Category: Emerging Markets
Samsung's new Galaxy S5 smartphone features a heart rate sensor, and South Korean regulators are reviewing the technology to determine whether it qualifies as as medical device.
MASSDEVICE ON CALL — South Korean healthcare regulators are taking a closer look at Samsung's (LON:BC94) new Galaxy S5 smartphone in order to determine whether the built-in heart rate sensor turns the phone into a medical device.
New laws proposed by India healthcare regulators would for the 1st time treat medical devices as a category distinct from pharmaceuticals.
MASSDEVICE ON CALL — U.S. medical device makers lauded India's healthcare officials for progress on a bill that would for the 1st time separate medical device regulation from pharmaceuticals.
The bill was introduced last year and then referred to a standing committee. The committee's recommendations were tabled in December and are now under review by India's union health ministry, according to the Indo-Asian News Service.
Federal regulators close an investigation into Baxter's Chinese operations without taking any action against the healthcare giant.
MASSDEVICE ON CALL — Baxter (NYSE:BAX) closed the books on a federal bribery investigation after regulators dropped the probe without finding wrongdoing, the company announced.
Zynex lands approval to market its NexWave and NeuroMove devices in Russia, adding to the range of approvals both devices now have worldwide.
Zynex (OTC:ZYXI) obtained marketing clearance in Russia for both its NeuroMove and NexWave devices.