Zibo pushes tech innovation, industrial upgrade

5 days ago

'India fourth largest medical devices market after Japan, China and South Korea': Union Minister Anupriya Patel

NEW DELHI: India is the fourth largest medical devices market in Asia after Japan, China, and South Korea and among the top 20 global medical devices markets in the world, said Union Minister of State of Health and Family Welfare Anupriya Patel on Thursday. Speaking at the 21st Health Summit of the Confederation of Indian Industry, she said the medical …

India Healthcare Patel Medtech

2 weeks, 4 days ago

AI can help slash healthcare spending by USD 360 billion

New Indian Express

BENGALURU: Artificial intelligence -based healthcare breakthroughs that support and enhance the capabilities of healthcare practitioners have now become a necessity. Kalavathi G V, Executive Director & Head - Global Development Center, Siemens Healthineers, says AI has been predicted to save 5-10% of healthcare spending, which is about USD 200-360 billion. She told TNIE that reducing the administrative burden on frontline …

Health Healthcare Ai Siemens Healthineers Kalavathi Usd 360

1 month ago

Medical supply firm Medline aims to raise over $5 billion in 2025 IPO, sources say

Live Mint

By Echo Wang NEW YORK, Nov 21 - Private equity-owned Medline Industries is aiming to raise more than $5 billion in its U.S. initial public offering expected to occur in 2025, people familiar with the matter told Reuters on Thursday. The stock market flotation could value the medical supplies provider at about $50 billion and come as early as the …

Ipo Market Medline

1 month, 1 week ago

Innovative medical solutions launched at import expo

China Daily

Jinbao, mascot of the China International Import Expo. The China International Import Expo, as an important platform for global trade, provides healthcare companies with the valuable opportunity of showcasing their achievements and engaging in more open and deeper collaboration with partners for broader market opportunities, said business executives. They made the remarks as the seventh edition of the international exchange …

Health China Chinese Ciie Solutions Expo Import Expo

1 month, 2 weeks ago

Govt unveils new schemes for meditech sector

Live Mint

The government on Friday launched a scheme aimed at strengthening the medical devices industry with an initial outlay of ₹500 crore for three years 2024-2025 to 2026-27. It consists of five sub-schemes—common facilities for medical devices clusters with an outlay of ₹100 crore, marginal investment for reducing import dependence, capacity building and skill development for medical devices and medical device …

India Medical Industry Indian Device

1 month, 2 weeks ago

CIIE opens up infinite possibilities for pharma, medical device industry

China Daily

The China International Import Expo, as an important platform for global trade, provides healthcare companies with valuable opportunities to showcase their achievements and engage in more open and deeper collaboration with partners for broader market opportunities, said business executives. They made the remarks as the international exchange platform, in its seventh edition this year, has attracted many leading pharmaceutical and …

Health Global China Chinese Shanghai Solutions Incaier

4 months, 3 weeks ago

High-tech leap making remarkable changes to country's healthcare system

China Daily

Visitors check out a medical recovery large model during the World Artificial Intelligence Conference in Shanghai on July 5. And, in the past seven years, I have seen AI making remarkable changes to the medical system in China, fundamentally altering people's lives. China Merchants Securities said the global AI plus healthcare market, which is currently valued at $5 billion, will …

Healthcare China Medical Google Process Doctor Ai

5 months ago

Guideline promotes pharma innovation

China Daily

An employee checks equipment at a pharmaceutical plant in Lianyungang, Jiangsu province. GENG YUHE/FOR CHINA DAILY China has adopted a guideline to promote the development and availability of innovative drugs, with price management improvements, medical insurance payments, commercial insurance coverage, as well as investment and financing topping the work agenda. Meanwhile, China could draw inspiration from international practices by supporting …

Insurance China Medical Drugs Innovative Pharmaceutical Pharma

5 months ago

Guideline promotes pharma innovation

China Daily

An employee checks equipment at a pharmaceutical plant in Lianyungang, Jiangsu province. GENG YUHE/FOR CHINA DAILY China has adopted a guideline to promote the development and availability of innovative drugs, with price management improvements, medical insurance payments, commercial insurance coverage, as well as investment and financing topping the work agenda. Meanwhile, China could draw inspiration from international practices by supporting …

