Market & Industry Briefs, November 2012

Brief summaries of recent medtech market and industry developments. This month we cover China’s switch to a centralized billing system, St. Jude Medical’s RESPECT PFO closure trial, FDA’s approval of HeartWare’s LVAD, and end-of-the-year medtech M&A.

China’s determination to use a centralized bidding system to trim public health spending would directly impact purchasing of “high-value” medical devices under recent draft guidelines issued by the country’s Ministry of Health. New pricing pressures on both multinational and domestic device makers are a likely result, industry analysts say.

The Chinese Ministry of Health released a first draft proposal in March 2012 outlining requirements for county-level public hospitals to participate in provincial bidding to purchase medical devices such as...

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During MD&M East in Manhattan last week, a panel of experts discussed how the Trump administration’s trade policy is affecting manufacturing and offered some ideas on what manufacturers can do to help mitigate the chaos.

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More from Geography

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