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China highlights medical device industry as a breakthrough area

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18-Jan-17 The CDFA has published “Guidelines for the Preparation of Special Reports on the Application of Innovative Medical Devices" to encourage medical device study and innovation, and to promote new medical device technology. The medical device industry represents massive potential in China with only 14% of the country’s total pharma/devices market, compared with 42% in developed markets. [image: Woke Medical]

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Samsung to focus more on wearable healthcare devices than on robots

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12-Jan-17 Samsung Electronics will develop 'wearable healthcare devices' as its new business for the future instead of the robots that LG and other rivals are paying attention to. "The roles of home robots recently introduced by home appliance companies can be realized by adding artificial intelligence to existing devices such as smartphones, TVs and IoT refrigerators,” said a representative. [image: Business Korea]

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Paramit opens medical device design & manufacturing hub in Malaysia

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11-Jan-17 American medical device contract manufacturer Paramit Corp announced the opening of its new facility located on mainland Penang in Malaysia. The site will be the region’s largest manufacturing facility for complex medical devices, realising sophisticated systems for genetic and molecular testing, robotic surgery and cancer treatment, and will also serve its current industrial products customer base. [image: The Star / Asri Abdul Ghani]

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India diabetes care goes digital as RSSDI partners with Wellthy Therapeutics

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21-Dec-16 The Research Society for The Study of Diabetic in India has partnered with Wellthy Therapeutics, a digital therapeutics company focused on improving outcomes through Artificial Intelligence. Wellthy Diabetes is a diabetes health coach for patients and a virtual clinical assistant for doctors. Wellthy will offer the prescription app for all doctors who are members of RSSDI to prescribe. [image: The Hindu Business Line]

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Carl Zeiss Meditec FY16 profit climbs on Asia/Pacific revenues

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09-Dec-16 Carl Zeiss Meditec reported its fiscal 2016 earnings rose to EUR154 mn from EUR131 mn a year ago. The EBIT margin increased to 14.2 percent from 12.6 percent. Asia/Pacific revenue climbed 19.5 percent, mainly attributable to the Chinese market, as well as Southeast Asia and South Korea. [image: Carl Zeiss Meditec]

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