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Korea’s pharma industry hails new golden age

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08-Jan-15 Korea’s domestic pharmaceutical R&D industry progressed strongly in 2014, securing approval of its 21st domestically developed drug, Liavax, and the entry of new medicines such as Kanarb and Supect onto the global market. In 2015 new Korean drugs for chemo-induced neutropenia, obesity and arthritis are expected to hit the market, as well as several new vaccines. [image: Business Korea]

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

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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]

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Doctors in Macau lambast local healthcare system

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06-Jan-15 Macau’s Health Bureau has been tasked by the government to develop an improved health system within a year, geared to international standards and resolving various issues. Some of the problems are long waiting lists for specialist clinics, lack of patient education, and lack of training and promotion opportunities for practitioners. Over 500 new staff will be hired. [image: Macau Daily Times]

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