BioSpectrum Asia Magazine - May 2023

In this issue

$15B Pharma R&D Spends ROCKS APAC
Earlier seen as a generic powerhouse, Asia is now an important hub for pharma R&D innovation. The total gross expenditure by major companies on R&D across the Asia Pacific region crossed the $15 billion mark (approx) in 2022. Oncology, neurology, and immunology continue to draw a significant chunk of this investment. BioSpectrum Asia examines how top pharma companies in the region are
allocating their R&D budgets and the impact of the ensuing R&D endeavours on the industry.

India exempts full customs duty on all drugs used in rare diseases treatment

The Government of India has given full exemption from basic customs duty on all drugs and food for special medical purposes imported for personal use for treatment of all rare diseases listed under the National Policy for Rare Diseases 2021 through a general exemption notification

1 min

Singapore gives nod to first smart wearable stethoscope

Aevice Health, a Singapore-based medtech startup that specialises in developing remote respiratory monitoring solutions, has announced that its flagship medical device, the AeviceMD Monitoring System, has received approval from the Health Sciences Authority of Singapore (HSA).

1 min

Australia announces world first framework for rural and remote nursing

A world-first guide addressing the unique demands and challenges for Registered Nurses in rural and regional Australia has been released

1 min

Takeda to invest ¥100 B in new facility for plasma-derived therapies in Japan

Takeda Pharmaceutical will invest approximately 100 billion yen (Y) to build a new manufacturing facility for plasma-derived therapies (PDTs) in Osaka, Japan

1 min

Fujitsu launches new cloud-based platform for healthcare in Japan

Fujitsu has announced the launch of a new cloud-based platform that allows users to securely collect and leverage health-related data to promote digital transformation in the medical field

1 min

WHO certifies Azerbaijan and Tajikistan as malaria-free

The World Health Organisation (WHO) has certified Azerbaijan and Tajikistan for achieving elimination of malaria in their territories

1 min

$15B Pharma R&D Spends ROCKS APAC

Earlier seen as a generic powerhouse, Asia is now an important hub for pharma R&D innovation

10+ mins

Sydney University strengthens international ties in research and innovation

New international opportunities are open to Sydney researchers and students as the University expands partnership agreements with the University of Glasgow, Scotland and the University of California San Diego, US

1 min

International dementia research collaboration to address key health challenge in Australia and Japan

Three expert teams in Australia will share $1.5 million to undertake research into causes of dementia through projects funded by the National Health and Medical Research Council (NHMRC)

1 min

India develops screening device to assess blood vessel health

A team of researchers at the Indian Institute of Technology Madras (IIT-M) has developed a novel, non-invasive device to assess the health and age of blood vessels and thereby provide early screening for cardiovascular diseases

1 min

Korea designs artificial kidney for early detection of drug toxicity

A research team from Pohang University of Science and Technology (POSTECH), in South Korea, has engineered an artificial kidney that allows for the early detection of adverse drug reactions

1 min

BD introduces advanced ultrasound technology for optimal IV placement

BD (Becton, Dickinson and Company), a leading global medical technology company based in the US, has launched a new, easy-to-use advanced ultrasound device with a specialised probe designed to provide clinicians with optimal IV placement

1 min

Read all stories from BioSpectrum Asia

BioSpectrum Asia Magazine Description:

BioSpectrum Asia Magazine is a monthly magazine published by MM Activ Sci-Tech Communication in India. It is a leading biotechnology magazine in Asia, covering a wide range of topics related to the biotechnology industry, including:

* Biotechnology news and trends: BioSpectrum Asia covers the latest biotechnology news and trends from India and around the world.
* Biotechnology company profiles and interviews: The magazine profiles leading biotechnology companies in Asia and interviews their CEOs and other top executives.
* Biotechnology research and development: BioSpectrum Asia covers the latest biotechnology research and development from academic institutions and pharmaceutical companies.
* Biotechnology product reviews: The magazine reviews the latest biotechnology products and services.
* Biotechnology industry events: BioSpectrum Asia covers biotechnology industry events from around the world.

BioSpectrum Asia Magazine is a must-read for anyone who wants to stay informed about the latest advances in biotechnology and their potential to impact the world around us.