10-Oct-15 Myanmar is trying to kick its foreign drug habit: In recent years the government has offered incentives to seven private distributors to try their hand at manufacturing domestically. All other pharmaceutical products – between 80 percent and 90 percent – are imported. [image: Ann Wang / Frontier Myanmar]
Read More
01-Oct-15 Mexico is the best medical device manufacturing hub among Mexico, Costa Rica and China, according to CPI. Tijuana-Baja California region of Mexico is a special resource of labor, proximity and cost savings for a medical device manufacturer. Mexico stands second among Latin American medical device manufacturers and fifth among global manufacturers. [image: Global Health Intelligence]
Read More
05-Oct-15 India plans to set up two medical devices parks to facilitate the sector's growth, which is currently at a nascent stage. The government has identified 400 acres near Chennai and 100 acres at Hyderabad for the parks. The domestic market is worth $6.8 bn, but only one-third is locally manufactured. India also exports $1 billion of medical devices. [image: Business Standard]
Read More
25-Sep-15 GN ReSound, a leader in hearing technologies, has inaugurated a manufacturing and distribution facility in Johor, Malaysia. “The search... included a number of factors, including a favourable economic and political climate, a modern infrastructure that provides easy access to global markets, a well-educated and high performing workforce," the company said. [image: ScandAsia]
Read More
08-Jul-15 Emerging markets are the medtech industry’s best prospects for growth, but most medical devices are still designed in the US and Europe. That can present a problem when companies try to adapt devices or develop new devices for non-Western markets, which may have different cultural, financial, and other considerations that can affect the success of a product. [image: University of Minnesota]
Read More