Topic:

Emerging Markets

Latest Headlines

Latest Headlines

Boston Scientific eyes Israel in global marketing push

As part of its strategy to sell more products in foreign markets, Boston Scientific announced the signing of a distribution partnership agreement allowing Israel's Amos Gazit Ltd to market and sell its interventional cardiology, peripheral interventions, endoscopy and urology/women's health products.

Novartis, NEA join $188M gamble on China biotech fund

BVCF, a Shanghai-based life sciences investor, has closed its third fund with $188 million to back upstart biotechs on both sides of the Pacific focused on the booming Asian market.

Boston Scientific takes to Asia with its subcutaneous ICD

Boston Scientific has launched its much-hyped S-ICD in Asia, notching the first implant of the under-the-skin system in Hong Kong as it looks to expand the market for the device.

Medtronic buys out a distributor as it cozies up to Turkey

Medtronic is looking to bypass some middlemen in its Turkish operation, buying a controlling stake in one of its distributors and launching a joint venture as it works to expand its share of the growing medical device market.

GlaxoSmithKline confronts new bribery allegations, this time in Iraq

Bribery allegations against GlaxoSmithKline are no longer confined to China. New claims have forced the pharma giant to open investigations on a second front, with the company now looking into possible corruption in Iraq, the company said Sunday.

WuXi bets on anti-counterfeiting tech with an eye on drug safety

WuXi PharmaTech, China's largest pharma outsourcing outfit, is investing in a startup that makes tiny, edible bar codes designed to prevent drug counterfeiting, planning to offer the same technology to its manufacturing customers.

Merck and Ferring team up on anti-bleeding drug for the developing world

Alongside Swiss drugmaker Ferring and the World Health Organization, Merck is embarking on a multinational effort to develop an easily transportable treatment for excessive bleeding, hoping to curb global rates of postpartum hemorrhage among the world's poorest mothers.

Sanofi sets sights on Africa with an eye on M&A

A few days after a similar announcement from GlaxoSmithKline, Sanofi said it plans to scale up its presence in Africa, looking to invest in marketing and R&D in response to the market's continued growth.

Big Pharma dusts itself off in China scandal, but crackdown isn't over

Nine months after GlaxoSmithKline's bribery scandal first ignited a corruption hunt among Big Pharma companies in China, drugmakers--GSK excepted--are returning to the strong emerging-markets growth they're accustomed to in the country.

Sanofi CEO vows to 'go beyond' handouts, hit double-digit growth in Africa

Just days after GlaxoSmithKline announced it would open a new R&D lab and invest more than $200 million in Africa, Sanofi CEO Chris Viehbacher is affirming his country's devotion to Africa, too.