Swan Medical Technology Devices (SMTD) Holding is a health care startup founded in 2021 in Tehran, Iran. SMTD focuses on controlling the business flow and commercial activities of its active branches in Iran's medical equipment industry. These include Darman Qalb Arya Co, Ltd, Tapesh Negar Shargh Ltd, Mehr Afarin Fidar Ltd, and Noavaran Ehya Qalb Iranian Ltd. Notably, Darman Qalb Arya Co, Ltd (DQA) is focused on the Coronary Intervention market and has exclusive contracts with top manufacturers globally to sell their products in Iran. Meanwhile, Tapesh Negar Shargh Ltd concentrates on cardiology products such as cardiovascular intervention devices, electrophysiology catheters, and cardiac rhythm management. As for Mehr Afarin Fidar Ltd, it aims to localize cardiovascular products in Iran and has an active manufacturing line dedicated to producing PTCA coronary Balloons in collaboration with Conic Vascular from Switzerland. Lastly, Noavaran Ehya Qalb Iranian Ltd focuses on expanding the network throughout Iran with active contracts in India and China on cardiovascular coronary products. SMTD Holding aims to expand its global connections and collaborations, specifically in Europe, leveraging its 15 years of experience in the industry. While the last investment and investors remain undisclosed, the startups' ambitious vision and established network position them for potential growth and expansion in the global medical market.
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