19-May-17 The Ministry of Food & Drug Safety of Korea has announced medical device output reached USD5 bn in 2016 with annual growth of 12 percent, lead by dental implants, ultrasonic imaging and tissue repair filler. [image: Business Korea]

14-Apr-17 Healthcare reform in China could be a major boon to Medtronic, says CEO Omar Ishrak who told the China Daily "in 10 years, probably, the Chinese market would have outpaced the US market." Ishrak added, Medtronic would open a heart-valve manufacturing site in Shanghai, saying "the facility would help relieve the shortage of such valves in China and globally." [image: Medtronic]

11-Apr-17 The North American Free Trade Agreement has led to the transformation of Tijuana to become one of the world capitals in the manufacture of medical devices. The manufacturing units located in Tijuana make millions of medical devices from intravenous bags to artificial respirators. Many American med-device companies have manufacturing facilities in TiJuana, including Medtronic, Carefusion, and DJO Global. [image: John Francis Peters / New York Times]

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]