Ahmet Sevindik
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Latest From Ahmet Sevindik
Turkey: International Medtechs Demand Stable Pricing And On-Time Payments
Growth prospects for Turkey’s medical technology market are significant, but local companies have complained about public policies that are harmful to business and about the ongoing crisis in the hospital system. Now, international medtechs are starting to react, with some downscaling local operations and portfolios. Association of Research Based Medical Technologies Manufacturers president Umut Gokalp laid out the problems being faced by industry, and what action he thinks the government should take.
Turkey’s Domestic Vaccine Production Drive Prompts New Partnerships
The Turkish government’s drive to establish domestic manufacturing for vaccines is showing tentative signs of getting off the ground. New partnerships are forming between Turkish and international partners. However, lack of local know-how is hampering progress.
Turkey Finally Ups Reimbursement Prices, But Hospital Debts Still Hang Over Medtechs
Late payments of medtech bills by hospitals combined with persistently low reimbursement prices have pushed Turkish device manufacturers to the brink. But after a recent intervention from the industry, the government has finally done something to address industry’s calls for systematic and comprehensive improvement of medtech reimbursement prices.
Big Pharma Nibbles As Turkey’s Localization Policy Yields Limited Results
The Turkish Government’s carrot-and-stick “localization” policy has started to yield results with some multinational pharma companies including GSK and Sanofi disclosing joint production ventures with local companies, but these ventures have been limited by difficult economic conditions and worsening investment environment, and the fixed euro rate.
Turkish Medtech Industry Demands More Support From The Government
Medical device companies, particularly SMEs, are having a tough time in accessing the local market in Turkey and on being paid enough once they get there. Kemal Yaz, president of the Federation of the Medical Device Manufacturers’ and Suppliers’ Association (TUMDEF), spoke to Medtech Insight about local manufacturers’ problems and expectations.
Turkey’s $10Bn Medtech Tender Must Come With Export And Local IP Elements
Turkey’s health ministry has disclosed that the forthcoming $10bn medical device tender must come with conditions that strengthen the local manufacturing infrastructure. It must also give Turkey “real” technology with IP rights, not merely an assembly activity for parts manufactured abroad. The tender will be ready in some two to three months.