China's Health Care Reform: Bull Run for Medtech Starts in the Year of the Ox
While all of the attention is focused on US health care reform and how it may hurt medical technology, China is undertaking massive reform of its own, which looks to be a boon, first for equipment and diagnostics, then for devices.
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Against a backdrop of shifting trade policies, the end of multilateral market approaches and renewed focus on supply chain resilience, medtechs are doubling down on innovation in products and processes – using AI – and keeping unmet needs and outcomes in the center of the target.
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Despite recent political turmoil, outside investor and corporate interest in South Korean biopharma innovation appears robust or even increasing.
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