Loading...

India’s medical devices sector opens up to 100% foreign investment

Image

06-Jan-15 India’s cash-starved medical devices sector will be opened up to 100% foreign direct investment. About 70% of the country's medical devices demand is met through imports. With the new rules, the government is trying to reduce the import bill and encourage local manufacturers to tap into the USD400 bn global market. [image: The Economic Times / BCCL]

Read More

India to be manufacturing hub for Siemens medical technology

Image

21-Dec-14 Siemens is looking at expansion of its healthcare equipment manufacturing base in India, to cater to the global market as well as to "introduce more India-relevant products". Siemens believes India is receptive to innovation and very quick to adopt new products. [image: The Economic Times]

Read More

China to open up to more US medical imports

Image

18-Dec-14 In trade talks with the US, China has agreed to allow US medicines and medical devices into its markets more quickly. China agreed to “cut red tape” for imports of new and innovative pharmaceuticals and medical devices, said US Commerce Secretary Penny Pritzker. [image: CCTV America]

Read More

Hony, Goldman lead USD610 million investment in China’s Neusoft

Image

12-Dec-14 Shenyang-headquartered Chinese IT solutions and service provider Neusoft Corp says it intends to sign an agreement with an investor consortium including Chinese private equity firm Hony Capital and Goldman Sachs, to help the company transform its healthcare businesses. [image: China Money Network]

Read More

Obesity responsible for increasing chronic disease deaths in Latin America

Image

12-Dec-14 Non-communicable diseases were the cause of 78% of deaths in Latin America in 2008, estimated to rise to 84% by 2030. Obesity is at the heart of these deadly diseases, as a trigger for diabetes, high blood pressure, and high cholesterol. Mexico has the highest obesity growth rate in the world and the highest proportion of child obesity. [image: Global Health Intelligence]

Read More