Their main product is based on High intensity focused ultrasound, or HIFU, which still remains largely an experimental treatment in the west. While FDA is still evaluate the overall safety and efficacy of the method, this company has already tested the technology on thousands of Chinese patients and they are posed to make millions. This is indeed a China unique phenomenon.
Wish them every success on Nasdaq. Hope they would spend the money raised on R&D to better the technology, making it really work.
