India has issued new caps on the prices of 51 essential drugs in a move expected to reduce prices by between 6% and 53%, according to The Economic Times. Drugs used to treat heart problems, Hepatitis-C, and cancer are among those affected... Read More
This article was originally published on MedTech Intelligence. Introduction According to the World Health Organization (WHO), there are around 430 million diabetics worldwide, a number that will grow to 650 million by 2040. 60% of diabetics are Asian, and diabetes is currently... Read More
The Indian Central Drugs Standard Control Organization (CDSCO) has made it mandatory for global drug clinical trials to include Indian patients for internationally developed drugs. Additionally, global clinical trials that are already approved in ICH (international Council for Harmonization of Technical Requirements... Read More
This article was originally published on MedTech Intelligence. Introduction Sports medicine is the treatment of injuries or health problems related to exercise, sports, or any other health activity. Asia accounts for approximately 15 percent of the global sports medicine market, which was... Read More
The Indian government is increasing its efforts to target the overpricing of medical devices in the country. On August 1st, the Indian government informed parliament that medical devices must have the maximum retail price (MRP) labelled on their packaging by 2018. Minister... Read More
In a series of moves to crack down on the overpricing of medical devices, India’s National Pharmaceutical and Pricing Authority (NPPA) has announced plans to establish a pricing scheme for all orthopedic implants in the country. The new pricing scheme follows NPPA’s... Read More
This article was also published on MedTech Intelligence. The demand for orthopedic devices in Asia is thriving, primarily due to aging populations. The greater number of elderly adults results in a higher prevalence of osteoarthritis and other conditions leading to injuries requiring... Read More
There are several steps to consider when entering the Asian medical device market. This presentation covers 10 essential steps to help grow your business in Asia. Case studies will be used to demonstrate key points. To view these presentation slides, please click... Read More
India’s main regulatory body, the Central Drugs Standard Control Organization, plans to hire as many as 250 new inspectors in 2017 in order to improve the safety and efficacy of drugs produced in India. This proposal follows increased inspections by the US... Read More
Recently, Prime Minister Narendra Modi’s Ministry of Health published a 108 page notification on medical devices in India. Significant changes to medical device regulations include: Device licenses will no longer expire. The manufacturer will need to pay a renewal fee every 5... Read More