Medical Technology Transfer and Services (MTTS)

What Medical Technology Transfer and Services (MTTS) does

Medical Technology Transfer and Services (MTTS) is a Vietnam-based, for-profit social enterprise founded in 2004 that designs and manufactures affordable medical devices for neonatal care in low-resource hospitals. The company is privately held as MTTS Co., Ltd., headquartered in Hanoi, with a small team of 1–10 employees. Co-founders Gregory Dajer and Nga Tuyet Trang operate the company with an explicit mission to reduce preventable neonatal mortality. The product portfolio, marketed under the LifeKit brand, addresses approximately 75% of preventable neonatal death causes and includes the Impala ventilator, Dolphin bubble CPAP, Beluga T-piece resuscitator, Firefly and Colibri phototherapy units, Wallaby and Otter infant warmers, Koala infant bed, and 4meter integrated monitoring device. MTTS also sells the LAVO hand sanitizer for infection prevention in healthcare settings.

The underlying technology emphasizes cost-efficiency, ease of use, and durability in challenging environments rather than cutting-edge electronics. Devices feature thoughtful design choices such as the Firefly's dual-sided high-power LEDs with transparent gel mattress, the Beluga's integrated electronic control valve and oxygen blender, and the 4meter's consolidation of four measurement functions into one unit. The company derives revenue primarily through one-time hardware sales of these devices, supplemented by professional training services delivered through the MTTS Academy. Pricing is not publicly disclosed and products are sold globally through a network of trained distributors who assist healthcare facilities with selection and replacement.

MTTS sells into hospitals and healthcare facilities in low-resource countries as its primary vertical, with marketing reach built on earned media (PBS, CNN, TED, DW, WEF) and validation from global health institutions including WHO, the Schwab Foundation (2017 Social Entrepreneur of the Year), Business Call to Action, Grand Challenges Canada, and Wellcome Trust. Technology partnerships with Masimo and Design That Matters support specific product capabilities. There is no disclosed revenue, no funding rounds, no parent company, and no public listing, leaving scale undisclosed.

Name

Medical Technology Transfer and Services (MTTS)

Legal name

MTTS Co., Ltd.

Website

https://mtts-asia.com

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

1–10 employees

Short description

Vietnam-based medical device company (founded 2004) designing affordable neonatal care equipment under the LifeKit brand — including ventilators, CPAP, phototherapy, warmers, and resuscitators — for hospitals in low-resource countries, sold through a global distributor network and accompanied by clinician training.

Ownership category

akta.pro rank

Headquarters

HQ city

Tuy Hòa

HQ country

Vietnam

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Technology or R&D, Supply Chain, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Medical Device Sales: Sale of neonatal medical devices including ventilators, CPAP machines, phototherapy units, infant warmers, and resuscitation equipment to healthcare facilities in low-resource countries
2. Hand Sanitizer/Hygiene Products: Sale of LAVO hand sanitizer and infection prevention products in various sizes (400ml dispenser, 10L, 20L containers) to hospitals
3. Academy Training Services: Training services for healthcare professionals on proper use and maintenance of medical devices

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels2 records

Core offering

MTTS designs, manufactures and sells the LifeKit suite of affordable neonatal medical devices — including ventilators (Impala), bubble CPAP (Dolphin), T-piece resuscitators (Beluga), dual-LED phototherapy units (Firefly, Colibri), infant warmers (Wallaby, Otter), a multi-function 4meter/Lightmeter, the Koala infant bed, and the LAVO hand sanitizer. These products are targeted at hospitals and clinics in low-resource countries and are accompanied by training services via the MTTS Academy.

Product overview

LifeKit by MTTS is a comprehensive suite of neonatal care medical devices designed for low-resource settings. The product portfolio includes respiratory support devices (Impala Ventilator, Dolphin CPAP, Beluga Resuscitator), warming systems (Wallaby Warmer, Otter Warmer), jaundice management (Firefly Phototherapy, Colibri Phototherapy), monitoring equipment (4meter/Lightmeter), infant beds (Koala Infant Bed), and infection prevention products (LAVO Hand Sanitizer). LifeKit addresses approximately 75% of preventable neonatal deaths through these affordable, cutting-edge technologies that are easy to operate. The company also maintains several discontinued legacy products (CPAP V3, Phototherapy V3000, Warmer V1).

