In order to accelerate the scientific and technological cooperation between Baird Medical and Xiamen Institute of Rare Earth Materials, Herwest Institute of Chinese Academy of Sciences, better allocate resources and give full play to the advantages of both sides in their respective fields. On December 26, 2019, the two sides officially established a scientific research cooperation platform to jointly research and develop the application of rare earth biomedicine in the field of microwave ablation. Baird Medical  expects to continue to invest $20 million in research funding. This cooperation will play an important role in promoting the development of microwave ablation field for Baird Medical. 

Xiamen Institute of Rare Earth Materials, Hercyan Institute of Chinese Academy of Sciences, Xiamen Municipal People's Government, Xiamen Tungsten Co., LTD., jointly built the internationally influential southern rare earth materials research and development center, the national first-class rare earth materials industrialization base. Covers an area of 97 acres, the total construction scale of about 110,000 square meters.

Baird Medical is a group company integrating research and development, production and sales of minimally invasive tumor products. Its customers are all over the country and enjoy a good reputation and reputation among clients at all levels. The group actively responds to the national medical reform policy, develops its own brand, adheres to the line of production, university and research, and integrates innovation closely to clinical needs. Minimally invasive tumor treatment products: microwave, nanoknife, laser and other ablation products as the core; With thyroid, breast and uterine fibroid diseases as the entry point, we are committed to becoming a leader in the field of minimally invasive cancer.

In line with the principle of complementary advantages, the two sides jointly build the "Xiamen Institute of Rare Earth Materials, Herwest Institute of Chinese Academy of Sciences - Baird Medical-Rare Earth Biomedical Joint Laboratory (or Engineering Center)" (proposed name), and jointly set up various research and development groups or experimental institutions to carry out scientific and technological research and development work. At the same time, a high-level exchange mechanism will be established to carry out regular exchanges between senior leaders of the two sides. Exchange and training of professional talents; Baird Medical will hire personnel from Xiamen Institute of Rare Earth Materials, Herwest Institute of Chinese Academy of Sciences, as scientific and technological consultants to provide technical guidance to the enterprise.

"Research and Development of tumor accurate thermal ablation technology based on near-infrared second-zone rare earth nanoprobes" is the first project developed by Baird Medical  after establishing a strategic cooperative relationship with Xiamen Institute of Rare Earth Materials, Herwest Institute of Chinese Academy of Sciences. This project can realize the ablation range of tumor cells by developing rare earth nanoprobes with high near-infrared second-zone luminescence efficiency: inactivation degree and accurate imaging, further guiding tumor thermal ablation and achieving accurate tumor treatment.

The establishment of this research cooperation platform marks an important new stage in the business development of Baird Medical which will bring treatment benefits to more cancer patients. Xiamen Institute of Rare Earth Materials, Herwest Institute of Chinese Academy of Sciences, has the country's leading scientific research and development technology, combined with the advantages of Baird Medical in technology industrialization, I believe it can better serve the needs of patients.