Biotronik expands east
This article was originally published in Clinica
Executive Summary
German cardiovascular devices company Biotronik has established a new Asia-Pacific headquarters in Singapore. The move comes as sales of the firm's products in the region continue to gain pace; the company said it "tripled" its Asia-Pacific revenue "over the last five years" and now has over 250 employees – about 4% of its global workforce – there. It expects short-term growth in Asia-Pacific to be driven by an expanded service network and the introduction of new products.