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Medical device industry welcomes new policy benefits; is the market outlook worth the wait?
2019-07-03
Starting June 24th, China officially launched electronic registration for medical devices. This signifies a shift from offline to online medical device registration in China, allowing applicants to complete the registration process with just a computer. The medical device industry encompasses a wide range of products, with in-vitro diagnostics being a rapidly developing sub-sector in recent years. So what is in-vitro diagnostics, and what is the current state of the industry? The launch of online medical device registration Hu Jian's company specializes in wearable medical devices, currently holding over 100 patents and selling over a dozen products. He told reporters that in order to register these
Top global medical device company to split and go public
2019-07-02
Danaher's dental business will be spun off and listed, with revenue of 19 billion yuan in 2018. Giant split According to PR Newswire, on June 27, Danaher announced that it would spin off its dental business to form an independent company, "Envista," and plans to apply for an IPO on the NYSE in the second half of 2019, with the stock code NVST. According to reports, Envista will employ 12,000 people worldwide. "Danaher announced plans to spin off its dental business into an independent publicly traded company." Source: CISION PRNewswire website Envista consists of three of Danaher's dental business ...
2019-07-01
The results of the selection of the fifth batch of excellent domestic medical equipment are released! Products from 41 medical equipment companies, including Mindray, Kaili, United Imaging, and DongSoft, are on the list! Recently, the China Medical Equipment Association released the "Selection Results of the Fifth Batch of Excellent Domestic Medical Equipment." 108 medical equipment products from 41 medical device companies were selected! A total of 21 items were selected, including ophthalmic optical coherence tomography (OCT) scanners, PET-CT, PET-MR, digital mammography X-ray machines, fully automatic digital slice scanners, fully automatic staining and sealing machines, fully automatic tissue dehydrators, fully automatic urine analysis workstations, high-frequency surgical systems, cardiac defibrillators, and four-limb linkage.
2019 First Medical Device Innovation and Development Summit Showcases in Guangzhou
2019-06-28
Distinguished guests and elites have gathered. A "brainstorming" session focusing on medical device innovation, the "2019 First Medical Device Innovation and Development Summit," hosted by China Health Media Group, has commenced in Guangzhou. Themed "Innovation Leading Development, Quality Building the Future," this summit delves into cutting-edge topics of industry concern, including medical device registration management regulations and policies, and innovative medical device technology applications, actively exploring the path of innovative development for medical devices. Wu Shaozhen, Chairman of China Health Media Group, presided over and delivered a speech. At the summit, Du Huiqin, Deputy Director of the Medical Device Registration Management Department of the National Medical Products Administration, discussed medical device registration management.
2019-06-27
On June 13, the Ministry of Commerce held a regular press conference to introduce the situation of China's foreign investment absorption from January to May this year. Gao Feng, spokesperson for the Ministry of Commerce, said that from January to May, 16,460 new foreign-invested enterprises were established nationwide, and the actual use of foreign capital reached 369.06 billion yuan, a year-on-year increase of 6.8% (equivalent to US$54.61 billion, a year-on-year increase of 3.7%) (excluding data from the banking, securities, and insurance sectors). In terms of the single month, in May, China's actual use of foreign capital was 63.83 billion yuan, a year-on-year increase of 8.5% (equivalent to US$9.47 billion, a year-on-year increase of 4.6%). Regarding the utilization of foreign
2019-06-26
Home medical devices now account for one-third of the entire medical device sector, and the prominent concept of chronic disease management is driving growth in this area. On June 24th, at a media communication meeting held by a home medical device company, Xu Shan, Secretary-General of the China Medical Device Industry Association and Project Director of the Management Office of the National Medical Device Industry Technology Innovation Strategic Alliance, told The Paper (www.thepaper.cn) that in recent years, home medical devices have transitioned from a model focused on "product approval" to a comprehensive regulatory model focused on "process supervision". Home medical devices refer to electronic...
2019-06-26
Robert Axelrod, a member of the US National Academy of Sciences and a renowned expert in behavioral analysis and game theory, once stated in his book The Evolution of Cooperation: “True strength does not lie in conquering others, but in wholeheartedly guiding cooperation.” This statement applies equally to Philips and Bersi Medical. After 2016, Philips China formally launched its digital transformation, focusing on the field of “health technology”. To this end, Philips performed a series of additions and subtractions: internally, it abandoned businesses it was not good at and invested heavily in its areas of expertise; externally, it abandoned areas it did not understand and leveraged its existing resources
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