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Malaysia approves 11 MedTech projects

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20-Jul-15 In a bid to boost further Malaysia's burgeoning medtech sector, the country's investment authority has approved 11 medtech projects worth USD122 mn. Nine of the 11 projects are domestic investments by local companies, which include ABio Orthopedics, Straits Orthopedics, UWC Healthcare and Top Glove. [image: BioSpectrum]

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Stryker to buy Turkish bed maker Muka

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20-Jul-15 Stryker Corporation has announced a definitive agreement to acquire Muka Metal in an all cash transaction. Muka, headquartered in Kayseri, Turkey, sells hospital beds, stretchers and related patient room furniture and accessories in Turkey and globally. [image: Stryker Corporation]

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Robotic surgery benefitting paediatric patients in India

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27-Jul-15 Chennai-based Apollo Children’s Hospital Surgeries is using robotics for surgeries. The technology provides a 3D view that helps doctors to navigate in a targeted manner and complete a procedure without affecting neighbouring cells and tissues, which is crucial in paediatrics. This in turn provides patients with advantages including quicker discharge time, minimal scarring, smaller incisions and less blood loss. [image: International Centre for Robotic Surgery]

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Doctors, dentists find private path healthier in China

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27-Jul-15 Increasing numbers of Shanghai’s more experienced doctors and dentists are leaving the city’s public hospitals to set up private group practices. One dentist who recently set up a private practice calls the current public hospital system unsustainable. He describes "a noisy and crowded environment, low income, excessive workloads, bad patient-doctor relationships and a ridiculous evaluation system.” [image: Shanghai Daily]

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Koreans feeling huge medical expenditure burden

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23-Jul-15 Korea's Ministry of Health & Welfare compared the Korean National Health Accounts and Total Health Expenditure data for 2014 to the OECD’s Health Data and announced that the Korean government’s public financial resources accounted for 55% of the country’s national health expenditures. Conversely, the average of the 34 OECD member countries was as high as 72%. [image: Business Korea]

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