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Mexico grabs USD915 mn FDI for medical device production

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19-Aug-16 Mexico received USD915 mn in FDI for the production of medical devices over 2013-15. The medical devices sector is one of the country's most dynamic manufacturing sectors. Public health organizations provide 70-80% of healthcare services. Mexico is a major producer of medical devices and the largest exporter of medical devices to the US. [image: EuTech]

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The new hotbed for device startups: Bangalore

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15-Aug-16 India now is a springboard for developing medical device companies who envision a big future on a global scale. Of the 37 mn people who are blind, more than 15 mn are from India. Forus Health’s 3nethra device is designed to take a picture of the eye and detect the five major ailments that lead to blindness. [image: Forus Health]

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Malaysia's medtech industry to generate USD2.7 bn

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02-Aug-16 Malaysia’s medical devices sector is expected to contribute MYR11 bn (USD2.7 bn) in exports in 2016, with revenue from the health tourism and pharmaceutical sectors expected to reach MYR1 bn (USD248 mn) and MYR800 mn (USD199 mn) respectively. Malaysia is the largest surgical gloves manufacturer in the world and also makes beds, dental chairs and orthopaedic implants. [image: Free Malaysia Today]

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China's first medical 3D printing factory to open

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22-Jul-16 Hkable Biological 3D and the China’s Fengdu County government have signed an agreement which will see them build China’s first 3D printing factory for medical products. The factory will be located in the municipality of Chongqing, Southwest China. [image: 3ders.org]

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Indian government plans to table Medical Device Act

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19-Jul-16 India's government is planning to table a new Medical Device Act in the forthcoming winter session of Parliament. In a 11-Jul-16 meeting on the Make in India initiative for medical devices, attended by leading associations, issues such as ease of doing business, regulation, fiscal imperatives, scaling manufacturing, promoting exports, encouraging innovations and making India attractive for investment were discussed. [image: Business Standard]

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