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  • April 18, 2014
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  1. Business - China Business - REGULATION

    China's drug safety worries FDA

    Posted Apr 05th 2014, 01:07am by BLOOM

    ... Bloomberg in Washington US regulator seeking to increase staff to carry out more inspections of mainland drug firms China's drug safety worries FDA Improvements are needed in the production of drug ingredients in China to erase the safety risks faced by American consumers, a US regulator said. While the Food and Drug Administration attempts to ensure medicines imported from ...

    http://www.scmp.com/business/china-business/article/1465091/chinas-drug-safety-worries-fda
  2. Business - China Business - EARNINGS

    Sinopharm to step up drug sales in retail sector

    Posted Mar 25th 2014, 01:32am by Toh Han Shih

    ... Toh Han Shih hanshih.toh@scmp.com Sinopharm to step up sales in retail sector Sinopharm, the mainland's largest drug distributor, plans to boost retail sales to more than 10 billion yuan (HK$12.5 billion) in 2016, said Li Zhiming, the state-owned firm's president. Last year, the firm's drug retail sales rose 17.5 per cent to 4.83 billion yuan. "We ...

    http://www.scmp.com/business/china-business/article/1456559/sinopharm-step-drug-sales-retail-sector
  3. Business - Comment - LAI SEE

    Sex Drugs and GDP

    Posted Feb 12th 2014, 12:46am by Howard Winn

    ... announced that drug dealing and prostitution contributed £10 billion to its GDP. Prostitution accounted for £3 billion (30 billion yuan) for a population of 63 million, which is some way below ...

    http://www.scmp.com/business/article/1426233/sex-drugs-and-gdp
  4. Business - China Business - REFORM

    China health care reform poses risks and opportunities for foreign firms

    Posted Apr 07th 2014, 09:33am by Toh Han Shih

    ... China's health care spending would grow from US$357 billion in 2011 to US$1 trillion by 2020. The country's market for over-the-counter and branded generic drugs will leap from US$23 billion ... services would be extended to remote rural areas, while the government would apply pressure to prevent drug prices from rising excessively, Li said. A policy statement by the National Development ...

    http://www.scmp.com/business/china-business/article/1466828/health-care-reform-china-seen-posing-opportunities-and-risks
  5. Business - Money - IPO WATCH

    Shadow of safety scandal still looms over top pork firm

    Posted Apr 07th 2014, 04:38am by Ray Chan

    ... that the banned drug, clenbuterol hydrochloride, known as "lean meat powder", was found in pork that was sold to the Jiyuan subsidiary of the Shuanghui Group, prompting questions over food ... muscle-developing drug that some farmers feed to pigs to reduce body fat and give meat a pink, fresher appearance. Eating the tainted meat may cause dizziness, fatigue, palpitations and other medical ...

    http://www.scmp.com/business/money/markets-investing/article/1466622/shadow-safety-scandal-still-looms-over-top-pork
  6. Business - China Business

    Mainland China market too difficult,says drug maker Actavis

    Posted Jan 17th 2014, 01:09am by BLOOM

    ... Bloomberg in New York Mainland market too difficult, Actavis says Actavis, the world's second-biggest generic drug maker by market capitalisation, says it is pulling out ... million in profit, Bisaro said. Some US and European drug makers such as London-based GlaxoSmithKline have been under investigation by mainland authorities in connection with marketing practices ...

    http://www.scmp.com/business/china-business/article/1407234/mainland-china-market-too-difficultsays-drug-maker-actavis
  7. Business - Money - LISTINGS

    Chinese drug maker Aosaikang dashes IPO hopes

    Posted Jan 11th 2014, 01:21am by Daniel Ren

    ... Daniel Ren in Shanghai ren.wei@scmp.com Aosaikang calls off 'too big' share offering at last minute, dampening mood in mainland market Drug maker deals bitter pill to IPO hopes Hopes for an initial public offering bonanza on the mainland were dashed yesterday after drug maker Jiangsu Aosaikang Pharmaceutical halted its fundraising process because of concerns it was too ...

    http://www.scmp.com/business/money/markets-investing/article/1402689/chinese-drug-maker-aosaikang-dashes-ipo-hopes
  8. Business - Banking & Finance - MONEY LAUNDERING

    US monitor says HSBC’s anti-money-laundering fixes leave ‘much work to be done’

    Posted Apr 02nd 2014, 03:51pm by Reuters

    ... hundreds of millions of dollars in drug money from flowing through the bank from Mexico, and it promised to fix the problems. The government had selected former New York prosecutor Michael ...

    http://www.scmp.com/business/banking-finance/article/1463131/us-monitor-says-hsbcs-anti-money-laundering-fixes-leave
  9. Business - Commodities

    Knights Templar drug gang corners Mexican iron ore trade with China

    Posted Jan 02nd 2014, 11:52pm by Reuters

    ... Reuters in Lazaro Cardenas, Mexico Drug cartel casts shadow over Mexican-Chinese trade by cornering the iron ore exports trade Curse of the dark Knights When the leaders of Mexico and China met last summer, there was much talk of the need to deepen trade between their nations. Down on Mexico's Pacific coast, a drug gang was already making it a reality. The Knights ...

    http://www.scmp.com/business/commodities/article/1396149/knights-templar-drug-gang-corners-mexican-iron-ore-trade-china
  10. Business - China Business

    Lumena denies allegations of fraud

    Posted Apr 05th 2014, 01:07am by Toh Han Shih

    ... the figures implied every mainlander took 30 doses a year. Glaucus countered that its medical thenardite had a wide range of other uses, including cosmetics and veterinary drugs. Glaucus alleged ...

    http://www.scmp.com/business/china-business/article/1465116/lumena-denies-allegations-fraud

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