17-Oct-16 Global medical devices manufacturer Boston Scientific is set to expand in Asia Pacific and has embarked on its first manufacturing site in Asia, in Penang. The 375,000 square feet facility at the Batu Kawan Industrial Park is expected to be completed in Q4 2017. [image: SME Magazine]

05-Oct-16 Giving a push to local production of high-end medical equipment, the Indian government has given its nod to sub-lease over 300 acres of land in Chennai for the country's first medical devices manufacturing park. The project will reduce the dependence on imports and create a strong base for domestic industry by providing access to state-of-the-art infrastructure. [image: PTI]

03-Oct-16 Intuitive Surgical is expanding into robotic-assisted catheter-based medical devices through a JV with Shanghai Fosun Pharmaceutical. These devices will use IP from Intuitive Surgical and will focus on diagnosis and treatment of lung cancer. R&D and manufacturing will take place in Shanghai. Intuitive Surgical will oversee distribution outside China while the JV will be in charge within China. [image: Asian Scientist Magazine]

30-Sep-16 German medtech firm Biotronik opened an expanded production plant in Singapore. The firm produces implantable pacemakers, defibrillators and stents. "This small nation of 5.5 mn people is the fourth-largest exporter of high-tech goods in the world... We will be manufacturing components for Biotronik's latest and most innovative products for distribution around the world," said Erik Trip, Managing Director. [image: Biotronik]

15-Sep-16 Biomedical manufacturing contributed just under SGD30 bn (USD41 bn) to Singapore's GDP in 2014. Of this, pharmaceuticals accounted for nearly SGD17 bn and medical technology about SGD11 bn. This sector employs over 18,000 workers, most of whom are highly skilled and technically qualified. [image: ZUU Online]