05-Jul-16 India is making steady progress in the export of drugs around the world. India's Commerce & Industry Ministry said "India's pharmaceutical exports continued their lead over China in 2015." However, experts warn this trend will wane if Indian firms continue to depend on Chinese raw materials. [image: Pixabay]

07-Jul-16 China’s pharmaceutical system will struggle to cope with a rapidly aging population and increases in non-communicable diseases says a report by LSE Health and the State Council. The report identifies market fragmentation as a major challenge, with the top five manufacturers holding <15% market share, and finds R&D accounts for only 2% of sales, compared with 14-18% for MNC pharma companies. [image: LSE]

30-Jun-16 H&Surgical, one of 169 businesses that accompanied President Park Geun-hye to Iran in May 2016, secured a contract worth USD2 mn over three years. Local partners will import finished or semi-finished products or participate in production. These partners will also export localized H&Surgical products to nearby countries in the Middle East. [image: Business Korea]

15-Jun-16 Bricon GmbH, part of China's Naton Medical Group, has acquired the manufacturing site of Zrinski AG in Germany and has re-formed it as Zrinski GmbH. Naton, with more than 3,500 employees, is one of China’s leading medical technology manufacturers. It intends to expand its position in the premium segment of the Chinese market with products “Made in Germany”. [image: Zrinski]

19-May-16 Panasonic Healthcare Indonesia, a Panasonic subsidiary producing medical equipment, plans to increase sales by 70% over the next four years on the back of growing exports. The company eyes USD88 mn in sales by 2020, up from USD51 mn in 2015. Panasonic acquired Bayer Diabetes Care earlier this year, opening up opportunities for the Indonesian unit to tap offshore markets. [image: Jakarta Globe]