| AMMI held its networking session recently at the Holiday Inn Glenmarie, Subang. It was also a farewell cocktail for Mr Daniel Lim, who recently stepped down from the AMMI Board. Here’s a toast to Mr Daniel Lim, for a wonderful job he has done for AMMI! |
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18 Sept 2014: Q3 AMMI Meeting
| AMMI held its Q3 Progress Meeting recently at Holiday Inn Glenmarie. Members arrived earlier at noon for lunch at Kites followed by a visit to the 3M Innovation Centre; before heading back to Holiday Inn Glenmarie for the meeting.
After the meeting, a brief farewell ceremony was held for Mr Daniel Lim (who recently stepped down from the AMMI Board) On behalf of AMMI, Mr Balasubramaniam, in his citation, thanked Mr Daniel Lim for being an integral part of AMMI for over the last 10 years. As a token of appreciation, AMMi Chairman, Mr Hitendra Joshi presented Mr Daniel Lim with a gift from the Association. After the ceremony, the meeting continued with a presentation by invited speakers from GSI Malaysia. Members and guests later adjourned for networking session and cocktails at the foyer. |
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Healthy Medical Device Sub-Sector
KUALA LUMPUR: Malaysia, the leading producer of catheters and surgical gloves globally, can expect employment opportunities in the medical devices sub-sector to double by 2020.
Malaysian Investment Development Authority (Mida) chief executive officer Datuk Azman Mahmud said the billion ringgit sub-sector is set to create up to 85,000 jobs from 46,000 now, following the gradual shift towards higher-value and higher-order medical devices.
The industry is shifting from rubber-based products to plastics, silicone and metal alloys. “Among the growth areas being promoted are electro medical equipment, cardiovascular devices, orthopaedic devices, in-vitro diagnostic products and wound care products — most of which are being imported now,” he said. Contract manufacturing for research and development and medical devices and equipment is also another potential growth area.
The medical devices industry has attracted RM23.6 billion in investments, mostly foreign direct investments, while exports have been exceeding RM10 billion annually, mostly to the G3 markets — the United States, Europe and Japan. Malaysia supplies 80 per cent of world market for catheters and 60 per cent for rubber gloves, including medical gloves.
The country also produces hospital “support” products, such as medical gas, anaesthesia sets, operation theatre tables and examination tables and surgical gowns, drapes and masks. Renal products is potentially another area that Malaysia wants to promote.
The sub-sector has been included in the healthcare National Key Economic Area and has the capability to generate RM17.12 billion in revenue by the end of this decade.
“Supporting industries ranging from sterilisation services, sterile medical packaging, precision engineering and tool and die making to contract moulding and assembly and machinery fabrication, as well as electronics manufacturing services, enhance our position as an outsourcing destination and global supplier,” Azman said.
Malaysia has also become a preferred location for medical devices and products in Asia. Not only can the country be a clinical devices champion, it can also become a turnkey production “orchestrator” for multinational corporations, while attracting them to set up local authorised medical equipment refurbishment facilities for CT scanners, MRI and molecular imaging.
Azman said there are more than 190 medical devices makers locally with the majority involved in the production of surgical and examination gloves.
By Rupa Damodaran, New Straits Times, 24 August 2014
Medical Device Makers Look Abroad
Malaysia’s lesser-known medical device industry eyeing higher growth with Medical Device Act
As seen in Focus Malaysia, 2 – 8 August 2014
4 July 2014: AMMI briefs MIDA on the Medical Device Industry Outlook 2014
| July 4, 2014 – A high-level meeting took place recently between the Association of Malaysian Medical Industries (AMMI) and the Malaysian Development Authority (MIDA) at MIDA Sentral, Kuala Lumpur. The objective of the meeting was for AMMI to brief MIDA on the Medical Device Industry Outlook 2014. The meeting was attended by high-ranking officials from MIDA and AMMI members.
AMMI Chairman, Mr Hitendra Joshi gave a presentation on the AMMI Industry Survey Status and outlook for the future of the Medical Device Industry; reiterating AMMI’s commitment towards supporting Malaysia in its quest to emerge as a leading international hub for medical device manufacturing in Asia Pacific. He also presented copies of the 36-page report to MIDA CEO, Y.Bhg. Dato’ Azman Mahmud. The MIDA contingent also included Mr N. Rajendran (Executive Director at the time of the meeting; currently Deputy CEO II), Y. Bhg. Dato’ Wan Hashim Wan Jusoh (Executive Director at the time of the meeting; currently Deputy CEO III), Mr N Sangaran (Executive Director ), Mr Jaswant Singh (Executive Director ), Ms Azian Mohd Yusof (Executive Director ), Ms Zarina Saad (Senior Deputy Director,Life Sciences & MedTech), Ms Lim Bee Vian (Director-Industry Talent Management), Mr Ahmad Khairuddin Abdul Rahim (Director – Clean Technology & Environment Management), Ms Noor Aieda Ahmad (Senior Deputy Director – R&D & Business Services). Ms Fatmah Ahmad and Ms Surayu Susah (both Deputy Directors -Life Sciences & MedTech).and officers from relevant divisions. AMMI members who attended the meeting were Mr Suwit Tunlayadechanont (Director of the board), Mr John Lee (UMMI Medical & Life Sciences Sdn Bhd), Mr NC Leow and Ms Cecilia Ngwan (Dispo-Med (M) Sdn Bhd), Mr Michael H’ng (Allen Healthcare Products (M) Sdn Bhd), Mr Anand Subramaniam and Ms Siti Asilda (Boston Scientific (M) Sdn Bhd), Mr SK Menon (3M Malaysia Sdn Bhd), Mr Bong Joong Siong (DuPont Malaysia Sdn Bhd), Ms Siow Wan Teng and Ms Joanne Fong (Fresenius Medical Care Malaysia Sdn Bhd) and Mr Ching Choon Siong (Head of AMMI Secretariat). |
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