Articles

04-Apr-16 The health sector of HCMC will carry out 89 projects worth VND21.6 tn (USD969 mn) between 2016 and 2020 to improve healthcare services. Projects planned include developing human resources, building hospitals at the city’s gateways and local clinics, and upgrading major hospitals into high-tech facilities. [image: Vietnam Breaking News]

30-Mar-16 Hundreds of Australians implanted with a defective hip device will be eligible for a share of AUD250 mn in compensation following the conditional settlement of a long-running class action. It is estimated 1,700 Australians will be eligible to share in the settlement. The action was started in 2010 after a worldwide recall of the DePuy device. [image: DePuy]

21-Mar-16 Johnson & Johnson has seen the profitability of its consumer and medical device sectors flag in recent years, prompting activist investor Artisan to put pressure on the firm. The company’s executives recently shared their vision for growing its medical device business with a six-pronged plan that includes boosting its consumer medical devices business and expanding into emerging markets. [image: Johnson & Johnson]

08-Mar-16 NuVasive Inc, a spine surgery medical device company, has entered into an agreement to acquire Mega Surgical, its exclusive distributor in Brazil. "This acquisition... will allow for direct contact with surgeons and key opinion leaders throughout the country where direct relationships are a preferred method of doing business," said Jason Hannon, EVP International. [image: NuVasive]