
SensoDetect and Beijing Haierxi Medical Technology Co., officially register Mind Exploration Medical Technology Co., Ltd in China
On 5 December 2024 SensoDetect AB (publ) ("SensoDetect") and Beijing BHMT Medical Technology Co., Ltd. ("BHMT") entered into a Joint Venture Agreement where the parties agreed to establish a joint venture company in China. 2025 03 26 SensoDetect established Shengde Medical Technology Co., Ltd. ("Shengde") in Shenzhen, China. On the 5 of March 2025 Shengde and BHMT, as shareholders, have jointly established the new company Beijing Mind Exploration Medical Technology Co., Ltd. This marks the start of a collaboration in which Sensodetect AB, in accordance to the above mentioned Joint Venture Agreement, will start receiving license fees of a minimum of 3,4MSEK for the first 12 months and a minimum of 4,8MSEK per year until NMPA approval. After commercialization a percentage profit share will be applied for a market valued at 9BSEK.