Insurance China Medical Drugs Innovative Commercial Pharmaceutical

5 months, 1 week ago

Chinese company wins global IP award for its innovation

China Daily

A Chinese enterprise and eight foreign ones became the winners of this year's World Intellectual Property Organization Global Awards for their innovation in diverse areas such as health, environment and agriculture. With strong skills in IP management, it focuses on the research and development of surgical robots and intelligent medical equipment, according to the Beijing Municipal Intellectual Property Office, the …

Chinese Beijing

5 months, 2 weeks ago

GCCs are tapping Gen AI to unlock new growth frontiers

Hindustan Times

‘Global Capability Centres are specialised offices set up by multinational companies in different countries to tap into local talent for various business functions such as information technology and research and development, marketing and legal services. AI REUTERS/Aly Song/ {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} Through this evolution, GCCs are not only enhancing operational capabilities but also spearheading technological transformation and accelerated innovation …

India Innovation Transformation Ai Stem Gen Gccs

5 months, 2 weeks ago

Firms to get support for future tech, products

China Daily

A robot dog on display at the Global Digital Economy Conference 2024, which kicked off on Tuesday in Beijing. CHENG GONG/FOR CHINA DAILY China will encourage companies and institutions to develop core technologies and landmark products in future-oriented and strategic emerging industries, to drive industrial upgrade and promote new industrialization, the country's top industrial regulator said on Friday. He said …

China Future Tech Manufacturing Equipment Industrial Country

6 months ago

Zibo company seeks business opportunities in Russia

China Daily

Shandong Huaxin Communication Technology Co Ltd in Zibo expands its global footprint by taking part in international exhibitions. Shandong Huaxin Communication Technology Co Ltd in Zibo recently accelerated its going global process by participating in an international communication equipment exhibition in Moscow, Russia in April. As part of a cultural exchange, the delegation from Shandong Huaxin Communication Technology Co Ltd …

Communication Russia Exhibition International Market Zibo Shandong Huaxin Communication Technology Co Ltd

7 months, 1 week ago

Smart solutions playing doctor in medical advances

China Daily

A visitor checks out Shukun Technology's artificial intelligence assisted diagnostic system at the 2024 China International Medical Equipment Fair in Shanghai in April. Currently, Shukun's Digital Body covers full patient services from disease screening, to diagnosis and treatment planning processes, and has been applied in smart imaging, smart surgery and smart health management fields. By 2025, China's AI-enabled medical imaging …

Digital Sector Ai Smart System Medical Institutions Digital Body

7 months, 1 week ago

AI, biotech seen transforming healthcare

China Daily

An artificial intelligence-aided diagnostic system is displayed during the 2024 China International Medical Equipment Fair in Shanghai in April. New quality productive forces, represented by artificial intelligence and other digital technologies, are shaping China's healthcare sector, likely cultivating the next paradigm shift, industry experts said. Jensen Huang, co-founder, president and CEO of Nvidia, said that with the empowerment of digital …

Healthcare China Medical Development Digital Ai Technologies

7 months, 1 week ago

AI, biotech seen transforming healthcare

China Daily

Sean Shan, senior vice-president of Takeda, introduces the company's digital transformation over the past years at the 2023 China International Import Expo in Shanghai in November. For example, when AI-enabled technology platforms are docked with huiminbao — a commercial healthcare insurance that supplements public healthcare insurance — patients no longer need to jump through hoops to process claims. By matching …

China Ai Claim

7 months, 1 week ago

AI, biotech seen transforming healthcare

China Daily

An artificial intelligence-aided diagnostic system is displayed during the 2024 China International Medical Equipment Fair in Shanghai in April. New quality productive forces, represented by artificial intelligence and other digital technologies, are shaping China's healthcare sector, likely cultivating the next paradigm shift, industry experts said. Jensen Huang, co-founder, president and CEO of Nvidia, said that with the empowerment of digital …

Healthcare China Medical Development Digital Ai Technologies

8 months ago

Wego Group breaks barriers, improves lives

China Daily

Established in 1988, Wego Group has dedicated itself to the development of medical devices and pharmaceuticals, creating a comprehensive healthcare ecosystem encompassing medical manufacturing, medical commerce, and medical services. Through relentless innovation and precise services, the company has established a strong presence in various healthcare segments, including orthopedics, blood purification, clinical care, medical packaging, surgery, medical equipment, and medical engineering. …

