MAXIMA BIOTECHMaxima Biotech · Investor Relations Public · Investors 中文EN
Milestones & Timeline

Since 2019:
R&D, commercialisation, scale-up — three stages

Achievements to date, what is in progress and due next, the candidate ceilings on launch timing, and the risks that move that timing.

Dates marked "expected" are set by a regulator or third party and are not within our control; where an outcome is unknown, it must not be read as a clearance or launch date.

01 Achieved

Three stages to today

R&D2019–2021
Founded in 2019, launching development of the ultrasonic dissecting system — feasibility assessment completed and key technical breakthroughs achieved. In 2020 the Ministry of Science and Technology approved our entry into the Central Taiwan Science Park; the quality system was established and ISO 13485:2016 certification obtained. In 2021 we were admitted to the Emerging Stock Board (7608) — the first step into the capital market — and obtained TFDA GMP 1830 the same year.
Commercial2022–2024
In 2022 the first-generation product (Gen 1) obtained TFDA market licences (7356, 7518), shipped in Taiwan, with contract manufacturing guided through Hualien Jiatai Enterprise. In 2023 revenue doubled and gross margin turned from negative to positive, proving profitability. In 2024 Taiwan market share passed 10%, gross margin reached 39%, and the Central Taiwan Science Park R&D centre broke ground.
Scale-up2025+
In 2025 we acquired the channel subsidiary "Kang De Biomedical"; the Science Park R&D centre was completed. In 2026 we entered volume production: the Central Taiwan Science Park plant produces the first-generation system, while Qisda produces the second-generation system. In the same year Gen 1.5 obtained TFDA clearance and launched — the only curved-jaw cordless system whose battery can be sterilised directly; Gen 1 extended shipments to Mongolia. Cumulative clinical use stands at >7,000 cases across 80 hospitals, 20 medical centres and 9 specialties.
CategoryHow this category got here
The first wired ultrasonic dissector appeared in 1988 (UltraCision, later acquired by Ethicon / J&J); the first cordless device was cleared in 2011 (Covidien / Medtronic, FDA 510(k) K101797). Maxima is the team that followed — the second to commercialise a cordless ultrasonic dissector.
02 Near term

What happens next

01Gen 1.5 surgeon trials and channel conversion
Surgeon trials run in late October; hospital code registration and inventory conversion continue.
02Gen 2 510(k) (K263177)
The Gen 2 (MAXXONIC) filing K263177 was submitted on 2026-09-11; substantive interaction is expected 2026-11-10, with final decision expected 2026-12-10.
03Gen 2 EU MDR (BSI audit)
Contracted with the notified body BSI; the quality management system (QMS) audit is scheduled for 1–3 December 2026.
04After the 510(k): 26 markets can file on an accelerated route
Once Gen 2 receives its 510(k), the following markets can file on an abridged or reliance route built on an existing clearance — without starting a full review from scratch in each country.
(i) 13 markets whose authority expressly accepts reliance on a US 510(k): Taiwan, Singapore, Sri Lanka, Kenya, Kuwait, Pakistan, Nigeria, Mongolia, Canada, Mexico, Peru, Malaysia, Morocco.
(ii) 13 markets that accept a reference-country approval (incl. GHTF founding members) to reduce the dossier: South Korea, Saudi Arabia, United Arab Emirates, Israel, Hong Kong, China, India, Chile, Philippines, Thailand, Türkiye, Kazakhstan, Brazil, Mainland China.
All 26 are markets where G1 (patents) is already clear (16 traceable to an official source, 10 secondary and pending confirmation); actual applicability and timing rest with each authority.
05B2B / CDMO / private-label partnerships
Continually in progress — not a single dated event, and not expressed as "expected on" any date. Three tracks are running in parallel, each gated on a different precondition. The table below shows what each track is waiting on, not a completion date:
Counterparty
Scope
Currently waiting on
Meeting status
Intuitive
da Vinci surgical robot
da Vinci instrument programme (robot-compatible instruments)
1. 510(k) clearance
2. Tissue-detection provisional filing
4th meeting
B. Braun
(Aesculap)
Private-label / distribution programme
1. CE (EU MDR) certification
2. Patent FTO completion
3rd meeting
Medtronic / J&J
Gen 1.5 full market entry in Taiwan
+ tissue-detection provisional filing
Both workstreams in parallel (still at proposal stage)
1st proposal
How to read this: substantive progress begins only after the preconditions are met, so a rising meeting count means active engagement — it does not mean a signed agreement or a committed timeline. The tissue-detection provisional is a priority filing and a technical protection step, not a product-launch milestone.
03 Market priority

