Tissuemed looks to seal more deals in China

Tissuemed CEO David Mandley and Chamber International export adviser, Robin Finnis at the Leeds headquarters of the company.

Tissuemed looks to seal more deals in China

A Yorkshire surgical technology company, which has gained regulatory approval for its main product in China, is hoping to build on its export relations.

The firm is working with overseas trade specialist, Chamber International, as it develops sales by gaining a greater understanding of Chinese commerce and healthcare.

Leeds-based Tissuemed develops a product known as TissuePatch, the world’s only synthetic, self-adhesive patch for preventing leaks during and after surgery.

The product has recently been approved by China’s Federal Drug Administration (CFDA), and Chamber International’s China specialist Matthew Grandage has been providing advice as the company increases its dialogue with the medical devices market in China, which totalled more than £30bn in 2015.

Soon after CFDA approval, a leading hospital in Sichuan province became the first user of Tissuepatch in China, when surgeons used it during a thoracic procedure.

Tissuemed Ltd chief executive officer, David Mandley, says: “TissuePatch is unique in China as the first synthetic sealant in the medical market with a broad range of surgical uses, from neurosurgery to thoracic and general surgery. 

“China holds great potential for us – for example, the country has 12,000 practising neurosurgeons alone.

“The TissuePatch product range, which was CE Mark approved in 2007, is now exported to 25 countries and China has huge potential.

“We have many users from different surgical specialisms in large hospitals and the breadth of our regulatory approval has created positive signs that we can expand our market share.”

“An initial consultation with Matthew Grandage gave us up-to-date and relevant insights on how to proceed.

“This was very useful as we were starting a week-long visit to the country. I see the potential for us to continue to work together as we expand.”

Scientists at Tissuemed took five years to develop TissuePatch, which, at 0.04mm, is among the world’s thinnest implantable medical products.

It is designed to complement conventional wound closure techniques, such as stitching or stapling, reducing post-operative complications and the need for extended hospital stays.

Tissuemed Ltd was founded in 1985 by two cardiothoracic surgeons at the Cardiac Research Centre at Killingbeck Hospital, who developed and introduced the first CE marked tissue heart value. 

The heart valve business was divested in 2000 to enable Tissuemed to focus on developing surgical sealants.

The company now has 15 staff, and exports more than half of its £1.1m turnover.

China Specialist Matthew Grandage said: “It's no surprise that there is a ready market for Tissuemed in China as western medical devices, drugs, and expertise are highly sought after, not least because of repeated breaches of trust in the domestic regulatory environment.

“For example, last year China's own Xinhua news agency reported that around 80%of approval applications for domestically- produced medicines at that time contained fraudulent clinical trial data.

"However, such weaknesses do not automatically guarantee export success. Good market entry always requires careful research and planning. 

“Tissuemed has gone about this prudently, securing their own intellectual property first, strategizing well, and identifying trustworthy distribution partners for the future - all tasks that Chamber International is glad to assist with."