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Biomedical industry development project approved in Taiwan

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11-Nov-16 The Taiwan government plans to invest NTD11 bn (USD374 mn) in the biomedical industry in 2017 to develop large-scale healthcare firms, new drugs and new medical devices. The project aims to relax investment and recruitment regulations to lure and retain foreign capital and talent, and to encourage local businesses to acquire international companies and develop foreign markets. [image: CNA]

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Korean researchers develop world’s first cancer removal nano robot

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02-Nov-16 Korean researchers have developed technology that can remove cancer without surgery. The team developed the world's first ultrasound dynamic treatment technology that can treat tumors without surgery using a smart nano robot remotely controlled by ultrasound. "This study will overcome the limitations of current tumor treatment and contribute to lowering cancer mortality," said Park Jae-hyung, professor at Sungkyunkwan University. [image: Business Korea]

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Korean government telemedicine initiative faces opposition in medical circles

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01-Nov-16 The Korean government has spearheaded telemedicine since 2014, an initiative that faced resistance from opposition parties and medical circles, who worry about a lack of effectiveness and safety, and patients potentially flocking to larger institutions, leading to the demise of smaller clinics. Only 150 of 680 eligible senior nursing facilities have applied for the pilot project. [image: KobizMedia / Korea Bizwire]

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Hoya picks up Performance Optics for USD476 mn

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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.

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Fujifilm to expand medical equipment business in India

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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]

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