Differentiator

Problem solved

Functional benefit

Brands

• LifeKit: A comprehensive suite of technologies for neonatal care, including CPAP machines for respiratory distress syndrome and phototherapy machines for neonatal jaundice.
• Impala
• Beluga
• Dolphin
• Firefly
• Colibri
• Wallaby
• Otter
• Koala
• LAVO

Products and services

• Impala Ventilator Modern mechanical ventilator designed for hospitals in low-resource settings to provide respiratory support for patients with COVID-19 and other conditions requiring ventilation.
• Beluga Resuscitator T-piece neonatal resuscitator with electronic control valve and integrated oxygen blender, used for neonatal resuscitation in low-resource hospitals.
• Dolphin CPAP Next-generation bubble CPAP machine used with spontaneously breathing infants who require respiratory support, part of the LifeKit neonatal care portfolio.
• Firefly Phototherapy Phototherapy device for treatment of neonatal jaundice combining top and bottom lighting with long-life, high-power LEDs and a transparent gel mattress for patient comfort.
• Colibri Phototherapy Phototherapy device designed for use in combination with any radiant warmer, infant bed or incubator for neonatal jaundice treatment.
• Wallaby Warmer Technologically advanced infant warmer used to restore, stabilize and control the temperature of newborn babies in low-resource hospitals.
• Otter Warmer Infant warmer device for neonatal temperature management and stabilization in hospitals.
• 4meter / Lightmeter Multi-function measuring device that combines a light meter, oxygen analyser, flow meter and manometer in one unit, used to monitor and service neonatal care equipment.
• Koala Infant Bed Specialized infant bed used in neonatal care settings for safe handling and positioning of newborns.
• LAVO Hand Sanitizer Next-generation hand sanitizer for infection prevention in healthcare settings, containing alcohol, chlorhexidine gluconate and glycerin; available in 50ml, 400ml, 10L and 20L formats.

Quantifiable outcome

• LifeKit treats 75% of preventable neonatal death causes

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• World Health Organization (WHO)coreStrategic or Co-development PartnerWHO has featured MTTS/Firefly device in compendium of new and emerging health technologies, validating the company's contribution to global neonatal health
• Schwab FoundationcoreStrategic or Co-development Partner2017 Schwab Foundation Social Entrepreneur of the Year award recognizing social impact in neonatal care
• Business Call to ActioncoreStrategic or Co-development PartnerActive member of Business Call to Action initiative, committing to sustainable business practices
• Grand Challenges CanadaminorStrategic or Co-development PartnerPartner organization supporting global health innovation
• Cordes FoundationminorStrategic or Co-development PartnerFellows program participant supporting social entrepreneurs
• Wellcome TrustminorStrategic or Co-development PartnerListed in Wellcome's affordable healthcare projects directory
• Ministry of Health VietnamcoreStrategic or Co-development PartnerLAVO hand sanitizer approved by Ministry of Health Vietnam (VNDP-HC-700-08-13) for healthcare use

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Masimo: A direct peer and named technology partner of MTTS; Masimo is a global leader in patient monitoring (pulse oximetry, neonatal sensors) and overlaps directly with MTTS's 4meter (oxygen analyser, flow meter) and neonatal-care positioning.
• Atom Medical: Japanese specialist manufacturer of neonatal and infant care equipment (incubators, warmers, phototherapy, CPAP); the closest pure-play direct peer to MTTS in the neonatal medical-device niche.
• Inspiration Healthcare: UK-based specialist in neonatal intensive care and patient warming devices; offers comparable ventilatory support, warming, and phototherapy products to MTTS's LifeKit suite.

Broad incumbents

• Philips (Royal Philips): Broad incumbent that markets neonatal/incubator, phototherapy, and patient-monitoring solutions globally; competes with MTTS across overlapping product categories in hospitals, but at much higher price points.
• GE HealthCare: Large incumbent in neonatal care (Giraffe warmers, phototherapy, infant care solutions) and broader patient monitoring. Serves hospitals worldwide with a portfolio that overlaps MTTS's LifeKit categories.
• Dräger: Incumbent specializing in neonatal ventilation, resuscitation, and warming (e.g., Babyleo, Resuscitaire); directly comparable to MTTS's Impala, Beluga, and Wallaby/Otter product lines.
• Fisher & Paykel Healthcare: Global leader in respiratory care and humidity/CPAP solutions; competes in neonatal respiratory support adjacent to MTTS's Dolphin CPAP and neonatal ventilation offerings.
• Natus Medical: Provider of neonatal-care and neurodiagnostic devices (e.g., warmer/phototherapy, screening); overlaps with MTTS's neonatal warming, phototherapy, and resuscitation categories.
• Vyaire Medical: Global respiratory-care device company (ventilation, resuscitation, neonatal respiratory support); directly comparable to MTTS's ventilator and resuscitator products.

Regional players

• Phoenix Medical Systems: India-based manufacturer focused on affordable neonatal care equipment (warmers, phototherapy, CPAP, infant resuscitators); the closest geographic/category analog to MTTS for emerging-market neonatology.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/mtts_asia
• Facebookfacebook.com/mtts.asia
• LinkedInlinkedin.com/company/mtts-asia

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Medical Technology Transfer and Services (MTTS)