Boston Scientific, the US medical device maker, has opened a China branch of its Institute for Advancing Science (IAS) and a new Innovation Center in Shanghai.
The IAS expects to train 700 medical professionals a year in the use of various Boston Scientific medical devices. The Innovation Center in Shanghai is designed to drive understanding of innovative technologies and advanced medical technology products. The company states that the Center is fully equipped with the latest multimedia devices, demonstrating the company’s cutting-edge research in disease treatment practices. The Innovation Center will also collect customer feedback to aid in the development of products and technologies customised for China, in collaboration with the Boston Scientific global R&D team.
The new Institute and Center are part of a $150 million, five-year investment the company will make to increase its presence in China.
A release stated that through these facilities the company expects to foster local talent while sustainably developing innovative technologies uniquely suited to the China market.
“Advancing science for life is at our core, and the facilities we are dedicating today demonstrate our commitment to innovation in professional education and dedication to saving and improving the health of Chinese patients through innovative technologies,” said Michael F Mahoney, president and chief executive officer, Boston Scientific. “China is key to our ongoing global expansion, and we believe that initiatives such as the IAS and Innovation Center will help us to continue adapting to the unique demands of the China market.”