8/11/2025, 10:41:00 PM | www.theglobeandmail.com | news

    Cryofocus Medtech Achieves Record Interim Results with 162% Revenue Surge Driven by Respiratory Intervention Products

    Cryofocus Medtech (Shanghai) Co., Ltd. reported a 162.4% increase in revenue for the six months ended June 30, 2025, reaching RMB51.1 million, primarily driven by its respiratory intervention products such as the Malignant Stenosis Cryoablation System and Cryoadhesion System. The Malignant Stenosis Cryoablation System received approval from China’s National Medical Products Administration, while the Cryoadhesion System is already commercialized. The Asthma Cryoablation System was designated a 'Breakthrough Medical Device' by the U.S. FDA, supporting global market expansion. The company achieved a gross profit margin of 67.1% and increased cash reserves to RMB63.7 million, despite reducing R&D expenses. Cryofocus is transitioning from an R&D-driven model to a dual-engine model integrating R&D and commercialization, aiming to become a global leader in minimally invasive interventional cryotherapy medical devices.

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