Medical Group Wego Group Wego

8 months ago

Wego Group breaks barriers, improves lives

China Daily

Established in 1988, Wego Group has dedicated itself to the development of medical devices and pharmaceuticals, creating a comprehensive healthcare ecosystem encompassing medical manufacturing, medical commerce, and medical services. Through relentless innovation and precise services, the company has established a strong presence in various healthcare segments, including orthopedics, blood purification, clinical care, medical packaging, surgery, medical equipment, and medical engineering. …

Medical Group Wego Group Wego

8 months ago

Wego Group breaks barriers, improves lives

China Daily

Established in 1988, Wego Group has dedicated itself to the development of medical devices and pharmaceuticals, creating a comprehensive healthcare ecosystem encompassing medical manufacturing, medical commerce, and medical services. Through relentless innovation and precise services, the company has established a strong presence in various healthcare segments, including orthopedics, blood purification, clinical care, medical packaging, surgery, medical equipment, and medical engineering. …

Medical Group Wego Group Wego

8 months ago

Wego Group breaks barriers, improves lives

China Daily

Editor's note: Shandong province, a coastal powerhouse in eastern China, is charting a dynamic course towards fostering new quality productive forces, driving economic growth and sustainable development. Established in 1988, Wego Group has dedicated itself to the development of medical devices and pharmaceuticals, creating a comprehensive healthcare ecosystem encompassing medical manufacturing, medical commerce, and medical services. Wego Group's extensive product …

Medical Sustainable Development Group Shandong Wego Group Wego

9 months, 3 weeks ago

Hyderabad Playing a Key Role in Medtronic Global Products

Deccan Chronicle

We are focused on working across segments in neuroscience, ENT, neuromodulation pelvic health, connected health care, and others. For instance, if we talk of cardiovascular care, a sensor based device is connected care to a programme, which is connected to the cloud and to the clinician. More than 50 percent of the team is into software development, testing, embedded firmware …

Software Development

9 months, 3 weeks ago

Tech in Healthcare to Alleviate Pain, Make Treatment Affordable: Experts

Deccan Chronicle

Hyderabad: In days to come, surgeries will go the minimally invasive way. He highlighted Medtronic's commitment to pioneering new therapies, citing examples such as minimally invasive procedures facilitated by catheter-based pacemakers and innovative treatments for conditions like hypertension.Delivering a keynote address at the BioAsia, Martha delved into the application of machine learning and deep learning in the medical device industry, …

India Tech Martha Ricks Healthcare Innovation Medtronic Treatment Affordable

9 months, 3 weeks ago

Make healthtech accessible to rural people, poor, says Telangana Governor

The Hindu

Telangana Governor Dr. Tamilisai Soundararajan has underscored the need for taking healthtech, particularly innovations by startups that promise to cut down time and cost of the procedures, to rural populace and the economically weak in order to help improve healthcare access for them. “Poorest of poor, rural people, must benefit from innovations,” she said presenting awards to five startups at …

Life Sciences Telangana Bioasia Ur Advanced Therapeutics

10 months, 2 weeks ago

OpenAI-backed healthcare AI startup raises $70 million Series B funding

Hindustan Times

Artificial intelligence startup Ambience Healthcare said Tuesday it raised $70 million in a Series B funding round to “give every healthcare worker AI superpowers.” Ambience Healthcare’s flagship product, AutoScribe, is a real-time AI medical scribe used to generate medical notes. Ambience Healthcare provides a set of software tools for hospitals and other healthcare organizations, powered by large language models, the …

Healthcare Medical Ai Ambience Million Series

10 months, 3 weeks ago

China sets goals to breakthrough in future industries

China Daily

Humanoid robots perform at the World Robot Conference 2023 in Beijing, capital of China, Aug 16, 2023. China aims to achieve breakthroughs in humanoid robots, quantum computers, high-speed trains, next-generation aircraft, green intelligent ships and unmanned watercraft, as part of its broader push to cultivate future industries, according to a government guideline. The guideline, unveiled by the Ministry of Industry …

Future Future Industries Industries China Sets

1 year, 1 month ago

Zibo medical enterprise showcases products at Medical Japan 2023

China Daily

Intco Medical, a local enterprise based in Zibo city, Shandong province presented its range of medical consumables and healthcare equipment at the Medical Japan 2023 exhibition, which commenced in Tokyo on Nov 7. During the event, Japan Medical Tourism held in-depth discussions with Intco Medical, during which the head of Intco Medical provided insights into the company's history, technical strengths, …

