other material
confidence high
sentiment positive
materiality 0.65
Agape ATP partners with Formedic to launch LEGA respiratory care device
Agape ATP Corp
- Collaboration agreement signed Sept 25, 2024, to introduce LEGA, an electronic chest percussion device for airway clearance.
- LEGA assists patients with COPD, pneumonia, bronchiectasis; close to 2,000 units already used in major hospitals in Malaysia and globally.
- Respiratory care market estimated at USD 25.95 billion in 2024, projected to reach USD 49.84 billion by 2031.
- Partnership expands ATPC into healthcare technology, diversifying its wellness portfolio with a proven medical device.
- Joint R&D and marketing strategies to target hospitals, rehabilitation centers, and home users globally.