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18-Jun-15 Russia's Duma, the lower house of parliament, passed a draft bill on the development of an “International Medical Cluster”, to be piloted in the Skolkovo innovation hub outside Moscow. Its goals include further medical development, transfer of advanced technologies into Russia, and the provision of high-quality medical assistance for populations. [image: Wikicommons]Read More
18-Jun-15 Merck's Russian expansion drive remains unaltered, its top executives say, despite a looming recession, a state localization drive, and deteriorating relations with the West. Merck is increasing headcount and expects to improve on its EUR150 mn sales of 2014. "It is crucial to capture the niche markets," said Jurgen Konig, head of Merck in Russia. [image: Armin Kübelbeck / Wikicommons]Read More
18-Jun-15 Rising cardiovascular disease rates in China are being linked to rising obesity and demand for meat with high salt content. It is not junk food that is to blame, but oil- and salt-heavy foods such as hotpot. Even in Guangdong, known for its bland food, average salt intake is 9.1 grams per day, 82% higher than the WHO recommended amount. [image: China Daily Asia]Read More
18-Jun-15 Taiwan is ideally positioned to forge partnerships with the world’s top medtech corporations, said Walter M.S. Yeh of the Taiwan External Trade Development Council at the recent Taiwan Health Technology Cooperation Forum. “Although Taiwan’s medical brands have yet to be well established, we nevertheless provide a large portion of the world’s medical equipment,” he said. [image: Taiwan News]Read More
17-Jun-15 First Myanmar Investments Co Ltd (FMI) and Indonesian conglomerate Lippo Group have launched a healthcare JV in Myanmar with a USD420 million roll-out. The JV is planning up to 20 hospitals in its national network over 10 years, focusing first on setting up 12 hospitals within the next three to five years. [image: Pun Hlaing Siloam Hospitals]Read More
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