Articles

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  • COUNTRY AT A GLANCE: JORDAN

    Posted on Oct 09, 2013
    The Hashemite Kingdom of Jordan is a constitutional monarchy situated in the Middle East on the Jordan River, the Dead Sea, and the Gulf of Aqaba. In 2010, the nearly 90 000 km2 country was ranked as the 19th most expensive country in the world to live for its 6.5 million population. Amman, the capital of Jordan, has been recognized as one of the top 10 best cities in the world to launch a tech start-up by Rachid Sefraoui, the founder of Finaventures, in 2012.

    Reputed for its quality health care system, Jordan has been a center for medical tourism for over forty years, resulting in over USD $1 billion in revenue in 2010 from 250 000 patients from 102 countries. The World Bank rated Jordan as the fifth medical tourism destination in the world. In recent years, new public and private hospitals have... Continue reading
  • COUNTRY AT A GLANCE: MACEDONIA

    Posted on Sep 24, 2013
    The mountainous Republic of Macedonia was formed in 1991 following the fall and separation of Yugoslavia. With just over two million people, the parliamentary democracy is located in Southeastern Europe and aspires to membership in the European Union. Macedonia was officially recognized as an EU Candidate State in 2005. At this time, ascension talks have... Continue reading
  • CASE STUDY: THE REWARDS OF EXPERT REGULATORY NAVIGATION IN KAZAKHSTAN

    Posted on Sep 24, 2013
    The Republic of Kazakhstan is one of the world’s largest countries with a population of over 16 million people. The quickly growing economy in Kazakhstan has seen increased government spending in the health care sector since 2005, though regulations are undergoing changes as the Ministry of Health aims to improve the quality of health care. In 2013, Arazy Group initiated registration for over twenty medical devices in Kazakhstan from manufacturers in Germany, the Netherlands, Sweden, the United Kingdom, and the United States. The registration process in Kazakhstan offers two main challenges. Firstly, Kazakhstan requires that... Continue reading
  • COUNTRY AT A GLANCE: COLOMBIA

    Posted on Jul 31, 2013
    From the heights of the Andes to the rainforest of the Amazon and the coasts of the Pacific Ocean and Caribbean Sea, The Republic of Colombia is one of the largest countries in South America. With 48 million people, its economy is ranked the third largest on the continent and the 28th highest GDP in the world.

    Sweeping health care reform in the 1990s that pledged universal health coverage to Colombians are still underway, with approximately 80% of Colombians... Continue reading
  • THE ELEKTA CASE STUDY: 76 PRODUCTS, 16 COUNTRIES, 12 MONTHS

    Posted on Jul 31, 2013
    In August 2012, Arazy Group was approached by Elekta, which provides clinical solutions for the entire spectrum of care in oncology, neurosurgery, radiosurgery, and radiotherapy for precision treatment of cancer and brain disorders. Elekta solutions in oncology and neurosurgery are used in 6000 hospitals globally, and every day more than 100 000 patients receive diagnosis, treatment, or follow‐up with the help of the company's solutions... Continue reading
  • COUNTRY AT A GLANCE: TUNISIA

    Posted on Jul 11, 2013
    The Republic of Tunisia is the smallest country in North Africa, with over 10 million residents and one of the highest standards of living in the continent of Africa. With 1300 kilometres of coastline on the southern Mediterranean coastline, Tunisia has strong trade ties with its African neighbours and European countries across the sea. In 2011, 66% of Tunisia’s foreign trade was with Europe.

    Despite the global economic recession, Tunisia has maintained steady growth throughout the past decade. Tunisia has worked toward free trade, export-led growth, and more open economic policies that are favorable to the private sector. Today, Tunisia’s economy is among the most diversified... Continue reading
  • COUNTRY AT A GLANCE: ISRAEL

    Posted on May 30, 2013
    A country of just over 8 million people, Israel is located in the Middle East on the coast of the Mediterranean Sea. It is home to diverse landscapes; from beaches and valleys to mountains and deserts, this small country has become internationally recognized as a powerhouse of innovation and entrepreneurship. Today, its highly developed economy has resulted in the highest standard of living in the Middle East and one of the highest life expectancies in the world... Continue reading
  • 6 ADVANTAGES OF YOUR FDA APPROVAL OUTSIDE THE USA

    Posted on May 30, 2013
    Any medical device that carries USA FDA approval automatically benefits when registering the same device in other international markets. Whereas many companies found little need to look beyond the major economic markets before the 2008 global financial crisis, recently, many companies have turned to emerging markets for growing opportunities in sales and marketing of medical devices. The realized and potential expansion in these markets has resulted in significant gains for MedTech companies of all sizes.

    One of the greatest challenges of diversifying international sales is navigating the variant and sometimes complex regulatory systems, particularly in regions where a manufacturer may not have sufficient... Continue reading
  • COUNTRY AT A GLANCE: MOROCCO

    Posted on May 09, 2013
    Bordering both the Atlantic Ocean and the Mediterranean Sea, the Kingdom of Morocco is an attractive point of investment around the world. Morocco possesses a population of 32 million people and an economy that is projected to continue a trend of growth by 4.2% in 2013. Morocco's main industries are tourism, phosphates, and agriculture.

    New government programs and plans to improve access to and quality of healthcare are increasing access to medical devices for much of the population. Recent growth in the health sector has been supported by... Continue reading
  • COUNTRY AT A GLANCE: THAILAND

    Posted on Apr 24, 2013
    The Kingdom of Thailand, a country with a population of well over 65 million people, acts as a regional hub in Southeast Asia. Along with countries like Malaysia and Indonesia, it is considered a relatively new hot spot for investment and sale of medical devices. The Thai government is working to improve and accelerate R&D for medical devices and has assigned the Board of Investment (BOI) to offer incentives to both Thai and foreign investors... Continue reading
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