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Advanced MedTech Acquires WIKKON, a Shenzhen Urology Device Maker

publication date: Sep 13, 2022

Singapore’s Advanced MedTech Holdings (AMTH) acquired a majority interest in WIKKON, a Shenzhen company that develops urology products and shock wave therapy devices for kidney stones. WIKKON focuses on urological and orthopedic conditions, erectile dysfunction and joint, muscle or tissue pain along with kidney stones. Both companies claim a major share for exterior kidney stone devices in their own markets. AMTH, a wholly owned subsidiary of Singapore’s Temasek, was spun out of Accuron Technology in 2019. It expects to acquire the rest of WIKKON by the end of 2022. The purchase price was not disclosed. More details....

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