06-Nov-15 Korea's Hanmi Pharmaceutical has signed a contract with Sanofi to export USD4 bn worth of diabetes treatment technology, in a deal worth almost 30% of the value of the entire Korean pharma industry. Sanofi gains an exclusive worldwide license to develop and commercialize drugs based on the materials, except in Korea and China, where Hanmi retains co-commercialization rights. [image: Business Korea]

05-Nov-15 Korea's Fair Trade Commission has launched an investigation of Siemens Korea’s alleged unfair business practices in the field of medical equipment. According to the FTC, Siemens has refused to provide MRI and CT equipment software ownership and provided only the right to use the software.

05-Nov-15 By utilising their budgets and borrowing funds, many hospitals in Vietnam have improved quality and raised confidence. In Hanoi 13 out of 41 public hospital and six health centres are taking part in privatisation programmes and there are 48 co-operation schemes allowing investors to invest in medical equipment. [image: VNA]

05-Nov-15 China has launched a three-year pilot scheme to loosen approvals for new drugs, the country's food and drug regulator said, as Beijing looks to help stimulate innovation in the country's pharmaceutical sector. The trial will allow research and development bodies to seek drug approvals, which are currently restricted to drug manufacturers. [image: ET Healthworld]

04-Nov-15 India's new government, led by Chief Minister Mufti Mohammad Sayeed, has sanctioned another 200-bed children's hospital in Bemina, Srinagar. The Union Ministry of Health and Family Welfare has also identified five districts in the state for new medical colleges, as well as two cancer institutes, in Kashmir and Jammu. Two 200-bed maternity hospitals are also in the pipeline. [image: Abid Bhat]