26-Oct-16 To reduce its dependence on China for active pharmaceutical ingredients (APIs) of drugs, the Prime Minister’s Office has instructed the NITI Aayog along with the ministries of health, commerce and industry, and chemicals and fertilisers to draw up a comprehensive plan to produce APIs in India. [image: The Indian Express]

12-Oct-16 Hoya Corp is to buy Performance Optics for USD476 mn. “Performance Optics provides Hoya with additional capabilities in polycarbonate, photochromic and polarized lens technologies, as well as an expansion of our global footprint,” Hoya Vision Care CEO Girts Cimermans said. Performance Optics has manufacturing facilities in the US, Korea, Thailand and Indonesia.

22-Oct-16 Fujifilm India is planning to expand its medical devices business into high-end screening machines with an eye on both the domestic market and exports. The company relies on third-party manufacturers. Yasunobu Nishiyama, MD, said Fujifilm didn’t have plans to set up a manufacturing plant for medical devices in India but it would consider it, if volumes are high. [image: Fuji Film]

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]