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Price not enough for China medtech exporters

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29-Oct-15 China's healthcare products exports have increased by 18% a year since 2008, reaching nearly USD13 bn in 2014. Medical device exporters - including Microport, Mindray, Kanghui, Wego and Andon - are not only targeting Western countries but emerging markets as well. Chinese brands are perceived as competitive on price and quality, but viewed less favorably on value and reliability. [image: Reuters]

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BIT Group opens IVD manufacturing facility in China

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29-Oct-15 The medical contract manufacturer BIT Group has established a second Chinese manufacturing operation in Shenzhen, China, as a joint venture with EDAN Instruments, a Shenzhen-based patient monitoring technology company. “The Chinese medical technology market is expected to grow at double digit rates in the coming years,” said Marius Balger, BIT CEO. [image: Invetech].

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IHH Healthcare to open USD93 mn hospital in Malaysia

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29-Oct-15 Malaysian healthcare provider IHH Healthcare Bhd is going to open its RM400 mn (USD93 mn) Gleneagles Medini Hospital in Nusajaya, Johor. The 300-bed tertiary hospital is IHH's 14th hospital in Malaysia, following the opening of Gleneagles Kota Kinabalu in May by Parkway Pantai, a wholly-owned subsidiary of IHH Healthcare. [image: The Star]

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Russia's Sverdlovsk on brink of collapse

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28-Oct-15 Healthcare funding provided by Russia's Sverdlovsk Region as part of the obligatory medical insurance package might be reduced 14% to RUB3.8 bn in 2016. The healthcare sector is reported to be on the brink of collapsing, and some clinics might simply go bankrupt. [image: Quartz]

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