Scrip is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

Increased Competition For Medical Devices Drives Profits Down For Shanghai Medical

This article was originally published in PharmAsia News

Executive Summary

SHANGHAI - Increased competition and pricing pressures for medical devices led to lower profits for Shanghai Medical Technology's second quarter ended June 30, the company announced Aug. 21

You may also be interested in...



Central Government To Allocate RMB 2.7 Billion For Health Care Facilities In Rural Areas

The Ministry of Heath has revealed details for 2009's centralized purchasing of medical devices. The central government's almost RMB 2.7 billion funds ($392.9 million) for rural health care infrastructure on the level of county, village and hamlet will mainly be used for medical facilities and equipment. Besides continuing to provide basic health infrastructure for towns, the government will equip women's and children's health care organizations as well as TCM hospitals in the county. According to the "Program for Establishing and Developing a Rural Health Care Service System," the government will allocate an average of RMB 80,000 for general clinics, RMB 20,000 for central clinics, RMB 25,000 and RMB 380,000 for women's and children's health care centers and institutions respectively, and RMB 1 million for TCM hospitals. (Click here for more - Chinese Language)

J&J Opens Device Plant In Suzhou, Expects Larger Piece Of China’s Growing Device Market

BEIJING - Johnson & Johnson's medical device manufacturing base started operation in China's southern city of Suzhou, the company announced April 22

PharmAsia News Business Bulletin

A regular roundup of commercial stories appearing in Scrip’s sister publication PharmAsia News, whose multilingual team of regional experts provides authoritative business intelligence focused on the Asian marketplace. Full stories can be accessed by clicking on the story title (subscription required).

UsernamePublicRestriction

Register

OM013195

Ask The Analyst

Ask the Analyst is free for subscribers.  Submit your question and one of our analysts will be in touch.

Thank you for submitting your question. We will respond to you within 2 business days. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel