20-Jul-15 In a bid to boost further Malaysia's burgeoning medtech sector, the country's investment authority has approved 11 medtech projects worth USD122 mn. Nine of the 11 projects are domestic investments by local companies, which include ABio Orthopedics, Straits Orthopedics, UWC Healthcare and Top Glove. [image: BioSpectrum]

20-Jul-15 Stryker Corporation has announced a definitive agreement to acquire Muka Metal in an all cash transaction. Muka, headquartered in Kayseri, Turkey, sells hospital beds, stretchers and related patient room furniture and accessories in Turkey and globally. [image: Stryker Corporation]

22-Jul-15 Under a collaborative agreement, Pittsburgh-based UPMC is one step closer to opening an international medical center in Changsha, China. In Aug-14 UPMC announced a five-year agreement to open the 3,500 bed Xiangya International Medical Center. So far, four floors of the building have been renovated, and UPMC has also trained staff in customer service, infection control and other areas. [image: Pittsburgh Post-Gazette]

14-Jul-15 Malaysia is being positioned the ASEAN hub of medical device manufacturing. It hosts more than 190 medical device manufacturers with investments worth RM13.2 bn (USD3.5 bn), including Ansell, Ambu, Bard, B.Braun, Haemonetics and St. Jude. The industry has been identified as one of five intended to re-energise the manufacturing sector. [image: Site Selection]

14-Jul-15 IBM supercomputer Watson is learning Arabic and setting up in the Middle East. The big data service will be part of a JV between IBM and Abu Dhabi's government investment arm. The company is banking on healthcare organizations turning to Watson, as customers like Cleveland Clinic and Mayo Clinic have done in the US. [image: Andrew Spear-The Washington Post/Getty Images]