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J&J to boost medtech in emerging markets

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21-Mar-16 Johnson & Johnson has seen the profitability of its consumer and medical device sectors flag in recent years, prompting activist investor Artisan to put pressure on the firm. The company’s executives recently shared their vision for growing its medical device business with a six-pronged plan that includes boosting its consumer medical devices business and expanding into emerging markets. [image: Johnson & Johnson]

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Korea working with UAE, Saudi for medical services

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25-Feb-16 In Saudi Arabia, the Seoul National University Bundang Hospital, SK Telecom and ezCaretech have been engaged in a hospital information system project worth approximately KRW70 bn since 2014 in a contract with six hospitals under the Saudi Arabian Ministry of National Guard. The transfer of the Samsung Medical Center’s genome-based precision medicine Avatar System is around the corner, too. [image: Business Korea]

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Iran, Russia sign three medical MOUs

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21-Feb-16 Iran and Russia have inked three memoranda of understanding to boost medical cooperation, ranging from exchanging knowledge and technology to importing and exporting medications. Iranian pharma companies are eager to export their products to Russia and Russian officials are optimistic. [image: Tehran Times]

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Global healthcare industry to grow at 4.3%

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05-Feb-16 The global healthcare industry is estimated to grow at 4.3% from 2016 to 2019, according to Deloitte. The Middle East & Africa region is expected to report the fastest growth of 9.3%, followed by Asia at 6.6%. North America is forecast to grow at 4.8% and Latin America at 3.1%, while Western Europe is likely to grow at 1.4%. [image: Nova Ekonomija]

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