03-May-16 The China FDA 2015 annual report details a fall in the registration of new medical devices to 7,530 from 8,340 in 2014. Toughening of Chinese regulations may have discouraged some applicants. The proportion of IVDs in the figures is large at 40%, but for imported medical devices there are almost as many new registrations as renewals. [image: Brandwood Biomedical]
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03-May-16 China's Sinocare Inc has signed a purchase agreement privately-held PTS Diagnostics for up to USD200 mn in cash. PTS is a US-based manufacturer of biometric testing devices. "Together, our future will be centered on transforming preventative medicine, biometric testing, and connectivity by providing fast, easy, portable, and accurate medical devices and information management systems,” said Robert Huffstodt, CEO of PTS. [image: Sinocare Inc.]
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26-Apr-16 The Japanese government will work with medical device maker Nihon Trim to set up a chain of hospitals in China, to promote medical exports while helping to alleviate the shortage of facilities there for treating lifestyle diseases. Mitsubishi Corp and other major companies are considering contributing through such steps as developing meals for diets designed to prevent diabetes. [image: Reuters]
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20-Apr-16 Singapore’s medical devices industry is aiming to hit SGD5 bn in manufacturing output. The government is targeting up to 1 mn foreign patients a year, which will contribute SGD2.6 bn (USD1.6 bn), or about 1%, to Singapore’s GDP. Already there are 30 global medical technology companies, including the industry’s leading manufacturers, with operations and R&D in Singapore. [image: Asian Briefing].
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