59 markets: where we go first, and why

S1First priority — 8 markets, launched on 510(k) clearance
Markets where all three conditions hold — G1 patents clear, the route accepts 510(k) reliance, and a channel is named: Singapore, United Arab Emirates, Canada, Israel, Malaysia, Saudi Arabia, India, Mexico. These are the first batch of the 26 markets in item 04 above; the remaining 18 follow as their conditions are met. The fastest is Singapore (3-9 months), the longest 18 months, in each case as the local authority decides.
S2Prepared in parallel — 29 markets
Patents clear and the regulatory route mapped, but these do not draw on first-priority resources. 13 of them (Switzerland, Belgium, Czechia, Denmark, Spain, Finland, Greece, Ireland, Italy, Netherlands, Poland, Portugal, Sweden) proceed through the CE / EU MDR system, separately from the 510(k) track — two regulatory lines running in parallel, so the work does not pile up behind one single clearance.
S4Blocked by patents — 5 markets, opening 2028-12-01
Austria, Australia, Germany, France, United Kingdom still hold originator-maintained patents; all five open on the same date, 2028-12-01.
SXRuled out — 2 markets
United States: the Gen 2 510(k) filing declares that we will not enter the US market — that 510(k) is a passport for accelerated clearance elsewhere, not a ticket to the US. Mainland China: a Class III registration of 12–24 months, and even then hospital sales require winning a provincial alliance tender; not in the launch sequence at this stage.
04 Timing and risks

What sets the timing, and what would move it — the full risk picture

The following are facts existing as at the baseline date 2026-10-11, together with their character — each traceable to a public or official source. This is not a forecast of outcomes and contains no Company assessment of how high or low any risk is. Anything forward-looking is not a commitment.

RegulatoryClearance timing is not ours to set — and it cascades
The 510(k) decision and the EU MDR audit outcome rest with the authority and the notified body. Scheduled dates may move with additional information requests, queries or audit findings — scheduled is not obtained. The final decision on Gen 2 K263177 is expected 2026-12-10; the accelerated filings in the 26 markets and the launch of the 8 S1 markets in section 02 all presuppose that clearance — if it slips, both slip with it.
Patents7 markets remain blocked
Patent clearance fails in 7 markets (AT / AU / DE / FR / GB / JP / US) as at 2026-10-09. For 5 of them the blocking date is the same, 2028-12-01; the United States is excluded by declaration made in the Gen 2 510(k) filing, and Japan's candidate ceiling is 2032-04-16 (previously listed as design-around under assessment; reclassified as FAIL by ruling on 2026-10-21). While those rights subsist, these seven markets are outside the addressable range.
ScopePASS has a boundary
A patent-clearance PASS means only that no blocking right was found within the scope searched — not that the country has no third-party patents; the public label is therefore a pass with scope limited. Where liveness passes, third-party patents still require separate search.
PaceStep by step, not all at once
Our people and capital are finite, so we do not cast the net everywhere at once — markets are advanced in batches by priority, one step at a time. This is the risk-controlled approach; it also means each market's actual entry timing depends on its priority and on resource allocation at the time, rather than on a single date.
CeilingNature of the patent ceiling
The Gen 2 patent candidate ceiling of 2028-12-01 carries meaning only for markets affected by those rights. It is not a single global launch date and does not apply to markets where patents are already cleared.