Malaysia Device, Drug Markets To Grow Despite Economic Crisis

The demand for medical devices and pharmaceuticals is expected to remain strong enough for the health care industry in Malaysia to weather the global financial crisis, insiders say. The country expects to count 1 million patients this year, up from 850,000 last year, indicating a recession-proof industry, according to a professor. A supplier of medical products agreed the demand would remain strong, allowing the industry to continue investing in technology and innovations. In general, however, spending decisions are expected to be more cautious because of the financial climate. (Click here for more