In Asia, health problems like cancer, heart disease, and automobile accidents are beginning to become the major causes of death, rather than infectious diseases. This major shift in health problems has pressed Taiwan’s government to improve its healthcare system. Previously, Taiwan had... Read More
Although the mergers and acquisitions (M&A) plan announced by Glaxo Wellcome and Smithkline Beecham at the end of January 1998 ultimately failed, it demonstrated a strong worldwide tendency towards M&A in the pharmaceutical industry. The combined sales of these two companies, as... Read More
This article contains analyses of healthcare trends and policies, and the role of foreign medical companies in China, Hong Kong, Indonesia, Malaysia, Philippines, Singapore, South Korea, Thailand and Vietnam. As Asia continues to be the fastest growing region in the world, economic... Read More
Growing healthcare reforms throughout Asia offer optimistic future prospects for multinational pharmaceutical companies. Southeast Asia has the world's fastest growing pharmaceutical market; while China's pharmaceutical sales have reached up to $10 billion and will continue to grow. Despite the issues of intellectual... Read More
As aging populations continue to expand in Asian nations, governments are keen to revise their healthcare systems to accommodate this growth. While Thailand’s medical device market expands, opportunities for U.S. and foreign medical device manufacturers will continue to flourish. Like most developed... Read More
Medical technology is developing at an unbelievable pace in Asia, possibly reaching an incredible 1520% annual growth rate over the next several years. Likewise, the South Korean market is expecting a boost in growth rates in the medical market due to new... Read More
This article gives a general overview of the Taiwanese medical market, explaining the healthcare system, medical device market, and the main functions of the country’s medical system. The Board of Foreign Trade (BOFT) in the Ministry of Economic Affairs, the National Bureau... Read More
As medical technologies become more widespread and advanced, multitudes of lives are prolonged by more modern and improved healthcare, particularly in Asia. Asia’s aging population has pushed governments to reform healthcare systems to accommodate this challenge. Subsequently, that has created more business... Read More
Despite a burgeoning population exceeding 1 billion, India's government is aiming to protect its citizens by providing quality medical care to all Indians, including those living in rural areas. This national priority will require increased numbers of imported medical device equipment, which... Read More
On November 1, 1994 Ronald Brown, U.S secretary of commerce, and Takakuzu Kuriyama, Japan’s ambassador to the United States, signed the Medical Technology Arrangement (MTA). The agreement marked an important step opening to U.S. manufacturers Japan’s public sector procurement market for medical... Read More