NEWSpublisher 2007 :: AngloChinese Investments
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» 23/07/2009 [Company watch]
China Aoxing Pharmaceutical Corp. Receives Renewal of GMP Certification for Capsule Dosage Form of Pharmaceutical Products
» 15/03/2010 [Industry news]
Recordati S.p.A And Lee Pharmaceutical Announce Partnership For Zanidip(R) In China
» 26/10/2009 [Finance]
China Growth to Remain Fast in Fourth Quarter, Official Says
» 17/08/2009 [Industry news]
Chindex Posts Profit on Product Sales, Health Services
» 07/05/2010 [Industry news]
Hong Kong: Recall of all products manufactured by Quality Pharmaceutical Lab Ltd
COMPANY NEWS » Industry news back to previous page show list
»04/03/2007 [Industry news]
Chinese Drug Safety under Spotlight

In 2006 China approved 6500 new drugs - the US approved approx. 100. Accidents and even deaths from disqualified drugs has created political interest in China who are calling for stiffer punishments and better safety procedures.

 

The dismissal of the director of the SFDA for taking bribes for allowing the release of drugs without full safety precautions only highlights the depth of the problem.  Stiff competition creates the need for lower costs - however they can be achieved.


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