GMDA Solidifies Access to India's Top 5 MedTech Distribution Channels, Creating a Powerful EU-India Commercial Bridge
MARKET EXPANSION
Leveraging CEO Dr. Peter Velev’s strategic position as President of the Bulgarian-Indian Chamber of Commerce, GMDA has officially integrated India’s top five medical device distribution networks into its core commercialization platform. This milestone empowers GMDA’s partners from Silicon Valley and Asia to execute simultaneous, highly scalable market entries into both the €140B European market and India’s hyper-growth healthcare sector.
The partnerships span across India’s most critical healthcare distribution networks, including national distributors serving government hospitals, private hospital chain procurement systems, regional specialty distributors, and emerging e-procurement platforms. This comprehensive channel coverage ensures that GMDA’s portfolio companies can achieve rapid, nationwide market penetration from day one.
GMDA Leadership Hosts “Asia-Europe MedTech Commercialization Summit” in Taiwan
To solidify the strategic bridge between Asian medical innovation hubs and global markets, the GMDA executive leadership team hosted an exclusive commercial summit in Taipei, Taiwan. During the summit, CEO Dr. Peter Velev demonstrated the power of CredoWeb — our proprietary digital healthcare platform — to secure procurement channels with European physicians.
Concurrently, CSO Dr. Joe Tai showcased GMDA’s formidable global intellectual property strategy and world-class partnership network, featuring industry giants such as Novartis, Pfizer, Merck, and Bayer, laying the groundwork for rapid European expansion.
