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Market Updates

Upsurge of China in Global Medical Device Industry
February, 2019

The Medical Devices Industry has wide range of complex, unsophisticated goods from bandages, hospital supplies to high-tech capital equipment’s (diagnostic & imaging equipment). The advancement in technology has led to adoption of innovation in device development leading to rise in the market. China is set to climb the medical device global value chain by stepping into the medical device by investing huge on OEMs (Original Equipment Manufacturers).  In past few years, the country captures the largest share of FDI for medical [...]

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Arkema Strengthening Powder Coating via New Landmark in India
February, 2019

Arkema Inc., a leading supplier to coating industry, opens a new plant in Navi Mumbai, India. Arkema announced the $15 million investment plant in October 2016 with target completion in 2018. The plant will produce first class polyester resin got powder coating which will be sold under brand name of Reafree®. Arkema’s Reafree® resin is primarily utilized in the development of low-VOC powder coating for various industrial and architectural applications. The characteristics of Reafree< [...]

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Application of Variable Messaging Signs in Real-Time Traffic Management
February, 2019

Managing traffic in real-time is a high-priority in various developed and developing countries; continued increasing number of vehicles on the road and managing the seamless movement of traffic appears to be the biggest problem in cities across the world. However, with the advent of technology solutions and IoT devices, traffic management can be simplified. The inclusion of information technology in traffic management has given rise to the concept of Intelligent Traffic Management System (ITMS). Intelligent Traffic Management System is not soft [...]

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Green Initiatives in Healthcare
February, 2019

GREEN INITIATIVESIt is clear that there is a global imperative for the healthcare industry to find solutions to some of the negative effects medical waste is imposing on the environment. Hence, the healthcare leaders as well as many emerging organizations are working to pioneer the industry into a more sustainable green machine. Few of the recent examples are cited as following: Siemens, whose businesses range from power plants to medical imaging machines, [...]

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$100m Worth Deal with Meiragtx to Enhance the J&J Gene Therapy Unit
February, 2019

Janssen Pharmaceutical Companies of Johnson & Johnson has taken a giant leap into gene therapy, with a collaboration deal with UK based biotech company MeiraGTx. The company is also concentrating on working on gene therapies for salivary gland problems and neurodegenerative diseases.The deal includes licensing of two inherited retinal disorder candidate for a value of $100m, and is proffering nearly $340m additional payments on progress towards market. The returns of this deal include the global rights of the gene th [...]

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Future of Remote Monitoring Devices
February, 2019

Real-time and remote patient monitoring devices have changed the face of healthcare increasingly. Today getting preventive care outside hospital setting has become seamless and may startups, have developed products and services that have revolutionized the medical care by streamlining the costs. Remote patient monitoring devices are evolving in the healthcare sector and has spread widely across the medical field. Importance of remote patient monitoring devices has played a vital role in onsite hospitals, clinics, at home clinics, and remote are [...]

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World’s First Total Body Scanner has the Potential to Revolutionize Medical Imaging
February, 2019

The world's first medical imaging scanner EXPLORER, that can capture a 3-D picture of the whole human body has produced its first scans few months back. Developed by UC Davis scientists Simon Cherry and Ramsey Badawi, EXPLORER is a combination PET and X-ray computed tomography scanner that can image the entire body. This machine captures radiation far more efficiently than other scanners and can produce an image in one second and, over time it can produce movies that can track specially tagged drugs as they move inside the entire body. This tec [...]

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3D-Printed Surgery Stents for Easy Closure of Arteries
February, 2019

A new 3D printed stent is developed by the Scientists at the University of Nebraska-Lincoln, which can help the cardiologists in suturing the small arteries. It is 3D-printed with a sugar-based substance, which melts and dissolves in minutes subsequent to the closure of the artery.Currently, one of the major challenges faced by the specialist is joining the open end of arteries. Nevertheless, the technique is dynamic in a range of surgical procedure, such as transplantation of organ or reconstructive surgeries. It is well-kn [...]

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Transformation in Prosthetic Care
February, 2019

Delivery of prosthetic enhancement is improving the lives of many people by providing quality life to more amputees. There are exciting new technologies that give promising solutions. The next generation ankle systems for amputees have shown excellent improvements in providing power, stability, quality, control, and battery run time (optional). One such is the BIONX empower ankle. These systems have integrated battery design that feels less bulky and greater power delivery. The new techniques have revolutionized the provision of prosthetic care [...]

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Pfizer Makes Significant Gains In Oncology Portfolio With CHMP nod To Approve Vizimpro In Europe
February, 2019

Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) has given a positive opinion for the approval of Vizimpro (dacomitinib) developed by Pfizer, Inc. for the treatment of lung cancer. Pfizer is eyeing approval of Vizimpro (45 mg) in Europe for the first-line treatment of metastatic non-small cell lung cancer (NSCLC) in patients with EGFR activating mutations.  The drug was approved in the US in September 2018. The drug holds immense sales potential as EGFR-mutated non-NSCLC is associated with low ov [...]

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