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China's medical robots take on foreign rivals

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13-Feb-17 Developed by Beijing Tinavi with the help of Jishuitan Hospital, Phecda is a surgery robot with a 3-D high-definition visual system that can "see" the internal orthopedic structure. It is part of the effort by Chinese companies to outcompete foreign rivals as the use of medical robots is set to take off, thanks in part to an aging population. [image: Tinavi / China Daily]

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China issues rules on recall of defective medical equipment

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11-Feb-17  China Food and Drug Administration (CFDA) has released rules on the recall of medical equipment. Manufacturers must take responsibility for the safety of their equipment and are obliged to have a recall mechanism in place. They are also required to investigate and evaluate equipment and recall defective items. [image: Xinhua Finance Agency]

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Carl Zeiss Meditec reports EUR280 mn in first quarter revenue

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10-Feb-17 Carl Zeiss Meditec reported a 6.6% increase in revenue to €280 million in the first quarter of its 2016-2017 fiscal year, compared with €262.2 million in the same quarter a year ago. In the Asia-Pacific region, revenue increased 26.6% from €83.6 million to €105.8 million, attributed to the Chinese market and Southeast Asia and India. [image: Carl Zeiss]

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Ayala gets 'disruptive' with latest health investment

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09-Feb-17 The Philippines' Ayala Corp has bought into a medical startup, adding some disruptive technology to its fledgling healthcare operations. The investment vehicle AC Health took a minority stake in Wellbridge Health, which owns the online pharmacy MedGrocer. "The investment of AC Health into MedGrocer fits well with both our pharmacy and health tech aspirations," said Paolo Borromeo, CEO. [image: Nikkei Asian Reveiw]

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The decline of Singapore medical tourism

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09-Feb-17 Medical tourism was once a potential key driver of the economy, but it has been increasingly difficult for Singapore to maintain its position due to ever-rising costs. The standard of care is superb. But there is a lack of transparency in private hospital fees, which contain many hidden charges. Foreign patients are put off by the costly accommodation and transport. [image: IMTJ]

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