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Mexico: Medtronic seeks opportunities in the local market

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08-Feb-16 Medical device manufacturer Medtronic has confirmed plans to promote its products and expand its presence in the Mexican market. Medtronic operates six factories in the country, although its devices are not commercialised in Mexico as patients and professionals are not familiar with their usage, which is a challenge for the company. [image: Medtronic]

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Brazil's 'broken' healthcare system

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05-Feb-16 The public health system run by Rio de Janeiro's state government reached breaking point at the end of 2015 after authorities admitted to a budget shortfall, which was blamed on a drop in oil revenue. But Rio's doctors' union, SinMed, and the state's Regional Medical Council also suggested that public funds had been misused. [image: Priscilla Moraes / Al Jazeera]

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Global healthcare industry to grow at 4.3%

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05-Feb-16 The global healthcare industry is estimated to grow at 4.3% from 2016 to 2019, according to Deloitte. The Middle East & Africa region is expected to report the fastest growth of 9.3%, followed by Asia at 6.6%. North America is forecast to grow at 4.8% and Latin America at 3.1%, while Western Europe is likely to grow at 1.4%. [image: Nova Ekonomija]

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Emerging medtech hubs around the globe

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04-Feb-16 SThe US and Europe are the traditional leaders in medtech, but others are hot on their heels. China's market is expected to grow at 7.4% until 2019. Medtech companies in Mexico save 19% on manufacturing costs compared with the US. Turkey's industry is expected to grow at 8.5% until 2018, and Malaysia supplies 80% of the world market for catheters. [image: MD+DI]

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LG's new diabetes drug to begin global sales

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21-Jan-16 LG Life Sciences will start selling Korea's first diabetes treatment Zemiglo in the global market this year. The Korean drugmaker sealed licensing partnerships with Sanofi and Stendhal in 2013, and will begin selling the new treatment in India and five countries in Central America from March 2016. [image: LG / Business Korea]

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