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CFDA update – fewer registrations – but look at all those IVDs

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03-May-16 The China FDA 2015 annual report details a fall in the registration of new medical devices to 7,530 from 8,340 in 2014. Toughening of Chinese regulations may have discouraged some applicants. The proportion of IVDs in the figures is large at 40%, but for imported medical devices there are almost as many new registrations as renewals. [image: Brandwood Biomedical]

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China's Sinocare to acquire PTS Diagnostics in the US

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03-May-16 China's Sinocare Inc has signed a purchase agreement privately-held PTS Diagnostics for up to USD200 mn in cash. PTS is a US-based manufacturer of biometric testing devices. "Together, our future will be centered on transforming preventative medicine, biometric testing, and connectivity by providing fast, easy, portable, and accurate medical devices and information management systems,” said Robert Huffstodt, CEO of PTS. [image: Sinocare Inc.]

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Haryana hospitals to have 'senior citizen corners'

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05-May-16 All government hospitals in India's Haryana state, will have senior citizen counters to facilitate elderly people coming for treatment. Haryana Health Minister Anil Vij said the state government has decided to open 'Senior Citizen Corners' in all government hospitals to ensure better services to them.

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Healthcare expansion underway in Hong Kong

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03-May-16 In the past five years, government expenditure on public healthcare services has increased by nearly 50%, to some HKD68 bn (USD8.8 bn) this fiscal year. The Government has earmarked HKD200 bn (USD26 bn) for a 10-year hospital development plan, including building new public hospitals and redeveloping existing ones. This will increase public hospital beds by about 20% to 32,000. [image: news.gov.hk]

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China's private hospitals - set for growth

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01-May-16 Changing demographics and lifestyles in China are the reasons behind emerging opportunities for foreign companies to operate hospitals, clinics and care homes in the country. And the need is now widening to include primary care, rehabilitation and elder care. The range of incentives for foreign investors is increasingly wide. But there remain hurdles to be overcome. [image: Global Growth Markets]

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