Experts: Taiwan, Israel should form med device alliance

As far as the medical device industry goes, Taiwan and Israel may not have a lot in common at first glance. But experts met in Taipei recently to urge greater cooperation between both parties in the sector, Focus Taiwan News Channel reports. One reason why: Both countries support a medical device marketplace worth more than $800 million and have similar global market shares (27 and 26, respectively). Industry researcher Chang Hsin-yi explained that their similar market size would make it easier to hash out an industry partnership. Their mutual courtship is likely to continue at the 2nd Medical Devices & Health Information Technology & Exhibition in June in Tel Aviv, Israel. Story

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