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]

22-Dec-16 British organisations have signed deals worth more than GBP250 mn (USD308 mn) during the largest ever healthcare trade mission to China. 30 UK organisations participated in the largest ever healthcare mission to China. International Hospitals Group and China’s Dalian Wanda signed a 20 year JV to operate the first of Wanda’s hospitals, Qingdao Wanda IHG International Hospital. [image: GOV.UK]

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]

19-Nov-16  The Japanese government is teaming up with domestic health care companies to gauge demand in China for new nursing care services and equipment in a bid to expand sales channels. The companies include Nichiigakkan, a nursing care provider, hospital bed maker Paramount Bed, wheelchair maker Kawamura Cycle and P2P Bank, a developer of anti-dementia programs. [image: Nikkei Asian Review]

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]