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LATEST UPDATES » Vol 22, No 04, April 2018 – Digestive health in the 21st century - Trust your guts       » Food wasted in China could feed 30-50 million       » Chinese scientists analyze human brain's "CPU"       » $150,000 fundraiser launched to sequence South Asian genomes       » Green tea-based drug carriers improve cancer treatment       » Scientists grow liver cancer cells in lab      
EYE in CHINA
BSD Medical signs exclusive agreement for distribution of BSD's cancer treatment hyperthermia system in Taiwan
BSD Medical Corporation, a leading provider of medical systems that utilize heat therapy to treat cancer, announced that the Company has signed an exclusive agreement with Linden Bioscence Co., Ltd., a Taiwan corporation, for the sale and distribution of BSD's hyperthermia products in Taiwan.

Linden's primary focus will be licensing, marketing and selling the BSD-2000 Hyperthermia System (BSD-2000) in Taiwan. Linden is funded by a large Taiwanese philanthropic cancer foundation. Per the agreement, Linden is required to purchase a minimum number of BSD-2000 systems annually over a five year period, totaling a cumulative $7.1 million in revenue to BSD. Shipment of the first hyperthermia systems will coincide with Linden's receipt of Taiwan FDA import license approval.

β€œWe are pleased to have a focused, well-funded organization such as Linden as our distribution partner in Taiwan,” stated Harold R. Wolcott, President of BSD Medical. β€œThe Asia Pacific countries are becoming an increasingly important market and could represent up to 40% of the global health care market by 2015. With the addition of Taiwan, our exclusive Asian distributors have committed to minimum purchases, which could total more than $26.0 million in revenue to BSD over a five year period.”

Taiwan ranks as one of the world's leading economies, with a population of 23.3 million and overall GDP among the top 20 in the world. As a result, much of the population expects a high level of medical care. The Taiwan medical equipment market is focused on high-end, innovative technology, with a strong reliance on imported products.

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NEWS CRUNCH  
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Asia Pacific Biotech News
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APBN Editorial Calendar 2018
January:
Obesity / Outlook for 2018
February:
Searching for the fountain of youth
March:
Women in Science - Making a difference
April:
Digestive health in the 21st century - Trust your guts
May:
Asthma / Dental health
June:
Oncology / Biotech landscape in APAC
July:
Water management / Vaccination
August:
Regenerative medicine / Biotech start ups
September:
Digital healthcare / 3D printing
October:
Bones / Breast cancer
November:
Liver health / Top science research nations & institutions
December:
AIDS / Breakthrough of the year/Emerging trends
Editorial calendar is subjected to changes.
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