Sunday, February 22, 2015

Arab Health and Brazilian Health Devices: Numbers and Results

Arab Health happened in January 26-29, 2015. 42 Brazilian companies participated at the event supported by the project named Brazilian Health Devices, which is promoted by the Brazilian Industry Association of Medical Equipment, Dental, Hospital and Laboratory (ABIMO) and Brazilian Agency for Export and Investment Promotion (Apex-Brasil).

            According to ABIMO, Arab Health is now known to be the second biggest healthcare trade fair in the world and the biggest in the Middle East. There were more than 4 thousand exhibitors, 120 thousand guests from more than 150 countries. The bottom line is Brazilian companies were not doing business exclusively with the Middle East, since the fair has become a global networking venue. The companies are expecting a US$ 21 million in business as a result of the fair.

Sunday, February 8, 2015

According to the Industry, the FDA has remarkably improved

PricewaterhouseCoopers (PwC) released a report last month showing the healthcare industry’s perception of the Food and Drug Administration (FDA). Following what was heard and seen during the annual conference of AdvaMed last October, the report demonstrated that 78% of the life science industry executives believe that "the FDA has improved the quality and frequency of its communication in the past two years." Entitled "FDA and Industry: A recipe for collaborating in the New Health Economy," the report interviewed 100 senior executives from the healthcare industry.

The FDA improved in several ways. The great majority of the executives responded that the agency provided actionable feedbacks and offered more "applicable guidance, rules and regulations”. Another interesting point showed by the report is the direct correlation between participating in meetings with the FDA at key moments during clinical development or before submitting an application and how good the relationship is between the agency and the healthcare companies.