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Med-tech industry profits are hit by the global financial crisis
The sector is ‘clearly strained’, says Joachim M. Schmitt, Managing Director and Member of Board of the German Medical Technology Association, BVMed, in Berlin. But, the good news is, employment is up and, he adds ‘We are at the beginning of a medical technology revolution’. ‘Overall, healthcare is certainly more panic-proof than, for example, the automobile industry,’ said Joachim…