Category: Emerging Markets
Covidien launches 1st-of-its-kind Center of Innovation in CEO Jose Almeida's home country of Brazil.
MASSDEVICE ON CALL — Medtech titan Covidien (NYSE:COV) cut the ribbon on a new training center in Sao Paulo, Brazil, the home country of president & CEO Jose Almeida.
Some of the medtech's biggest players may take a serious hit in China, a long-sought emerging market, where regulators are pushing for greater use of homegrown technologies to stem skyrocketing healthcare costs.
MASSDEVICE ON CALL — Chinese regulators are pushing local healthcare systems to look within when buying new medical products, a campaign that could spell bad news for global medtech giants that have placed big bets on the country's emerging healthcare market.