10-Apr-17 Korean biotech companies are drawing much interest and investment from well-known foreign investors including Bain Capital, Goldman Sachs and the state-run Chinese company Tsinghua Tongfang Group. Korea biotech firms, according to one investor "are second to none, in terms of technology but their values have been underestimated due to the small size of the domestic market.” [image: Business Korea]

17-Feb-17 The Association of Indian Medical Device Industry has inked an MoU with Invest India to promote manufacturing of medical devices and components in India. The team also aims to reach out to companies in major medical devices destinations like Taiwan, Japan, South Korea, Italy, Israel, Germany and the US for technology sourcing and manufacturing JVs. [image: Martupdate]

14-Feb-17 The Indian government is planning to establish an exclusive zone for pharma and medtech in Bengaluru to give a boost to domestic production of these products under the Make in India initiative. Minister Mansukh Lal Mandaviya said the recent approval of the zone in Andhra Pradesh has attracted over 30 investment proposals. [image: Business Standard]

14-Feb-17 Japanese medical device producer Nipro will spend USD300 mn on a new factory in Vietnam, to meet rising domestic and foreign demand. The factory will make catheters and other products for dialysis for sale mainly in Japan and Southeast Asia. Nipro has relied on a Thai subsidiary to produce for these markets but has now decided to increase capacity. [image: Nikkei Asian Review / Nipro]

13-Feb-17 Developed by Beijing Tinavi with the help of Jishuitan Hospital, Phecda is a surgery robot with a 3-D high-definition visual system that can "see" the internal orthopedic structure. It is part of the effort by Chinese companies to outcompete foreign rivals as the use of medical robots is set to take off, thanks in part to an aging population. [image: Tinavi / China Daily]