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27-Aug-14 After piloting the first wholly foreign-owned hospital in the Shanghai Free Trade Zone, China's Ministry of Commerce has announced that foreign investors will be allowed 100% ownership of hospitals in seven cities and provinces. Both greenfield and M&A investment will be permitted.
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21-Mar-14 Korea has announced plans to become one of the top seven countries in the global medical device sector by 2020. This is reminiscent of the country's plan about 15 years ago to become one of the top three in mobile phones within ten years. It happened! Expect to see a lot more from Korean med tech firms in international markets.
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