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]

24-Jun-16 New Zealand’s medical device and health IT companies earned an overall turnover of NZD1.3 bn in 2015. Companies reported an average revenue growth of 29% for medical device and 35% for health IT. The sector is developing a vast range of technologies, with most in the lower risk groups for regulatory approval. [image: New Zealand Health IT]

27-May-16 184 deaths suspected to have been caused by medical devices were reported in 2015, according to an annual report released by the CFDA. Devices that engendered the most cases include polymers, syringes and puncturing instruments, dressings, physical therapy instruments, implants and artificial organs. [image: Adom Online]

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]