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Medical devices to be price controlled in India

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12-Jun-15 In a string of measures to regulate the medical device industry the Indian government has recommended creating an autonomous body - the National Medical Devices Authority (NDMA). It may also announce a separate policy for regulating prices of certain medical devices and implement it through a separate medical devices control order. [image: The Times of India]

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Alibaba tightens grip on Chinese healthcare via Wandong investment

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08-Jun-15 Alibaba Group’s Jack Ma is reported to have tightened his grip on China’s healthcare sector. Mr Ma is said to have capitalized nearly USD142 million in China Resources Wandong Medical Equipment, which manufactures x-ray and MRI equipment for the domestic market as well as 70 export destinations. [image: Business Finance News]

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China’s rising cancer rates a boon for foreign hospitals

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03-Jun-15 China adds 3.07 million cancer cases per year, and the disease has spawned many new businesses. This year the coal city Datong will get a private cancer hospital built by US listed Concord Medical. The company has for years supplied imaging and radiotherapy equipment to public hospitals, and is now planning to open up to 10 a year. [image: Bloomberg]

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China hikes registration fees for drugs, medical devices

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27-May-15 China's drug regulator (CFDA) has raised steeply the fees required to register drugs and medical devices in the world's second-biggest pharmaceutical market, as a lack of resources and expertise hinders its ability to process the rising number of applications. The fee for registering a new locally-made drug will soar to RMB624,000 (USD101,000) compared with just RMB35,000 in 2013. [image: Pharma Logic Solutions].

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Korean medical equipment makers putting up good show abroad

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20-May-15 Korean medical equipment makers have been increasing their exports, though growth has slowed due to exchange rates. Samsung Medison sold USD260 million in 2014, 14% growth over 2013; Vatech, a dental imaging player, raised its global market share to 10%, ranking fifth; and dental implant maker Ostem is now the largest implant manufacturer in China. [image: Business Korea]

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