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]
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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]
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18-Feb-16 According to some experts, Chinese orthopaedics is not as specialized as in Western countries. Rehabilitation is also a concern, with many saying that the local physical therapy industry lacks modern methods. There is also a lack of public awareness of prevention. "People wear jeans or non-sports shoes in marathons," said Dr Derk Rietveld of Parkway Health in Shanghai. [image: Global Times]
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03-Feb-16 Italy's medical device companies are looking at the development potential in China, one of the markets where Italy's exports of medical devices have increased the most - by 24% in 2014 - with an export value of EUR310 mn (USD430 mn). Italian companies already present in China include DiaSorin, a biotech group specialized in in-vitro diagnostics. [image: Ambasciata d'Italia Pechino]
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21-Jan-16 The Association of Malaysian Medical Industries (AMMI) supports the the Trans-Pacific Partnership, which it expects to provide wider access for exports into TPP countries, especially the US with which Malaysia has no trade agreement. Malaysia's medical devices industry mainly produces disposables, but is moving up the value chain and producing more high value medical devices such as orthopaedics and dialysers. [image: Hafzi Mohamed / TMR]
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