{"id":423316,"date":"2024-08-07T09:20:14","date_gmt":"2024-08-07T04:20:14","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=423316"},"modified":"2024-08-07T09:20:14","modified_gmt":"2024-08-07T04:20:14","slug":"china-to-support-for-localisation-of-pakistans-medical-device-industry","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/china-to-support-for-localisation-of-pakistans-medical-device-industry\/","title":{"rendered":"China to support for localisation of Pakistan\u2019s medical device industry"},"content":{"rendered":"<p> ISLAMABAD<br \/>\nHangzhou Aiche Medical Technology Co., Ltd. (a subsidiary of Boyue Group) and Pakistan\u2019s Lab Diagnostic Systems (LDS) upgraded their strategic partnership. The two companies will engage in deep cooperation in POCT (Point-of-Care Testing), jointly developing and optimizing comprehensive solutions tailored to local needs, accelerating application research and development, and facilitating the transformation of outcomes.<br \/>\nThis will support continuous innovation in the in vitro diagnostics sector. Compared with its population size, Pakistan faces significant challenges due to insufficient healthcare personnel and facilities.<br \/>\nOver 90% of the country\u2019s medical devices and diagnostic equipment are imported from the USA, UK, Germany, and China, costing approximately $1.1 billion annually to meet domestic medical needs.<br \/>\nAgainst this backdrop, some Chinese enterprises are focusing on technology transfer and deepening localized production. This collaboration marks an important step towards the localization of Pakistan\u2019s medical device industry, injecting new momentum into improving local healthcare standards and economic growth.<br \/>\nAs one of the companies visiting China with the Prime Minister of Pakistan this May, LDS participated in the Belt and Road Business Dialogue held in Shenzhen.<br \/>\nOn June 4, LDS signed a Memorandum of Understanding (MoU) in Shenzhen, outlining plans for the technology transfer and deepening of localized production of in vitro diagnostic reagents in Pakistan.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD Hangzhou Aiche Medical Technology Co., Ltd. (a subsidiary of Boyue Group) and Pakistan\u2019s Lab Diagnostic Systems (LDS) upgraded their strategic partnership. The two companies will engage in deep cooperation in POCT (Point-of-Care Testing), jointly developing and optimizing comprehensive solutions tailored to local needs, accelerating application research and development, and facilitating the transformation of outcomes. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-423316","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>China to support for localisation of Pakistan\u2019s medical device industry<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/china-to-support-for-localisation-of-pakistans-medical-device-industry\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China to support for localisation of Pakistan\u2019s medical device industry\" \/>\n<meta property=\"og:description\" content=\"ISLAMABAD Hangzhou Aiche Medical Technology Co., Ltd. (a subsidiary of Boyue Group) and Pakistan\u2019s Lab Diagnostic Systems (LDS) upgraded their strategic partnership. The two companies will engage in deep cooperation in POCT (Point-of-Care Testing), jointly developing and optimizing comprehensive solutions tailored to local needs, accelerating application research and development, and facilitating the transformation of outcomes. 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