Medical Japan Medical Japan Medical Japan 2023 Intco Medical

1 year, 1 month ago

Zibo medical enterprise showcases products at Medical Japan 2023

China Daily

Intco Medical, a local enterprise based in Zibo city, Shandong province presented its range of medical consumables and healthcare equipment at the Medical Japan 2023 exhibition, which commenced in Tokyo on Nov 7. During the event, Japan Medical Tourism held in-depth discussions with Intco Medical, during which the head of Intco Medical provided insights into the company's history, technical strengths, …

Medical Japan Intco Medical

1 year, 1 month ago

Zibo intelligent manufacturing takes center stage in Russia

China Daily

Manufacturer Zibo Zhongnan Pharmaceutical Packaging Materials Co Ltd attracted attention when it attended the 12th Russia Veliky Novgorod International Food and Drug Exhibition, held recently in the city of Veliky Novgorod in Russia. Visitors check out the stand of Zibo Zhongnan Pharmaceutical Packaging Materials Co Ltd. During the expo, the company presented six product series and over 30 of its …

Russia Zibo Veliky Novgorod

1 year, 1 month ago

Zibo intelligent manufacturing takes center stage in Russia

China Daily

Manufacturer Zibo Zhongnan Pharmaceutical Packaging Materials Co Ltd attracted attention when it attended the 12th Russia Veliky Novgorod International Food and Drug Exhibition, held recently in the city of Veliky Novgorod in Russia. Visitors check out the stand of Zibo Zhongnan Pharmaceutical Packaging Materials Co Ltd. During the expo, the company presented six product series and over 30 of its …

Russia Veliky Novgorod Zibo Intelligent

1 year, 4 months ago

India to become global hub of medical technology devices by 2050: Mandaviya

Live Mint

New Delhi: India is poised to become a global center for medical technology and devices, said health minister Mansukh Mandaviya on Thursday while addressing the curtain raiser to India MedTech Expo 2023. With effective implementation of the recently unveiled National Medical Devices Policy 2023, we are confident of fostering the medical devices sector growth from present $11 billion to $50 …

India Medical Market Share Devices Mandaviya

1 year, 5 months ago

Investors upbeat over innovative development

China Daily

A session themed "China and Africa: Mutually Transformative" is held during the 14th Annual Meeting of the New Champions, also known as the Summer Davos Forum, in Tianjin on June 29. As China's high-end clothes sewing market thrives, this R&D center will help the company cater to the country's growing demand for high-performance, multifunctional sewing machines, said Okada Yoshihide, general …

China Innovation Development Market Chinese Tianjin Insilico Medicine

1 year, 5 months ago

Investors upbeat over innovative development

China Daily

A session themed "China and Africa: Mutually Transformative" is held during the 14th Annual Meeting of the New Champions, also known as the Summer Davos Forum, in Tianjin on June 29. As China's high-end clothes sewing market thrives, this R&D center will help the company cater to the country's growing demand for high-performance, multifunctional sewing machines, said Okada Yoshihide, general …

China Innovation Development Market Chinese Tianjin Insilico Medicine

1 year, 6 months ago

Zomato and Blinkit likely to get AI tools to improve services, plan to hire more engineers, data scientists

India Today

We are heading towards an AI transformation. People familiar with the matter informed the publication that Zomato, which also owns the quick commerce platform Blinkit, intends to hire engineers specialising in machine learning, data science, and natural language processing to develop its AI-based products. Additionally, the company is reportedly planning to integrate AI into various customer-interfacing features such as search …

Machine Learning Ai Zomato Customer Generative Ai Blinkit Zomato And Blinkit

1 year, 7 months ago

Medtronic to expand R&D operations in Hyderabad with ₹ 3,000 cr investment

The Hindu

Global leader in healthcare technology Medtronic will expand footprint in Hyderabad with a ₹3,000 crore investment on its research and development centre, which already serves as the largest such facility for the company outside the United States. The investment will support in key healthcare technology areas like robotics, imaging and navigation, surgical technologies, and implantable technologies, Medtronic and Telangana government …

