As many as three-quarters of Chinese hospitals are expanding or upgrading their infrastructure and this will give medical device companies with the right market reach an enormous opportunity over the next decade or more.

To say that Neuros Medical (Cleveland) has been busy as of late would be an understatement. The firm is focused on raising money for a Series B funding round; just received an Investigational Device Exemption for its Altius product, which delivers high frequency electrical nerve block technology for patients suffering from chronic pain; and released results of a pilot study on the device.