China-based Lepu Medical Technology (Beijing) is all set to enter the Indian medical devices and equipment market through its subsidiary, Lepucare (India) Vascular Solutions.
This is the fifth overseas subsidiary of the Chinese manufacturer globally.
The company has presence with products in medical specialities, including cardiovascular, neurovascular and peripheral vascular interventions, structural heart diseases among others.
Lepu Medical Technology (Beijing) is beginning its India operations from May 2018. Lepu will set up a fully functional operation organisation with 95 percent Indian employees.
The company’s Indian office will be located in New Delhi and branch offices will be opened in other cities also, depending on the requirement.
The products being launched will be made available across the length and breadth of the country.