Archive for the ‘China’ Category

China’s Medtech Industry Moving Up the Value Chain

Wednesday, July 17th, 2013

Increased adherence to quality system requirements and the rising cost of labour and raw materials will lead China's medical device manufacturers and associated supply chain to shift its focus to the production of higher value medical products. Currently, local industry primarily churns out unsophisticated products using low-end technology, according to ...

Asia’s Medtech Power Markets

Monday, June 10th, 2013

From the Consultant’s Corner Newsletter, June 2013 Medical device industry observers and stakeholders have touted Asia in recent months for its strong growth potential and relatively healthy economic conditions. Three Asian markets, however, have recently shown specific signs of strength generally ascribed to the region as a whole. Taiwan’s market to approach ...

Medtech M&A Destined to Rise in China

Monday, December 3rd, 2012

In June 2012, Medtronic CEO Omar Ishrak told an investor's conference that part of his mission was to "expand access and enhance value in China." We did not have to wait long for Ishrak to execute on this mission statement. In August 2012, Medtronic inaugurated the Shanghai Innovation Center, its ...

SFDA Official Makes Candid Comments about China’s Medical Device Regulations

Monday, October 8th, 2012

Lin Xianyong, Director of Medical Device Safety Supervision Div., SFDA Shanghai, offered a candid appraisal of the pitfalls of the current state of China’s medical device regulatory process during the recent MEDTEC China exhibition and conference. He summarized the flaws of the system as follows. There is too much ambiguity regarding ...

China Plans Vast Medical Infrastructure in New City of Tongzhou

Monday, September 17th, 2012

Following the 2008 Summer Olympics in Beijing, the Chinese government announced plans to build a modernised city in the Tongzhou District in the southeast part of the capital. Construction is well underway on what has been called the new magnetic pole of Beijing. The establishment of an international medical centre ...

China Accelerates Implementation of e-Health

Thursday, September 13th, 2012

“Information technology is an important element in the future development of healthcare reform in China,” said Chen Zhu, Minister of Health, during a speech at the World Economic Forum’s Annual Meeting of the New Champions 2012. “More than 60% of all people living in major cities and rural areas are covered ...

NUI Galway and Beijing Scientists Collaborate on Biomaterials Research

Tuesday, August 14th, 2012

From the wire: The National University of Ireland, Galway (NUIG), has signed a deal with a leading Chinese research institute and medical technology firm in Beijing to exchange biomaterials research, reports the Irish Times. Minister for Health James Reilly is scheduled to attend the signing of the memorandum of understanding ...

Medtech Summit in Shanghai Touts Fertile Investment Opportunities

Wednesday, June 13th, 2012

The 2012 China Medical Device Industry Development and Investment CEO Summit held on 9 June 2012 in Shanghai brought together various stakeholders including government officials, medical device manufacturers and investors to discuss the state of the industry and further promote its development. CMDM Associate Editor Helen Zhang was in attendance ...

TU Delft, Shanghai Institute of Ceramics Collaborate on Development of Next-Generation Bone Fixation Devices

Wednesday, May 16th, 2012

A Memorandum of Understanding (MoU) between TU Delft in the Netherlands and the Shanghai Institute of Ceramics (SIC), Chinese Academy of Sciences (CAS), was recently renewed for five years. Scientists from both universities will collaboratively pursue research on the development of composite materials for biodegradable and bioactive orthopaedic devices, a ...

Investors Seize Opportunities in China’s Healthcare Industry

Sunday, March 4th, 2012

China’s domestic medical and pharmaceutical industries are looking very attractive to investors these days. Introducing the 2012 China-International Supreme Forum of Medical Industry Investment and Financing on 17 February, financial expert Wang Guochang noted that more than 100 healthcare entities attracted a collective investment amount of RMB 25 billion in ...

Meet the New Boss of China’s SFDA

Friday, March 2nd, 2012

Mr. Yin Li officially took over as the new chief of the State Food and Drug Administration (SFDA) on 20 February 2012, replacing Mr. Shao Ming who had reached retirement age. Shao Ming's replacement had been a source of speculation since late 2011. The position was not especially sought after by deputy directors ...

Swedish Company Breaks Mould in Suzhou for Medtech Suppliers

Tuesday, February 7th, 2012

[caption id="attachment_26855" align="alignleft" width="200" caption="Karl Stillman, Rosti"][/caption] The landscape of medical manufacturing in China today looks an awful lot like the automotive sector did 15 to 20 years ago, says Karl Stillman, Regional Sales Director, Asia, for injection moulder and contract manufacturer Rosti. Back then, the automobile industry had not yet ...