22-Feb-17 Embattled Japanese electronics maker Toshiba is selling its 65% stake in medical equipment leasing company Toshiba Medical Finance to Canon for JPY3.14 bn (USD28 mn). It has been selling off lucrative businesses such as its computer-chip operations. [image: Koji Sasahara / AP]

17-Feb-17 The Association of Indian Medical Device Industry has inked an MoU with Invest India to promote manufacturing of medical devices and components in India. The team also aims to reach out to companies in major medical devices destinations like Taiwan, Japan, South Korea, Italy, Israel, Germany and the US for technology sourcing and manufacturing JVs. [image: Martupdate]

14-Feb-17 The Indian government is planning to establish an exclusive zone for pharma and medtech in Bengaluru to give a boost to domestic production of these products under the Make in India initiative. Minister Mansukh Lal Mandaviya said the recent approval of the zone in Andhra Pradesh has attracted over 30 investment proposals. [image: Business Standard]

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]

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]