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A member contacted me representing a large Saudi Arabian organization looking to bring the very best medical technology to the country.
He says they are looking to invest, distribute, and basically “you name it.”
What questions should I ask him? What advice should I tell him? Do you have an interest in the Middle East?
Any direction appreciated; I’m out of my element here but if it’s real, it could be a great connection for the group.
David Burnett B.S. ARRT RT R CA. (Fluoro)
I sense that they believe they have gone along this far with “X” amount of heat induced injuries and accept it as the norm.
the old adage “how much is one life worth” seems to demonstrate that that life is not worth the cost of prevention in the Middle East.
I would love to have somebody correct me on this point. I would welcome it.
Burt Houtz, PMP
Our company, AK GLOBAL MED, is experienced in selling laboratory equipment and supplies to Middle East and Africa especially in the research and scientific areas. We have very good experience selling especially to Saudi Arabia, where we take care of the whole cycle starting from purchasing the products all the way to delivering it to the customers door. We sell general laboratory equipment, water testing equipment, liquid handling supplies, cell culture glassware and plasticware, fine chemicals, solvents, filter papers, syringe filters etc.. All our vendors are major US manufacturers/distributor including Thermo Fisher, Fisher Scientific, Labnet, VWR, Cole Parmer, Sigma Aldrich, Millipore, Wheaton, Whatman, Hach, Lamotte, Horiba, Eppendorf, Corning, Axygen, Etc..
Please let us know if we can be of assistance. My email is [email protected].
I am convinced that these countries are eager to bring the very best medical technology to their markets. I think that the first thing you should ask about is the regulatory issues and regulatory authorities evaluating the MD access to market. Are CE mark or FDA approval enough? or more clinical evidence should be submitted ?
It’s new and small but I suspect that will change.
Burt Houtz, PMP
Yes, it’s important I don’t confuse my readers. I don’t want to even suggest I know what I’m doing when it comes to helping a medical device company assess who would be a good business partner or reliable source of financing.
Thus my questions to the group: How would YOU approach the opportunity? What questions would members who ARE experts in this field do?
In addition, I recently had someone misrepresent himself as a wealthy Saudi Arabian so I was a bit skittish when approached but wanted to ask the group what they thought.
I think that all the cash hungry US medical device companies looking to ease the new tax burden, need not to explore risky new markets for short term growth, instead, I suggest you lobby your congress and government to back off this ridiculous tax and if you are looking to save, move your R&D activities to Israel with 6% tax in some city’s and a lot of top notch skilled men power and technology in place.
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