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China issues rules on recall of defective medical equipment

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11-Feb-17  China Food and Drug Administration (CFDA) has released rules on the recall of medical equipment. Manufacturers must take responsibility for the safety of their equipment and are obliged to have a recall mechanism in place. They are also required to investigate and evaluate equipment and recall defective items. [image: Xinhua Finance Agency]

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Cook Medical Australia invests in the future with new commercialisation centre

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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]

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India's health sector seeks clarity on medical device rules

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02-Feb-17 While the healthcare sector claims to be 'satisfied' with the move to formulate new rules regarding medical devices, industry still seeks more clarity. The rules are proposed to be internationally harmonised to attract investments, and thereby reduce costs of devices. [image: Deccan Herald]

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Zero customs duty on medical device to kill Make in India program

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20-Jan-17 India's medical technology sector can make great contributions in terms of economic growth, job creation and enhanced innovation. The ‘Make in India’ campaign is a major boon to the medical technology industry, as currently 70% of medical equipment is imported. India should learn from China, where much higher reimbursement is allotted to locally produced medical devices and equipment. [image: Business Standard]

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China highlights medical device industry as a breakthrough area

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18-Jan-17 The CDFA has published “Guidelines for the Preparation of Special Reports on the Application of Innovative Medical Devices" to encourage medical device study and innovation, and to promote new medical device technology. The medical device industry represents massive potential in China with only 14% of the country’s total pharma/devices market, compared with 42% in developed markets. [image: Woke Medical]

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