Australian manufacturer signs with Chinese medical distributor

Queensland-based Capricornia Contact Lens has signed a 10-year strategic distribution agreement with one of China’s leading pharmaceutical and medical equipment distributers, Shenzhen Relin Medicine. Relin Medicine, located in Shenzhen, distributes medicines and medical equipment to over 3,000 hospitals and medical clinics to treat ophthalmology, orthopaedic, otorhinolaryngology problems and other illnesses such as digestive disorders. The…

Cochlear ups investment in sleep device

Hearing implant group Cochlear has increased its investment in a start-up business developing a device to combat obstructive sleep apnea. Apnea, a market dominated by Cochlear’s Australian rival ResMed, has attracted a number of competing devices with healthcare company Nyxoah pursuing a novel approach. The company’s device (pictured) stimulates the tongue nerve during sleep, triggering…