The company utilizes semiconductor manufacturing and precision micro-nano processing equipment for chip technology research and development under a contract with TSRI. This contract, executed on August 1, 2022, expired on July 31, 2023, with a total cost of NTD 1,300,000 paid in two installments. The company develops microfluidic biomedical testing devices, which require research and development, registration application, and registration review to obtain clearance from the National Medical Products Administration (NMPA) before commercialization. Some products have received NMPA clearance, while others remain in various stages of registration or clinical trials. The company’s supplier includes TSRI.
Advanced Biomed's Comment on Supply Chain
The company utilizes semiconductor manufacturing and precision micro-nano processing equipment for chip technology research and development under a contract with TSRI. This contract, executed on August 1, 2022, expired on July 31, 2023, with a total cost of NTD 1,300,000 paid in two installments. The company develops microfluidic biomedical testing devices, which require research and development, registration application, and registration review to obtain clearance from the National Medical Products Administration (NMPA) before commercialization. Some products have received NMPA clearance, while others remain in various stages of registration or clinical trials. The company’s supplier includes TSRI.
Sources:
Advanced Biomed Inc.'s official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
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