09-Feb-17 Medical device manufacturer Cook Medical Australia has officially opened a new commercialisation and development centre in Brisbane, designed to assist businesses, entrepreneurs and researchers from across Asia Pacific to bring innovative medical products and health related technologies to market. Cook Medical Australia is committing AUD4 mn to establishing the Asia Pacific Commercialisation and Development Centre (ACDC). [image: Cook Medical Australia]

08-Feb-17 Smith & Nephew reported a 7 percent drop in profit, as tough conditions in China and Saudi Arabia kept growth in check. The company has focused on emerging markets in recent years to boost sluggish demand in the US and Europe, where it competes with Zimmer and Stryker. The company delivered growth, but not at the level it had wanted. [image: Smith & Nephew]

08-Feb-17 A coalition of 67 organisations made up of travel companies and medical centres in Taiwan have come together to offer their services to travellers seeking medical treatment overseas. These packages tend to be expensive and aimed at high-end tourists from China. By targeting Chinese patients specifically, Taiwan’s efforts could be more directed than many others and thus potentially more successful. [image: IHMT]

08-Feb-17 Up to 100 Chinese women will receive treatment at Monash IVF, the clinic which completed the world's first IVF pregnancy, in the next 12 months. The move comes in response to the waiting list for IVF clinics in China being up to two years long due to the country's growing middle class and relaxation of the one-child policy. [image: Shanghai Daily]

08-Feb-17 In 2016, nearly 300,000 foreign patients are estimated to have traveled to the US to seek medical treatments, according to Josef Woodman of Patients Beyond Borders. To entice medical travelers, top medical centers have been spending millions of dollars cultivating their facilities to attract international patients, Woodman noted. More recently, they are seeing a growing influx of patients from China. [image: PYMNTS.com]