India Innovation Hyderabad Telangana Medtronic Investment Global Meic

1 year, 7 months ago

Centre notifies National Medical Device Policy

Live Mint

New Delhi: The Union government on Thursday notified the National Medical Device Policy 2023, aiming to establish India as a global leader in manufacturing and innovation of medical devices by achieving a 10-12% share in the expanding global market over the next 25 years. The policy, detailed in a gazette notification issued on Thursday, outlines a regulatory mechanism, protocol for …

India Medical Medical Devices Devices Device Policy

1 year, 9 months ago

Video: Zibo High-tech Zone flourishes

China Daily

These days the Zibo High-tech Zone – a sci-tech industrial zone located in Zibo city, in East China's Shandong province – is going from strength to strength. The zone is dedicated to promoting technological innovation, research and development and high-tech industries. The zone is home to a number of leading companies, including Foxconn and Hisense, as well as numerous research …

Zone Located

1 year, 10 months ago

Medical devices industry distressed over Budget 2023 announcements

The Hindu

The Indian medical devices industry has expressed disappointment over what they believe is a tokenistic 2023-24 Budget announcement of plans for skilling human resources in the sector. The government has not announced any measures to help end the 80-85% import dependence forced upon India, and an ever-increasing import bill of over ₹63,200 crores,” said Rajiv Nath, Forum Coordinator, Association of …

India Medical Medical Devices Indian Nath Industry Distressed Medical Devices Industry

54 years, 11 months ago

How AI is Revolutionizing Drug Development

Wired

It costs an estimated $2.6B to bring a single molecule to market, of which 90 percent fail clinical studies. During this briefing, WIRED’s deputy global editorial director, Greg Williams spoke with Professor Yaakov Nahmias, founder of Tissue Dynamics, regarding the future of drug development and how it is dramatically increasing clinical success rates by using sensor-driven discovery. During a clinical …

Prof Wired Nahmias

3 years, 2 months ago

Velotio to hire 200 engineers to fuel its product engineering delivery

Hindustan Times

Velotio Technologies, a top product engineering company is planning to hire 200 engineers to fuel its growth as it expands into new international markets. This new hiring roadmap aligns with our plan of capturing benefits from the digital acceleration post-pandemic when the companies have advanced the adoption of digital technologies by several years”, said Kalpak Shah, CEO- Velotio Technologies. Velotio’s …

Work Digital Companies Company Product Velotio Technologies Velotio

3 years, 10 months ago

Intco Medical net profit surges in 2020

China Daily

Based in Zibo, Shandong province, Intco Medical enjoyed a bullish performance in 2020, with its net profit expected to soar by nearly 40 times compared with 2019. On Jan 24, Intco Medical released its annual results forecast for 2020 which stated that its profits attributable to the shareholders of the listed company will reach between 6.8 billion yuan and 7.3 …

Medical Billion Intco Medical Intco

4 years, 1 month ago

Japanese entrepreneur praises Zibo's business environment

China Daily

"Over the past 20 years, Shandong province has developed rapidly, especially Zibo city, which has undergone tremendous change," said Yoshinori Amamoto, general manager of Zibo AGC Alumina Materials Co, a Sino-Japanese joint venture. Yoshinori Amamoto, general manager of Zibo AGC Alumina Materials Co "When I first came to Zibo in 1997, the lack of good Japanese food was a huge …

Japan Japanese Zibo Yoshinori Amamoto Entrepreneur Praises

4 years, 1 month ago

Japanese entrepreneur praises Zibo's business environment

China Daily

"Over the past 20 years, Shandong province has developed rapidly, especially Zibo city, which has undergone tremendous change," said Yoshinori Amamoto, general manager of Zibo AGC Alumina Materials Co, a Sino-Japanese joint venture. Yoshinori Amamoto, general manager of Zibo AGC Alumina Materials Co "When I first came to Zibo in 1997, the lack of good Japanese food was a huge …

Japan Japanese Zibo Yoshinori Amamoto

4 years, 4 months ago

COSMOPlat boosts ceramics industry in Zibo

China Daily

Since July, the construction ceramics industry has entered a season of traditionally lower sales. On the Tongyi Ceramics Science and Technology's No 2 production line, which has just finished technical transformation, employees keep busy working on machines. "We are putting in extra hours to produce additional orders for marbles," said Chen Shiwei, the company's manager. Chen said that thanks to …

Chen