Bring together "sophisticated", high-quality development and then add "strong engine". On April 26, the foundation stone of Medtronic Comfort Changzhou Science and Technology Park project was laid in Changzhou High-tech Zone. Medtronic Global Chairman and CEO Jeff Massa, Medtronic Global Senior Vice President and President of Greater China Gu Yushao, Vice Governor Fang Wei, Director of Provincial Government Foreign Affairs Office Sun Yi and Vice Mayor Huan Heng attended the event.

Medtronic is one of the world's leading medical technology companies and a Fortune 500 company. Medtronic Comfort Changzhou base has international advanced machining equipment, representing the leading level of orthopedic manufacturing in China. In 2022, Medtronic Comfort and Changzhou National High-tech Zone signed a strategic investment cooperation agreement to jointly build Medtronic Comfort Changzhou Science and Technology Park, which integrates the dual functions of Medtronic global supply chain regional base and Comfort Medical global headquarters, and improves the construction of intelligent manufacturing center, research and development center, innovation incubation center and innovation experience center. To create a highland of orthopedics and neurosurgery industry radiating the Yangtze River Delta.

Jeff Massa said in his speech that the cooperation with Changzhou High-tech Zone is an important step for Medtronic's investment in China, Jiangsu and Changzhou have always been an important strategic base for Medtronic's development in China, and Medtronic will firmly practice China's localization development strategy and help build a healthy China with innovative medical technology.

Vice Governor Fang Wei said that more than 390 of the world's top 500 companies have settled in Jiangsu, and the province has more than 40,000 foreign-invested enterprises. The pharmaceutical industry is a key strategic industry in Jiangsu. It is hoped that Medtronic Group will take the construction of the Science and technology park project as a new starting point, deploy more innovative resources and high-quality projects in Jiangsu, deeply participate in the new practice of Chinese-style modernization in Jiangsu, and jointly write a new chapter of mutual benefit and win-win. The relevant departments of provinces and cities will take the initiative to connect, provide more accurate and efficient services, and fully support the project to accelerate construction.

Relying on a good industrial foundation and upstream and downstream industry collaboration ability, Changzhou has become an important production base for orthopedic implant devices in the world, gathering well-known enterprises such as Comfort, Chuangsheng, Osmai and Baomet. Relying on Medtronic Comfort Changzhou Science and Technology Park, an innovation incubator focusing on orthopedics and neurosurgery will also be established to open up industry-university-research medical research and promote academic exchanges and collaborative innovation.