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BioWorld - Thursday, January 1, 2026
Home » Topics » Asia-Pacific, BioWorld MedTech

Asia-Pacific, BioWorld MedTech
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Computer chip over digital background with China flag

China’s new personal information protection law challenges company access to user data

Sep. 9, 2021
By Doris Yu
China’s Personal Information Protection Law (PIPL) will take effect on Nov. 1, 2021, making it harder for tech firms, including health care companies, to access and use consumers’ personal information. The PIPL was officially passed by the National People’s Congress on Aug. 20.
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Digital cancer cells illustration

Berry Oncology raises nearly $100M to ramp up early cancer screening products

Sep. 8, 2021
By Doris Yu
Berry Oncology Corp. raised $99.15 million in a series B1 financing round to expand in the early cancer screening industry as it is seeing a growing demand in the sector. This brings the total capital raised to what it says is “the highest level in China’s early cancer screening industry.” The round was led by China Merchants Capital Management Co. Ltd., along with existing investors Qiming Venture Partners and Legend Capital.
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IPO puzzle pieces

Following A$90M IPO, Trajan doubles share price as it executes global strategy

Sep. 3, 2021
By Tamra Sami
PERTH, Australia – On the heels of a A$90 million (US$67.12 million) initial public offering on the Australian Securities Exchange, device company Trajan Group Holdings Ltd. has doubled its share price and is well poised for its next stage of global growth. Trajan makes precision consumable products, devices and solutions that used in analyzing biological samples.
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International currency symbols

Singapore startup Doctor Anywhere banks $88M for telehealth expansion

Sep. 2, 2021
By Catherine Longworth
Health-tech startup Doctor Anywhere Ltd. (DA) has raised $88 million in series C fundraising, as the telehealth sector continues to be attractive for investors. The round is one of the largest private investments ever raised by a Southeast Asian digital health company and was led by growth equity investor Asia Partners. Novo Holdings, Philips, OSK-SBI Venture Partners, EDBI, Square Peg, IHH Healthcare, Kamet Capital and Pavilion Capital also participated.
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Illustration of diabetic foot ulcer, cross section of wound

Rokit wins South Korean approval for diabetic foot ulcers, preps for two IPOs

Sep. 2, 2021
By Gina Lee
Rokit Healthcare Inc. received approval from South Korea’s Ministry of Food and Drug Safety (MFDS) for Dfurege, its artificial organ platform to treat diabetic foot ulcers. “We hope that having a South Korean approval for this platform will be a boost for our planned IPO,” Seok Hwan You, CEO at Rokit, told BioWorld.
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Flag of Australia, sky background

TGA sues Medtronic for alleged unlawful supply of Infuse bone graft kit

Sep. 1, 2021
By Tamra Sami
PERTH, Australia – Australia’s Therapeutic Goods Administration (TGA) has initiated proceedings in the Federal Court of Australia against Medtronic Australasia Pty Ltd. for alleged unlawful supply of its Infuse bone graft kit, which contains a medicine and other components to stimulate bone growth in patients.
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Vuno, Vuno Med Deepcars logos overlaying heart monitor data

Vuno bags Korean approval for AI cardiac arrest prediction device

Aug. 31, 2021
By Gina Lee
Vuno Inc. received approval from South Korea’s Ministry of Food and Drug Safety (MFDS) for Vuno Med Deepcars, its artificial intelligence (AI) medical device for cardiac arrest prediction. Approval in hand, Seoul-based Vuno will push for wider adoption of its biosignal-based AI technology. Vuno Med Deepcars predicts the probability of cardiac arrest occurring within a 24-hour period by analyzing a patient’s pulse, respiratory rate, diastolic and systolic blood pressure as well as body temperature. The data is collected from the electronic medical record of hospitalized patients.
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HKEX exterior

Acotec shares plunge in Hong Kong debut amid regulatory changes in Chinese health care sector

Aug. 30, 2021
By Doris Yu
China’s ongoing efforts to tighten regulations across the board is hitting medical device companies. Two companies that issued shares in Hong Kong for the first time over the past week saw their shares tumble right out of the gate. Acotec Scientific Holdings Ltd. (HK: 6669) shares fell more than 25% on their first trading day on the Hong Kong Stock Exchange on Aug. 24 amid regulatory changes in China’s health care industry.
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Vocal soundwave illustration

Augnito looks to tap growing India market for speech recognition in health

Aug. 27, 2021
By T.V. Padma
The use of voice recognition systems based on artificial intelligence (AI) in health care is emerging in India, which offers a potentially enormous market, according to Scribetech Healthcare (India) Pvt. Ltd., one of the leading voice recognition companies in the country.
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3D heart in chest

Venstramedical raises $2M in seed funding to progress next-gen miniature heart pump

Aug. 26, 2021
By Tamra Sami
PERTH, Australia – Cardiovascular medical device company Venstramedical Ltd. has raised $2 million in seed funding to support development of a small catheter-inserted collapsible heart pump. The Sydney-based company is aiming to develop devices that provide cardiac support for failing hearts without the use of surgery, Venstramedical co-founder and CEO Martin Cook told BioWorld.
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