News Summary

• Poly Medicure Ltd (BOM:531768) was awarded Medical Device Provider of the Year 2025.
• The company is investing in R&D, with a 20% increase in spending, to develop high-end technology segments such as cardiology and critical care.
• International revenue saw a slight dip of 1% due to growth challenges in the European market and geopolitical uncertainties.
• The competitive intensity from Chinese companies in Europe has increased, affecting pricing and market dynamics.
• It will take 2-3 years to scale up significantly.