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FDA Works with China to Ensure Medical-Product Safety

April 18, 2014 8:02 am | by Christopher Hickey, Ph.D., Country Director for the People’s Republic of China, FDA | Blogs | Comments

Americans benefit greatly from medical products produced by other countries. Approximately 40 percent of finished drugs in the United States come from overseas, as well as more than 50 percent of all medical devices. About 80 percent of the...

China in Your Hands: Grasping the Potential of Emerging Markets

March 13, 2014 3:23 pm | by Vince Postill, SVP of Global Business Development, PrisymID | Blogs | Comments

In 2011, China officially became the third biggest pharmaceutical market in the world – almost...

U.S. Lead in Science and Technology Shrinking

February 7, 2014 10:28 am | by National Science Foundation | News | Comments

The United States' predominance in science and technology (S&T) eroded further during the...

Covidien Receives Japanese Regulatory Approval for Reinforced Stapling Reload Technology

January 27, 2014 5:11 pm | by The Associated Press | News | Comments

Covidien plc has announced that its Japanese subsidiary, Covidien Japan Inc., has received...

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MolecularHealth Registers for Medical Device Accreditation in Germany

January 13, 2014 9:00 am | by The Associated Press | News | Comments

MolecularHealth GmbH, the European arm of MolecularHealth, announced today that it formally started the registration of its proprietary oncology treatment decision support software as a medical device with DIMDI, the German Institute of Medical...

MicroPort Scientific Corporation and Sorin Group Sign Joint Venture Agreement for Cardiac Rhythm Management Business in China

January 9, 2014 6:00 am | by The Associated Press | News | Comments

MicroPort Scientific Corporation and Sorin Group, announced today that they have entered into a definitive agreement to form a joint venture to market and develop cardiac rhythm management (CRM) devices (implantable pacemakers, defibrillators...

Central Europe and Baltic States Medical Device Market Reports

December 24, 2013 9:22 am | by PR Newswire | News | Comments

Central Europe and Baltic States Medical Device Market Reports are published by Espicom. Each report provides an individual and highly-detailed analysis of each market, looking at the key regulatory, political, economic and corporate developments...

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PMDA Approves Jarvik 2000 Heart in Japan

December 5, 2013 1:45 pm | by PR Newswire | News | Comments

JARVIK HEART, Inc., a privately-held company that develops and manufactures cardiac assist devices, announced that the Japanese Pharmaceuticals and Medical Devices Agency (PMDA) has granted approval to the Shonin (or pre-market approval)...

Research Funding is Falling Behind, Calls for New Focus on Innovation

December 3, 2013 12:22 pm | by University of Maryland School of Medicine | News | Comments

The United States may be losing ground as the leader in biomedical research and within the next five years will be second to China in the funds it spends for R&D, according to Francis Collins, M.D., Ph.D, director of the National Institutes...

Apollo Hospitals and Medtronic Announce a Collaboration to Bring an Affordable, Portable Hemodialysis System to India

October 9, 2013 5:06 am | by The Associated Press | News | Comments

Apollo Hospitals Enterprise Ltd., one of the leading healthcare providers in Asia, and Medtronic, Inc. (NYSE: MDT), the global leader in medical technology, today announced a collaboration to bring to market an innovative, affordable and portable...

New Guide Helps Sponsors Compare Asia-Pacific Countries for Medical Device Trials

October 8, 2013 8:00 am | by The Associated Press | News | Comments

A new booklet from Theorem Clinical Research is now available to help researchers at medical device companies decide if they want to conduct clinical trials in the Asia-Pacific region, and, if so, in what countries. Titled “ A Guide to Country...

Micell Technologies Announces Development and Distribution Agreement to Bring MiStent SES to China

October 1, 2013 8:00 am | by The Associated Press | News | Comments

Micell Technologies, Inc. has entered into an agreement with Hefei Life Science Technology Park Investment and Development Co., Ltd. (Hefei Life Science), for the clinical development, marketing and distribution of the MiStent Sirolimus Eluting Absorbable Polymer Coronary Stent System (MiStent...

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Keystone Heart's TriGuardT Cerebral Protection Device Receives CE Marking

September 9, 2013 4:15 am | by The Associated Press | News | Comments

Keystone Heart, a leader in the development of cerebral protection devices for interventional cardiology and cardiac surgery procedures, announced today that its TriGuardT Cerebral Protection Device has received CE Marking, enabling the company to commercially market the TriGuard in Europe and other territories.

Emerging Markets Present Challenge for Medical Device Companies Outsourcing Clinical Activities

September 6, 2013 4:02 pm | by PR Newswire | News | Comments

It's no secret that the medical device sector sees emerging markets such as China and Brazil as their best opportunity for top-line growth over the next decade. But to ensure their expansion into emerging markets, device companies will have to conduct more clinical activities in these high-growth countries so they can market their new products there.

ESC 2013: Pacemakers set life expectancy back to normal, researchers say

September 6, 2013 2:29 pm | by Mass Device | News | Comments

A slow heart rhythm puts patients at risk of early death, but a cardiac implant may help reset those odds, according to a Dutch study presented this week at the European Society of Cardiology Congress in Amsterdam. A study of pacemakers in 23 Dutch hospitals found that devices implanted to treat slow heart rhythm helped restore normal life expectancy.

Medtronic opens doors on innovation center in Singapore

September 5, 2013 8:59 am | by Mass Device | News | Comments

Medtech titan Medtronic opened the doors on a new Center of Excellence in Singapore, where new business models will be designed, tested and scaled for Asian markets. Based in Medtronic's existing Singapore facility, the new center will also develop commercial models that may eventually extend to various markets around the globe after passing muster in a single country.

