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JPM: Standardization of Service Pricing for CN Surgical Robots Conducive to MEDBOT-B Commercialization Prospects
2026-01-22 10:51:55
China's National Healthcare Security Administration released on January 20 the Guidelines for the Establishment of Pricing Projects for Pathological Medical Services (Trial) and held a press briefing in Beijing, according to JPMorgan's report.

JPMorgan believes these guidelines will have a structurally positive impact on the Chinese surgical robot market, since they will establish a consistent pricing path while promoting the industry's transition towards a value-oriented and tiered reimbursement model.

The report highlighted MEDBOT-B (02252.HK)'s rally of about 15% on the day of the announcement amid the market's highly positive response, reflecting improved visibility of the company's reimbursement mechanism and a clearer commercialization path.

JPMorgan has given MEDBOT-B an Overweight rating and a target price of HKD42.
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