Recently, the Food and Drug Administration of China has released a draft to guide the post-marketing supervision of medical devices. Said guidance displays the role of regional and national regulators, manufacturers of medical devices and adverse event monitoring technology institutions in tracking the safety of the medical products after they are approved.
Philips is seeking to invest in healthcare technology start-ups in India, following other Fortune 500 firms in the world in empowering India's steadily growing start-up economy.
General Electric Healthcare India would be creating cost effective equipment to address global demands.
Medical equipment maker, Smith & Nephew announced that the company is in the market to make acquisitions.
Dempsey Ventures acquired Ethox Medical, Moog’s operations arm in Buffalo, New York.