Archive for the ‘Medtech World News: Update from China’ Category

A Chinese Perspective on Workers Taking US Medtech Executive Hostage

Monday, July 8th, 2013

The ordeal of Specialty Medical Supplies owner Chip Starnes, who was held hostage in China by employees over concerns related to unpaid wages and rumoured layoffs, received extensive media coverage in the United States. He ultimately secured his release nearly one week after being sequestered by negotiating a deal worth ...

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 ...

Starting a Medtech Business in China? Remember, Patience Is a Virtue

Friday, August 24th, 2012

A post titled "10 tips for doing medical device business in China" on the Medical Devices Group page on LinkedIn caught my eye as I was doing my morning rounds looking for medtech news. Sonia Zhao, who initiated the conversation, works with a consultancy in China that helps foreign medical ...

Do You Have Expertise in Medical Implantables? Then, China Wants You

Friday, August 3rd, 2012

The implantable devices sector is fairly new in China, but it is growing rapidly. To explore this sector’s current and future dynamics, the UBM China conference team organized a conference on Implantable and Interventional Medical Devices (IIMD) in Shanghai on 19 July. One of the featured speakers, Dr. Li Zhong ...

Chinese Medtech Manufacturers Seek to Capture Greater Market Share in Advanced Devices Sector

Tuesday, May 3rd, 2011

[caption id="attachment_22649" align="alignleft" width="300" caption="Mr. Ma Qiyuan, CEO of Time Medical Systems."][/caption] Healthcare reform initiated by the Chinese government in 2009 has spawned a booming market for medical technology in China. The country's medical market recorded a stunning 23% growth rate in 2010, according to Pharmnet.com. The medtech market, which is currently ...

Medical Products Campus Helps Western Companies Enter China

Monday, April 18th, 2011

For Western companies planning to enter the growing medical device market in China, a facility in Jiaxing called the Medical Products Campus can provide support and contract services. A recent article on PlasticsToday discussed the advantages that the campus can offer to companies as they enter a device market that ...

Medtech World News: China’s SFDA Introduces 96 New Medical Device Industry Standards

Friday, February 4th, 2011

The Chinese State Food and Drug Administration (SFDA) recently updated its website with 96 new industry standards affecting medical devices. Thirty-four of them are Mandatory Standards (labeled YY), whilst the remaining 62 are Recommended Standards (labeled YY/T). All will take effect on 1 June 2012. These are the first group ...