European Market for Orthopedic Biomaterials

September 4, 2013 4:44 pm | by Kamran Zamanian, Ph.D. and Horace Wei MSc., Market Research Analyst, iData Research | Articles | Comments

The European market for orthopedic biomaterials saw a decline between 2010 and 2012 due to a period of economic uncertainty and severe budgetary restrictions. However, this rate of decline has been diminishing, a promising sign for future growth.

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Medtronic Announces Formation of Hospital Solutions Business Aimed at Driving Efficiencies and Cost Savings

September 2, 2013 12:06 pm | by The Associated Press | News | Comments

Medtronic, Inc. (NYSE: MDT) today announced the formation of Medtronic Hospital Solutions, a new business focused on developing novel partnerships with hospitals to provide services directly related to hospital operational efficiency. The new business will focus initially on offering services in Europe...

Western Europe Medical Device Market Reports

September 2, 2013 9:20 am | by PR Newswire | News | Comments

Five of the ten largest medical device markets in the world are in Western Europe; Germany, France, the UK, Italy and Spain. Like all other sectors, the medical device markets will be impacted by the current eurozone crisis in the short term. This is a danger for domestic manufacturing industries, especially in Germany, which rely on demand for exports of their products.

South Korea is a "key market" in Covidien's global strategy

August 27, 2013 1:36 pm | by Mass Device | News | Comments

Massachusetts medical device maker Covidien is opening the doors on a new Center of Innovation in South Korea, a country that the company calls "a key market in our global strategy." Covidien plans to spend $21 million over the course of 3 years to support the center...

The Japanese Market For Peripheral Vascular Devices Will Be Characterized By New Product Launches In Many Segments

August 22, 2013 8:00 am | by PR Newswire | News | Comments

According to Millennium Research Group, the global authority on medical technology market intelligence, efforts to streamline the regulatory approval process in Japan have resulted in the recent entry of numerous devices in the Japanese peripheral vascular (PV) device market, and more products, such as drug-coated balloons and infrapopliteal stents, are expected to enter in the next few years.

Frost & Sullivan: Technology as a Competitive Differentiator Fuels Adoption of Electronic Medical Records in Brazilian Hospitals

August 8, 2013 3:59 pm | by PR Newswire | News | Comments

Intensifying competition among private hospitals in Brazil has compelled them to use advanced clinical systems as a market differentiator, thereby driving the uptake of electronic medical records (EMR). The need to reduce expenses in both public and private hospitals has further fuelled EMR installations in the country.

J&J Pleased Chinese Anti-Monopoly Dispute Is Over

August 5, 2013 12:50 pm | by The Associated Press | News | Comments

Healthcare giant Johnson and Johnson says it is pleased to put a legal dispute behind it after a Chinese court ordered it to pay compensation to a former distributor under an anti-monopoly law. Thursday's ruling said Johnson & Johnson was guilty of "vertical monopoly" for setting minimum prices its distributors charged for surgical sutures.

China fines Johnson & Johnson in landmark price-fixing case

August 2, 2013 1:26 pm | by Mass Device | News | Comments

Johnson & Johnson (NYSE:JNJ) won the dubious distinction of being the 1st Fortune 500 company to be fined for price fixing in China, according to a newspaper there. The healthcare giant was fined 530,000 yuan (about $86,456) by the Shanghai High People's Court yesterday to compensate a former Chinese distributor, Rainbow Medical, China Daily reported.

Made in China…But at What Cost?

July 31, 2013 4:56 pm | by Sean Fenske, Editor-in-Chief, MDT | Blogs | Comments

When it comes to business and manufacturing, I have to admit, I’m not always the “Rah! Rah! USA!” guy. As a consumer, I believe in getting the best product for my dollar, regardless of where it is made. My mother used to continue to buy U.S. cars because she believed in “buying American” even though each and every car she got would give her some sort of mechanical problem for a significant amount of the time that she owned it.

Vinegar Cancer Test Saves Lives, India Study Finds

June 3, 2013 11:25 am | by Marilynn Marchione and Muneeza Naqvi, Associated Press | News | Comments

A simple vinegar test slashed cervical cancer death rates by one-third in a remarkable study of 150,000 women in the slums of India, where the disease is the top cancer killer of women. Doctors reported the results Sunday at a cancer conference in Chicago.

EuroMedtech™ 2013 Helps Create Collaborative Pathways to Getting Medtech Innovation to Market

May 16, 2013 11:48 am | by The Associated Press | News | Comments

ZURICH & DUESSELDORF, Germany--(BUSINESS WIRE)--May 16, 2013--The fifth annual EuroMedtech™ partnering conference concluded last week in Duesseldorf, Germany. EuroMedtech is Europe’s leading medical technology partnering conference where participants engage with potential partners around in-...

Why Medtech Startups Are Moving to Ireland

May 13, 2013 2:33 pm | by Eddie Goodwin, Manager, Boston Office, Enterprise Ireland | Blogs | Comments

It’s no secret that getting a medical device to market can be a lengthy, frustrating process. Facing the new medical device excise tax and lack of clarity from the FDA around regulatory policies, medtech startups are now starting to rethink launching in the U.S.

A Rise in the Number of the Aged in Asia-Pacific Widens the Market for Home Care Devices, Finds Frost & Sullivan

May 12, 2013 11:53 pm | by PR Newswire | News | Comments

KUALA LUMPUR, Malaysia, May 12, 2013 /PRNewswire/ -- Acknowledging the rapid aging of the population in Asia-Pacific, governments are encouraging patients to opt for home care by offering incentives, subsidies and tax cuts. While improving patients' quality of life, home care also...

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