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China highlights medical device industry as a breakthrough area

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18-Jan-17 The CDFA has published “Guidelines for the Preparation of Special Reports on the Application of Innovative Medical Devices" to encourage medical device study and innovation, and to promote new medical device technology. The medical device industry represents massive potential in China with only 14% of the country’s total pharma/devices market, compared with 42% in developed markets. [image: Woke Medical]

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Paramit opens medical device design & manufacturing hub in Malaysia

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11-Jan-17 American medical device contract manufacturer Paramit Corp announced the opening of its new facility located on mainland Penang in Malaysia. The site will be the region’s largest manufacturing facility for complex medical devices, realising sophisticated systems for genetic and molecular testing, robotic surgery and cancer treatment, and will also serve its current industrial products customer base. [image: The Star / Asri Abdul Ghani]

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Fujitsu pushes digital transformation in Thailand

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28-Nov-16 Logistics, manufacturing and healthcare sectors are likely to be early adopters of digital transformation strategies in Thailand. "Thailand's economy has experienced dramatic increases in growth over the past three decades, but is seeing no massive, visible growth like during the glory days before," said Yoshikuni Takashige, vice-president for marketing strategy at Fujitsu. [image: Bangkok Post]

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Push for production of drug APIs in India

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26-Oct-16 To reduce its dependence on China for active pharmaceutical ingredients (APIs) of drugs, the Prime Minister’s Office has instructed the NITI Aayog along with the ministries of health, commerce and industry, and chemicals and fertilisers to draw up a comprehensive plan to produce APIs in India. [image: The Indian Express]

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Hoya picks up Performance Optics for USD476 mn

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12-Oct-16 Hoya Corp is to buy Performance Optics for USD476 mn. “Performance Optics provides Hoya with additional capabilities in polycarbonate, photochromic and polarized lens technologies, as well as an expansion of our global footprint,” Hoya Vision Care CEO Girts Cimermans said. Performance Optics has manufacturing facilities in the US, Korea, Thailand and Indonesia.

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