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Baird Medical Accelerates Global Commercial Roadmap through Strategic Partnership with Stonewood Key Capital

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Baird Medical (NASDAQ: BDMD) announced a strategic partnership with Stonewood Key Capital on Jan 26, 2026 to accelerate global commercialization of its minimally invasive Microwave Ablation (MWA) technology. The agreement designates the Hainan Free Trade Port as a hub for cross-border operations, supply chain activity, and more efficient capital allocation. The partnership leverages the Free Trade Port's policies on cross-border capital flows and personnel mobility and uses an integrated "Capital – Base-Service" ecosystem to support expansion into thyroid and other soft tissue applications.

The company framed the deal as a strategic operational pivot to deepen its global footprint and support clinical adoption of its MWA solutions.

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Market Reality Check

Price: $1.03 Vol: Volume 623,580 is 5.33x t...
high vol
$1.03 Last Close
Volume Volume 623,580 is 5.33x the 20-day average, indicating elevated trading activity ahead of this partnership news. high
Technical Shares at $1.03 are trading below the 200-day MA of $2.86 and sit close to the 52-week low of $0.9903, far from the $9.85 52-week high.

Peers on Argus

BDMD fell 8.85% while key medical device peers were mixed: ICAD up 3.48%, APYX u...

BDMD fell 8.85% while key medical device peers were mixed: ICAD up 3.48%, APYX up 2.06%, ICCM down 2.59%, NSPR down 5.26%, XTNT up 0.43%. With no peers in the momentum scanner and no same-day peer headlines, the move appears company-specific rather than sector-driven.

Historical Context

5 past events · Latest: Jan 20 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
Jan 20 Conference participation Positive -0.9% Participation at JP Morgan Healthcare Conference outlining 2026 strategic priorities.
Jan 07 Regulatory approvals Positive +3.9% New product registrations in Pakistan and Vietnam supporting global commercialization.
Dec 17 Manufacturing expansion Positive +2.2% Establishment of U.S. manufacturing base via partnership with MPS Medical.
Dec 08 Clinical training Positive -4.9% Advanced MWA training program for an Arizona endocrine surgeon with live cases.
Dec 03 Leadership change Positive +11.1% Appointment of experienced U.S. CEO to lead commercial expansion for MWA platform.
Pattern Detected

Recent BDMD news has generally been positive in tone, but price reactions have been mixed, with both aligned moves higher and occasional negative divergences after seemingly positive operational updates.

Recent Company History

Over the past few months, Baird Medical has focused on global expansion and U.S. commercialization. On Dec. 3, 2025 it appointed a seasoned U.S. CEO, with shares rising 11.11%. Subsequent updates highlighted U.S. manufacturing (Dec. 17, 2025, +2.19%), training initiatives in Arizona (Dec. 8, 2025, -4.91%), and new registrations in Pakistan and Vietnam (Jan. 7, 2026, +3.88%). A JP Morgan conference appearance on Jan. 20, 2026 saw a modest -0.87% move. Today’s partnership continues that global commercialization narrative.

Market Pulse Summary

This announcement describes a strategic partnership designed to use the Hainan Free Trade Port as a ...
Analysis

This announcement describes a strategic partnership designed to use the Hainan Free Trade Port as a hub for Baird Medical’s cross-border operations and capital allocation, supporting global commercialization of its microwave ablation technology. In recent months the company has emphasized U.S. leadership, manufacturing expansion, and new international registrations, suggesting a continued build-out of its commercial infrastructure. Investors may watch how this partnership translates into measurable adoption, revenue contribution, and execution against its broader global roadmap.

Key Terms

microwave ablation (mwa)
1 terms
microwave ablation (mwa) medical
"a market leader in minimally invasive Microwave Ablation (MWA) technology, today announced"
Microwave ablation (MWA) is a minimally invasive medical procedure that uses focused microwave energy to heat and destroy unwanted tissue, such as tumors or lesions, without open surgery. Think of it like using a tiny, precise microwave oven inside the body to remove a problem area; for investors, MWA matters because its effectiveness, safety, costs, and adoption influence demand for related devices, hospital procedures, reimbursement and potential market growth.

AI-generated analysis. Not financial advice.

NEW YORK, Jan. 26, 2026 /PRNewswire/ -- Baird Medical Investment Holdings Ltd. (NASDAQ: BDMD) ("Baird Medical" or the "Company"), a market leader in minimally invasive Microwave Ablation (MWA) technology, today announced a strategic partnership with Stonewood Key Capital, a wholly-owned comprehensive investment management enterprise from New Zealand. This collaboration positions the Hainan Free Trade Port as a pivotal hub for the Company's cross-border operations and supply chain, enabling more efficient capital allocation to accelerate the commercialization of its advanced medical solutions globally.

