The Chinese Start-Up Advancing Life Support Tech
magAssist is driving innovations in cardiovascular health with their pioneering life support systems. We sat down with founder and CEO Dr. Polin Hsu to talk about the story behind her million-dollar MedTech start-up.
In 2022, magAssist was honored by Fortune China as one of the most influential start-ups in China. Dr. Polin Hsu was also included on Fortune China’s 40 Under 40 list of influential individuals and named one of the “Most Influential Businesswomen”.
Dr. Hsu developed a determination to save people’s lives when she was a student. While studying at Cambridge University and RWTH Aachen University for a double doctorate degree, she devoted herself to the research and development (R&D) and in-depth theory of cutting-edge, minimally invasive artificial heart design.
Her return to China alerted her to the pressing demand for life support devices in the country, redoubling her focus on her artificial heart systems research. In 2017, Dr. Hsu decided to start her own business developing new products to benefit patients with heart failure. magAssist was founded with one goal: to develop medical devices for doctors as a last line of defense for patients with acute or severe illnesses.
After three long years of R&D, their commitment and persistence paid off. magAssist’s first project, MoyoAssist®, an extracorporeal ventricular assist device (extra-VAD), was first used in clinical trials in June 2021. The following year, MoyoAssist® was applied in minimally invasive intervention cases, a first-of-its-kind procedure in China. The device provides patients with more options for clinical treatment, helping to reduce complications and improve post-operative recovery.
“The R&D and production of life support devices like artificial hearts, extracorporeal membrane oxygenation (ECMO) and organ care systems are critical to medical advances and healthcare developments in China,” shared Dr. Hsu.
“We’re truly impressed and inspired by the disruptive ideas of other winners who are using technologies to create a positive impact in their communities. At magAssist, we hope our work will help more patients in China and around the globe for a better, healthier world.”, she added.
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