SINGAPORE and ANAHEIM, CA, USA. February 13, 2025 – Allwin Medical Devices Inc. (“Allwin”), a leading manufacturer of medical devices for women’s health (IVF), urology, gastroenterology and interventional radiology, has partnered with Esco Lifesciences Group, a global provider of life sciences equipment in the IVF market. Financial terms were not disclosed.

Strategic Partnership Rationale

• The IVF consumables portfolio of Allwin Medical will expand Esco’s instrument offerings, creating a complementary balance between consumables and incubators.
• IVF clinicians and embryologists using Allwin’s consumables or Esco’s time-lapse and standard incubators will gain access to a complete ART workflow solution.
• Allwin Medical’s strong presence in India provides Esco with an established base in one of the fastest-growing IVF markets.
• Allwin’s management team brings exceptional expertise in the IVF consumables market, enhancing innovation and customer outcomes.

XQ Lin, CEO of Esco, said, “Infertility impacts one in six couples. This partnership accelerates IVF innovation and supports our mission to make the world healthier, more equitable, and resilient.”

Dhiren Mehta, CEO of Allwin Medical, added, “By partnering with Esco, we’ll better serve global IVF clinics with high-quality ART solutions. With Allwin, we All Win!”

Advisors

Forvis Mazars served as financial advisor to Esco Lifesciences. IndusLaw and Finn Dixon & Herling LLP were legal advisors. Confluentia Advisors served Allwin Medical, with Khaitan & Co and Bryan Cave Leighton Paisner LLP as legal counsel.

About Allwin Medical

Allwin Medical, headquartered in Anaheim, CA, manufactures medical devices for IVF and urology, selling in 90+ countries via 100+ distributors. Founded in 2006 by Dhiren Mehta, it has shown consistent growth.

About Esco Lifesciences Group

Esco Lifesciences Group, based in Singapore, produces lab, pharmaceutical, bioprocess, and IVF equipment, serving 150+ countries with sustainable workflow solutions.