitoring the administering of drugs.

Halperin explained: “A combination of our system with the monitoring system for giving medicines will be interesting. The connection between administering a certain drug, for example for pain, and changes in the patient’s breathing and pulse pattern can be seen with a specific patient, and the effect of the drug on him can be understood.”

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