Formalized at an official signing ceremony, this agreement reinforces Baird Medical's market leadership and serves as a cornerstone of its growth strategy. By capitalizing on the Free Trade Port's advantageous policies regarding cross-border capital flows and personnel mobility, the Company secures a competitive operational framework designed to meet rising demand for minimally invasive therapies addressing thyroid and other soft tissue applications.

The partnership utilizes the region's integrated "Capital – Base-Service" ecosystem, empowering Baird Medical to deepen its footprint in the broader healthcare sector.

"This partnership represents an extension of our global vision rather than a mere geographic expansion," said Mrs. Haimei Wu, Chairwoman of Baird Medical. "By positioning the Free Trade Port as a critical pivot point connecting supply chain resilience with medical innovation, we are expanding our capabilities to drive clinical excellence worldwide. Our focus remains steadfast on empowering physicians and improving outcomes for patients seeking high-quality, minimally invasive care."

About Baird Medical

Baird Medical is a forward-thinking medical device company specializing in minimally invasive diagnostics and treatment. It is dedicated to the research and development of surgical robotic systems and innovative minimally invasive surgical instruments. Our mission is to enhance patient outcomes through precision technology and advanced diagnostic solutions. The company will foster strategic collaborations with leading academic institutions. Our vision extends beyond surgical assistance, aiming to develop intelligent systems that proactively guide diagnostic decisions and preventive healthcare strategies. As an FDA 510(k)-certified medical device company, Baird Medical's solutions have been used in over 30 prestigious hospitals and clinics across the United States, including Mayo Clinic, Tulane Medical Center, Columbia University Medical Center, UCSF Medical Center, Weill Cornell Medical Center, and The George Washington University Hospital. Baird Medical is also the market leader in China in thyroid microwave ablation devices and consumables. Meanwhile, the company's minimally invasive treatment products are gradually expanding their commercial presence in over 20 countries worldwide.

Forward-Looking Statements

This press release includes certain statements that are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to future events or Baird Medical's future financial or operating performance. In some cases, you can identify forward-looking statements by terminology such as "may", "could", "should", "expect", "intend", "might", "will", "estimate", "anticipate", "believe", "budget", "forecast", "intend", "plan", "potential", "predict", or "continue", or the negatives of these terms or variations of them or similar terminology. Forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Baird Medical and its management, are inherently uncertain. New risks and uncertainties may emerge from time to time, and it is not possible to predict all risks and uncertainties. You should not place undue reliance on forward-looking statements in this press release, which speak only as of the date they are made and are qualified in their entirety by reference to the cautionary statements herein. Baird Medical does not undertake any duty to update these forward-looking statements.

Actual results may vary materially from those expressed or implied by forward-looking statements based on a number of factors, including, without limitation: (1) the risk that Baird Medical may not be successful in expanding its business in China or the United States; (2) changes in general economic conditions; (3) regulatory conditions and developments; (4) changes in applicable laws or regulations; (5) the nature, cost and outcome of pending and future litigation and other legal proceedings instituted against Baird Medical or others; and (6) other risks and uncertainties from time to time described in the Registration Statement relating to the Business Combination and the transition report, including those listed under the sections titled "Risk Factors" therein, and in ExcelFin's other filings with the SEC. 

The foregoing list of factors is not exclusive. Additional information concerning certain of these, and other risk factors is contained in ExcelFin's most recent filings with the SEC and in the Registration Statement described above filed by Baird Medical in connection with its business combination with ExcelFin. All subsequent written and oral forward-looking statements concerning Baird Medical, the business combination described herein or other matters attributable to Baird Medical or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Baird Medical expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in their expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

Contact:
Eric Huang, PR Liaison
Baird Medical Investment Holdings Ltd.
Phone: +1 (888) 508-6228
Email: ir@bairdmed.com

 

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SOURCE BDMD

FAQ

What did Baird Medical (BDMD) announce on January 26, 2026?

Baird Medical announced a strategic partnership with Stonewood Key Capital to use the Hainan Free Trade Port as a hub for cross-border operations and commercialization of its MWA technology.

How will the Hainan Free Trade Port partnership affect BDMD's commercialization plans?

The partnership aims to enable more efficient capital allocation, streamline cross-border supply chain operations, and support global commercialization of MWA products.

What clinical applications does Baird Medical plan to target with this partnership?

The company intends to expand use of its Microwave Ablation technology for thyroid and other soft tissue applications.

Who is Stonewood Key Capital in the BDMD partnership?

Stonewood Key Capital is described as a wholly owned comprehensive investment management enterprise from New Zealand partnering with Baird Medical on cross-border operations.

Does the BDMD announcement include financial terms or guidance?

No specific financial terms, deal value, or earnings guidance were disclosed in the announcement.
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