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Russia's health care sector has been under strain, suffering budgets cuts and repercussions from the ongoing sanctions. In the midst of this, plans to reinforce the local medtech industry received a boost recently when global top 10 manufacturer Philips Healthcare committed funds to embarking on new R&D locally and to further partnerships in Russia.
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New proposals by Australia’s Therapeutic Goods Administration include developing a list of unauthorized medical devices that could be made available to patients faster and more easily. A decision to include a product on the list would not be appealable, the TGA says.
UK's National Institute for Health and Care Excellence has recommended the HeartFlow FFRct Analysis for stable patients with a suspected myocardial infarction. NICE was won over by the potential £9m savings that the technology can bring to the National Health Services in the next five years.
Germany's introduction of benefit assessments for class IIb and class III medical devices, and the impending EU Medical Device and IVD Regulations will place an unquantified strain on medtech manufacturers in Europe's largest market. But new innovation schemes are adding more dimensions for businesses locally.
The UK medtech industry is looking past Brexit to a time when the government's new Life Science Strategy has gone live. It also seeks better access to the NHS for medtech companies developing and launching innovations as the UK makes its own way in the world as a former EU member state.
Sandra Peterson, Johnson & Johnson group worldwide chair, will take on leadership of the company’s hospital medical device business on June 1 when Gary Pruden, worldwide chair of medical devices, retires.
The US Medicare agency will expand its competitive bidding program for durable medical equipment, prosthetics, orthotics and supplies (DMEPOS) to include insulin pumps, and will add 10 new competitive bidding areas for continuous positive airway pressure (CPAP) devices. Many device suppliers, as well as Trump’s HHS Secretary-nominee Tom Price, oppose the bidding program.
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