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  • September 21, 2014
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  1. Business - Companies - PHARMACEUTICALS

    Roche head says risks key to success

    Posted Sep 20th 2014, 05:10am by Reuters

    ... Schwan likes to crack open the champagne with his drug research teams at the end of a big project- especially when they fail. As the boss of one of the world's most successful pharmaceutical ... a failed experiment are an important component of Schwan's drive to encourage risk-taking in an intrinsically risky business, where nine out of 10 potential new drugs turn out to be flops. ...

    http://www.scmp.com/business/companies/article/1596347/roche-head-says-risks-key-success
  2. News - China - CORRUPTION

    GlaxoSmithKline hit with record 3b yuan fine for bribing Chinese doctors

    Posted Sep 19th 2014, 04:51pm by Keira Lu Huang, Daniel Ren and Agencies

    ... Keira Lu Huang, Daniel Ren and Agencies Drug maker's former China head gets suspended three-year jail term; British firm issues apology GSK slapped with record ¥3b fine for bribing doctors China has imposed a record fine of three billion yuan (HK$3.78 billion) on British pharmaceuticals giant GlaxoSmithKline (GSK) for bribing doctors to use its drugs. Mark Reilly, the former ...

    http://www.scmp.com/news/china/article/1596109/drug-maker-gsk-fined-record-us492-million-over-bribery-case
  3. Comment - Insight & Opinion - MY TAKE

    China's Alibaba is what Western capitalists dream of

    Posted Sep 10th 2014, 04:24am by Alex Lo

    ... of launching a war for the drug trade in the name of the crown, into sanctioning the opium war. Today, the likes of Macartney and Staunton could just be trading Alibaba shares. ...

    http://www.scmp.com/comment/insight-opinion/article/1588950/chinas-alibaba-what-western-capitalists-dream
  4. Business - Companies

    Amazon in Shanghai, Wal-Mart in drugstores

    Posted Aug 21st 2014, 06:58pm by Doug Young

    ... Doug Young Amazon's move into the Shanghai FTZ and Yhd's winning of an online drug license play on their global clout, as they try to differentiate themselves from bigger ... shop in the Shanghai FTZ late last year. Wal-Mart has also used its international connections to help Yhd build up its imported food business. Yhd's latest move into the online drug ...

    http://www.scmp.com/business/companies/article/1578580/amazon-shanghai-wal-mart-drugstores
  5. Business - Banking & Finance - LISTINGS

    Investors see reason for caution in IPO market amid Alibaba fever

    Posted Sep 12th 2014, 10:14am by Reuters

    ... listings of 2014 are in biotechnology. “They’re essentially looking at companies that don’t have much in the way of revenue or profit and hoping to see that one big blockbuster drug approval ...

    http://www.scmp.com/business/banking-finance/article/1590721/investors-see-reason-caution-ipo-market-amid-alibaba-fever
  6. Business - Economy - ANALYSIS

    Sex and drugs to add to Europe's murky GDP figures

    Posted Jun 03rd 2014, 01:30am by BLOOM

    ... Bloomberg New EU economic data rules will put focus on how officials estimate size of grey markets Sex and drugs to add to Europe's murky GDP figures Europe has a new source of economic growth. In the next few months all European Union (EU) countries that do not already include drugs, prostitution, and other illegal and grey-market businesses in their gross domestic ...

    http://www.scmp.com/business/economy/article/1524064/sex-and-drugs-add-europes-murky-gdp-figures
  7. Business - Economy - BRICKS & MORTAR

    Hong Kong’s tourism policy should meet needs of visitors and residents

    Posted Sep 08th 2014, 10:41am by Yvonne Liu

    ... The reliance on mainland tourists saw stores selling jewellery, luxury brands, electronics appliances, cosmetics and drugs expand aggressively over the past decade. Many older shops and restaurants ...

    http://www.scmp.com/business/economy/article/1587688/hong-kongs-tourism-policy-should-meet-needs-visitors-and-residents
  8. Business - Companies - E-COMMERCE

    Tencent invests US$70 million in academic medical portal DXY

    Posted Sep 03rd 2014, 01:33am by Sophie Yu

    ... 21CN, a drug data company. It also launched a plan called Future Hospital, which is expected to network 50 hospitals in 10 mainland cities by the end of this year, allowing users to book ...

    http://www.scmp.com/business/companies/article/1584078/tencent-invests-us70-million-academic-medical-portal-dxy
  9. Business - Comment - LAI SEE

    Efforts to airbrush out Zhou Yongkang struggle at lift-off

    Posted Aug 22nd 2014, 01:17am by Howard Winn

    ... of Sohu, has surprised some people with the nature of his response to speculation that appeared on the internet that he had been arrested by police for drug taking. His response was to make a 54-second video in which he said the speculation was completely untrue. In the video he said it is impossible for him to take drugs. "I'm kind of a very rational person. As far as I can ...

    http://www.scmp.com/business/article/1578717/efforts-airbrush-out-zhou-yongkang-struggle-lift
  10. Business - China Business - DISPOSALS

    Lijun to sell unit to firm partly owned by ex-chairman, ex-director

    Posted Aug 29th 2014, 01:30pm by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com Chinese antibiotics maker Lijun International Pharmaceutical (Holding) has agreed to sell its drug-making subsidiary in Xian, Shaanxi province, to a firm partly owned by its former chairman and a former director, who both recently stepped down. The company said on Friday morning that it would sell Xian Lijun Pharmaceutical, which makes ...

    http://www.scmp.com/business/china-business/article/1581673/lijun-sell-unit-firm-partly-owned-ex-chairman-ex-director

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