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Establishment Labs Announces Commercial Launch of Motiva Implants in China
NEW YORK--(BUSINESS WIRE)-- Establishment Labs Holdings Inc. (NASDAQ: ESTA), a global medical technology company dedicated to improving women’s health and
About this update from Establishment Labs Holdings Inc.
[{"type":"text","content":" NEW YORK--(BUSINESS WIRE)--\nEstablishment Labs Holdings Inc. (NASDAQ: ESTA), a global medical technology company dedicated to improving women’s health and wellness, principally in breast aesthetics and reconstruction, today announced it has launched Motiva® Implants in China.\n\n\n“China is the second largest market globally, but has the opportunity to be much larger,” commented Juan José Chacón-Quirós, Establishment Labs Founder and Chief Executive Officer. “Establishment Labs was founded to make profound changes to our industry, and our growth reflects that. The Chinese market is unique in that the size of the opportunity is matched by both an appreciation among consumers for innovative technologies and a large segment willing to pay a premium for such products. Not only do we expect China to quickly become one of the largest and fastest growing segments for our company, we also expect to expand the market in China as women are introduced to new standards and possibilities.”\n\n\nDr. Chen Yuzhe, a senior plastic surgeon at BCC Beijing added, “We all look forward to Motiva’s brilliant performance here in China and it will inject new vitality into the development of our plastic surgery and beauty industry.”\n\n\nThe commercial launch coincided with the Motiva China International Academic Conference that was held in Hainan, China; events also took place in Shanghai, Guangzhou, and Shenzhen. Establishment Labs received National Medical Products Administration (NMPA) approval in China for Motiva® Implants in November 2023.\n\n\nAbout Establishment Labs\n\n\nEstablishment Labs Holdings Inc. is a global medical technology company dedicated to improving women’s health and wellness through the power of science, engineering, and technology. The Company offers a portfolio of Femtech solutions for breast health, breast aesthetics and breast reconstruction. The over three million Motiva® devices Establishment Labs has delivered to plastic and reconstructive surgeons since 2010 have created a new standard for safety and patient satisfaction in the over 85 countries in which they are available. The Motiva Flora® tissue expander is used to improve outcomes in breast reconstruction following breast cancer and it is the only regulatory-approved expander in the world with an integrated port using radio-frequency technology that is MR condition...