Malaysian Firms Expect To Benefit From Demand For Medical Devices
This article was originally published in PharmAsia News
Several industries in Northern Malaysia are relying on the global demand for medical devices to carry them through the current economic crisis. More than half the nation's 180 medical device makers are located in the northern part of the country. Most of the medical device industry relies on semi-automated instruments and devices, a good fit for makers of automation equipment, precision engineering and packaging of medical products. Datuk Freddy K.W. Wong, head of Wong Engineering, one of the precision engineering companies, said he is looking to gaining more customers from makers of medical devices in the United States and Europe. (Click here for more
You may also be interested in...
US FDA looks to post-marketing studies to address elements of the NDA that were not central to its initial swift approval as the first COVID-19 therapy, including pediatric use and the interaction of hepatotoxicity and dose duration.
But advisory committee members caution against including pediatric population in COVID-19 vaccine trials, and one member expresses concern that Pfizer is testing those as young as 12 years of age. Agency is in discussions with product sponsors about enrollment of adolescents.
Public Company Edition: Four health care special purpose acquisition vehicles went public and two others announced mergers, but only one biopharma firm priced an IPO during the week of 19-23 October. Replimune’s $250m offering led recent FOPOs.