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Foreign pharma companies losing ground in Vietnam

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13-Mar-15 Vietnam has been a strong source of double-digit growth for international pharmaceutical and medical device companies over the past decade. However, fears are growing among European and American executives that the good times may be coming to an end. [image: Nikkei Asian Review]

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China to regulate medical equipment for overseas markets

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13-Mar-15 China will name and shame medical equipment manufacturers caught evading official procedures while selling products overseas. Companies found to have applied for export certificates with fabricated data or other fraudulent methods will be banned from re-applying for two years. [image: China Business Review]

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Mexico is an attractive choice for manufacturing medical devices

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26-Feb-15 Mexico is the fifth largest exporter of medical devices globally. The country has the advantage of proximity to the US and 20% lower manufacturing costs than other leading manufacturing nations. Since financial norms emphasize cost reduction for suppliers to OEMs in the medical device industry, Mexico is emerging as a striking choice for mid-sized companies. [image: U-T San Diego]

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Colombia to regularise prices of medical devices

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20-Feb-15 Columbia has announced new price regulations for medical devices from Mar-15. Medicated coronary stents will be the first device to be affected, followed by cochlear implants, hearing aids and orthopedic devices. The move is expected to result in 36% reduction in prices and USD14 billion in annual savings for the national health system. [image: mashmedical]

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Indian students create low-cost healthcare devices

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12-Feb-15 Over 100 students and faculty members from engineering, design and healthcare disciplines gathered at a business school in Mumbai on 31-Jan to create functional prototypes of innovative, low-cost diagnostic devices, including an X-ray machine, a retinal labelling app, a wound analysis device, and a digital stethoscope. [image: Hindustan Times]

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