Vincent Medical Holdings Limited (“Vincent Medical” or together with its subsidiaries, the “Group”, stock code: 1612), a global respiratory medical device and consumable supplier, is responding to the latest wave of COVID-19 pandemic in India.
The healthcare system in India is facing an unprecedented challenge as a result of the recent wave of COVID-19 pandemic. In response to the situation, Vincent Medical is actively promoting and delivering its respiratory devices and consumables to those in need through the support of its local partners, while also partnering with agencies and NGOs in facilitating the sourcing of medical aids and respiratory devices for India.
In mid-May 2021, Mr. Arvind Kejriwal, the Chief Minister of Delhi (second from the left of the photo below) visited the Ramlila Maidan ground COVID care facility, and learnt about the Group’s inspiredTM O2FLO, the high flow respiratory humidifier that delivers warmed and humidified respiratory gases to spontaneously breathing patient.
By leveraging its expansive product range and wealth of experience in the respiratory area, the Group was able to gain market share in India (accounted for 6.2% of the Group’s 2020 revenue). In the first 5 months of 2021, revenue generated from India reached HK$12.7 million, significantly surpassing the revenue level in the first half of 2020 (HK$6.9 million).
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