Financial tsunami impact pharmaceutical industry equipment manufacturers optimistic response

60th session of the China medical equipment fair held in Suzhou, China medical device industry association and sinopharm jointly organized the "third China medical device industry investment and Finance Forum".

"And your new 30 year" is the theme of this forum, which not only embodies the hospital Expo pass of 30 years, also demonstrates industry over the past 30 years, the savings of energy, is seeking greater breakthroughs and developments. At the beginning of a new journey, an experienced global financial tsunami earthquake, China medical device industry in this environment of risk or opportunity? "from the capital, corporate and advisory company, and so many senior staff actively participate in this forum, discuss and Exchange. History so that "in the United States experienced 6 financial crisis, the only one not negative growth of industries is the medical industry. "Jiang feng, China Medical Association, chaired the opening in the doing, will give attendees horizons expanded to overseas, recalling a century of economic ups and downs. Merrill Lynch Vice President Asia-Pacific Healthcare Manager Carl Firth, said: "Although the overall market turbulence, Merrill Lynch's recent survey shows that 40% of the Fund Manager's shareholding in the medical industry is higher than other industries. In 1997-1998 years experience from the Asian financial crisis, 2000-2001 the Internet bubble and the ' 911 ' attacks when market conditions are not good, but the medical industry are unscathed. "He expected that the 2008 global healthcare financing of $ 11 billion, showing investors in this sector of great interest. Goldman Sachs Asia Chairman song xueren pointed out that the financial tsunami is not just the last 100 years the financial crises in the most serious crisis in the financial markets is a leading indicator of economic recession, but in the past, the medical industry has demonstrated a good result. At the same time in the world, medical industry merger activity remained strong. Novartis, Roche, Eli Lilly, etc. are carried out in the year of acquisition activity, the acquisition took place at the beginning of the financial tsunami tidal surge of the cloud. Carl Firth said that this year the medical industry's IPO volume decline, many companies "hanging without hair", waiting for better time. He affirmed this cautious approach, "unless there is a very unique technology, investors are more willing to put money into the familiar companies, instead of emerging small businesses. "The Tribunal issued by Shenzhen Stock Exchange regulatory Department Deputy Director Feng Shue at the Forum of a medical device company's listing. He revealed that, at present only four medical apparatus enterprises IPO, and domestic 1.3 Wanjia medical apparatus enterprise and good market sales scale very do not match. "The number of listed medical apparatus are insufficient to constitute a plate! but the latest listing of the birds and the companies in the capital market valuation levels are high, you can see that investors optimistic about this industry. "Feng tree evaluation road, with its core technology products and innovation ability, is the capital market continues to look good. General Electric (China) Medical Group President Chen Zhi-view, for a medical device company would also like to look at the difference. In the United States, because of the large manufacturers of many sales financing through financial and other means of implementation, the financial crisis comes, will cause some parts of the enterprise, and on the sales of small devices. European market mainly exchange rate fluctuations, caused by some of the effects is not great. China itself the existence of market demand, particularly in the emerging market for fast growing grass-roots level, these are the medical apparatus business growth opportunities.

Local demand increase associate investment company General Manager Wang to light in the forums, future medical apparatus industry in China has great opportunities for development, market demand and supply are increasing rapidly.

He is responsible for the company has a company in the domestic investment, and delegates are looking for more opportunities and related-party contacts. Jiang also very confident that the general direction of the hospital to determine medical devices will be the most benefit from a child. Because of China's financial tsunami in relatively stable and seismic capacity of the medical profession, plus medical apparatus sub-sectors of the profits, capital continues to flow into it. In addition to meeting the many Fund representatives interested in localization of multinational companies in the process also includes the Chinese medical apparatus Enterprise merger and acquisition. It is known, the earliest in the overseas going on the market of medical equipment company is the General Electric medical group participation, and universal health care in 1998 had a Chinese company mergers and acquisitions. Currently, Medtronic, and Johnson has partners in China, the next, you will have a new message publication. Overseas opportunity potential "in the past two years, China medical device trade surplus has been achieved. "Jiang's view, this result proves China medical device manufacturing industry from low-end to the mid-tier, and manufacture level has been recognized by the world," from Chinese appliance world influence can foresee the future of China medical device industry. " The financial tsunami, exporting medical devices companies will be affected? to overseas listing of Shenzhen MINDRAY bio medical AG Chairman joined Saif in may have been made, 80% of exports, MINDRAY 20% supply the Chinese market. "Due to export recession caused by the slowdown in the internationalization strategy, for Chinese enterprises, this is a short-term pain. "Joined Saif in May said that" 1975 oil crisis let Japan's car ran into the European and American markets, now traveled all over the world. Chinese medical device company has opportunities at this time, the rise in the financial tsunami? "he further stated that MINDRAY this year's export also doubled. People in the industry, the financial tsunami, the Government procurement cost control of medical devices may be more stringent, perhaps this is a high quality low priced products more access to government procurement range of excellent opportunities.