北京时间2026年2月5日，启明创投投资企业、中国本土创新医疗器械领军企业北芯生命成功登陆科创板。北芯生命（688712.SH）发行价为17.52元/股，开盘价50.31元/股，市值209.8亿元。
2020年，启明创投领投了北芯生命的C轮融资，并在D轮融资中继续支持公司的发展。IPO前，启明创投持有北芯生命超6%的股份，是公司主要机构投资方之一。
启明创投合伙人张奥（左）和启明创投执行董事毛硕（右）在上市仪式现场
北芯生命成立于2015年，致力于推出满足临床真实需求的创新产品和服务，领航心血管精准介入解决方案。公司是国内首家拥有血管内功能学血流储备分数（FFR）及影像学血管内超声（IVUS）产品组合的国产医疗器械公司，填补了国内市场的空白并改写了中国冠状动脉疾病临床精准诊断完全依赖进口产品的局面。
自成立以来，北芯生命根据心血管疾病诊疗临床需求和前沿技术发展持续布局了冠状动脉疾病、外周血管疾病及房颤等领域，现已累计向市场推出11个产品，在研产品共有6个，覆盖IVUS 系统、FFR 系统、血管通路产品、冲击波球囊治疗系统及电生理解决方案五大产品类别。
其中，公司核心产品IVUS系统是中国首个获批的自主创新60MHz高清高速国产IVUS产品和首个在海外获批上市（欧盟MDR）的国产IVUS产品，上市后即取得国产第一的市场份额并降低了国内市场的进口依赖；核心产品FFR系统是金标准FFR 领域内中国首个获批的国产产品和首个在海外获批上市（欧盟MDR）的国产FFR产品，被国家药监局评价为“属于国际领先、国内首创、填补了我国在金标准血流储备分数测量技术领域的空白”，上述两款产品有望为精准指导经皮冠状动脉介入治疗（PCI）手术临床实践带来变革。
北芯生命创始人、董事长兼CEO宋亮表示：“北芯生命自成立以来，始终秉承‘用创新和品质改善生命健康’的使命，致力于领航心血管智能化精准介入解决方案。通过满腔热情和日夜兼程，填补了中国医疗器械产业领域中技术壁垒最高、产业链条最长的高性能心血管精准介入器械版块的空白。未来，我们将继续坚守心血管精准介入的创新前沿、坚持以临床为中心、追求极致品质，向世界传递中国创新的强劲力量。”
启明创投合伙人张奥表示：“北芯生命团队既有对心血管介入领域技术创新的深耕坚守，也展现出以差异化产品填补国内空白的硬核实力——这种‘技术定力+产业落地’的双重特质，让我们坚信其能在创新医疗器械领域持续突破。此次北芯生命成功IPO，不仅是对国产心血管创新器械发展路径的重要验证，更展现出中国医疗创新全球竞争力在快速崛起。启明创投相信中国的临床经验、工程师团队和创业精神，加上中国的供应链优势，可以培育出一代具有全球竞争力的创新医疗器械产品。我们希望有机会陪伴这样的企业家，赋能这些优质的产品，共同打造源自中国的伟大的医疗器械公司。”
Leading Chinese Innovative Medical Device Maker Insight Lifetech Has Successfully Listed on STAR Market
Insight Lifetech, a portfolio company of Qiming Venture Partners and a leading Chinese innovative medical device manfaucturer, successfully listed on the Shanghai Stock Exchange’s STAR Market on February 5, 2026 Beijing time. Insight Lifetech (688712.SH) issued shares at a price of CNY17.52 per share and opened at CNY50.31 per share with a market capitalization of CNY20.98 billion.
Qiming Venture Partners led the C round financing of Insight Lifetech in 2020 and continued to fund the company’s development in the D round. Before the company’s IPO, Qiming Venture Partners held a more than 6% stake in Insight Lifetech and was one of its major institutional investors.
Founded in 2015, Insight Lifetech is dedicated tondeveloping innovative solutions with the potential to transform precision diagnosis and treatment of cardiovascular diseases. The company is the only domestic medical device company in China with a product portfolio in both precision intravascular physiology and imaging, including the first and only domestic fractional flow reserve (FFR) system approved by NMPA in China, and intravascular ultrasound (IVUS) system, which was the first domestic IVUS system to have entered clinical trialsand completed patient enrollment.
Since its establishment, Insight Lifetech has continuously invested in the fields of coronary artery diseases, peripheral vascular diseases, and atrial fibrillation based on the clinical needs of cardiovascular disease diagnosis and the development of cutting-edge technologies. It has now brought 11 products into the market and has more products under development in diverse categories, including IVUS system, FFR system, vascular access products, and electrophysiological solutions, etc..
The company’s core product, the IVUS system, is the first independently-developed 60MHz high-definition high-speed IVUS product approved in China and the first China-made product approved by CE MDR. The product gained the largest market share in China and reduced the country’s dependence on imported products immediately after coming into the market. The FFR system, another core product of the company, is China’s first approved domestically-made product in FFR field and the first China-made product approved to to overseas (by CE MDR). The two products are expected to help enhance the clinical practice of precision-guided percutaneous coronary intervention (PCI) surgeries.
Song Liang, Founder, Chairman & CEO of Insight Lifetech stated，"Since establishment, Insight Lifetech has consistently adhered to the mission 'To transform healthcare through innovation and quality', dedicating to innovating intelligence-powered precision cardiovascular intervention. With unwavering passion and relentless effort, we have filled a critical gap in China’s medical device industry—a sector characterized by the highest technological barriers and the longest industrial chain: high-performance precision cardiovascular interventional devices.
Moving forward, we will continue to hold our position at the forefront of innovation in precision cardiovascular intervention, remain clinically focused, pursue uncompromising quality, and demonstrate the robust power of Chinese innovation to the world. "
"Insight Lifetech is deeply committed to transfer clinical insights and technological capabilities to innovative and differentiated ntherapies in the cardiovascular intervention field, for the benefits of patients and physicians, worldwide. The dedicated team convinced us that it can make continuous breakthroughs in the field of innovative medical devices. The successful IPO of Insight Lifetech is not only an important verification of the development path of domestic cardiovascular innovative medical devices, but also demonstrates the rapid rise of China’s global competitiveness in medtech innovation. Qiming Venture Partners believes that China’s clinical experience, engineering capabilities, and entrepreneurship as well as advantages in supply chains can cultivate a generation of innovative medical device products which are competitive worldwide. We hope to work with ambitious entrepreneurs, to develophigh-quality products, and to co-build great medical device companies from China," Oscar Zhang, a partner of Qiming Venture Partners, said.
（转自：启明创投）
