Collaboration Seeks to Build Cryopreservation Solutions for Assisted Reproduction

Suzhou Basecare Medical Corporation Ltd has announced that the company entered into a strategic collaboration framework agreement with Qingdao Haier Biomedical Co, Ltd. According to the agreement, Basecare Medical and Haier Biomedical will carry out collaborative R&D in cryogenic refrigeration of the assisted reproduction sector and jointly offer cryopreservation solutions for the assisted reproduction sector, which is another in-depth business collaboration following the capital collaboration between Basecare Medical and Haier Venture Capital FOF. Dr Liu Zhanjie, Founder and General Manager of Haier Biomedical, Mr Liu Dong, General Manager of Haier Venture Capital Qianfeng FOF, and Dr Liang Bo, Founder of Basecare Medical, attended the signing ceremony.

In this strategic collaboration, the two parties will integrate their respective resource advantages such as products and channels, and jointly build a cryopreservation solution in assisted reproduction sector from market promotion, technical support, collaborative R&D, to registration and certification, promoting the development of fertility preservation related application scenarios. In addition, the new resource-sharing model will facilitate the development of the assisted reproductive industry, delivering good products and technologies to enter clinical applications quickly and effectively, so as to benefit more patients.