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  • September 19, 2014
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  1. Pledge to upgrade drug standards

    Posted Feb 15th 2012, 12:00am

    ... Zhuang Pinghui pinghui.zhuang@scmp.com Beijing has pledged to upgrade domestic drug standards to international levels in the next four years as part of a drive to improve drug safety. Chemical drugs and biological products should reach or be close to international standards by 2015 and at least 90 per cent of medical equipment should meet international standards by then, ...

  2. Chinese regulator must crack down on drug producers who cut corners

    Posted Jul 11th 2012, 12:00am

    ... Roger Bate The World Health Organisation approves a few Chinese drugs for sale to the poorest and most vulnerable people around the world. These drugs are cheap and save lives when ... government starts punishing sloppy manufacturers, pharmaceuticals from China will continue to put people in harm's way wherever they are sold. Before the WHO approves a Chinese drug ...

  3. Drug firms under the microscope

    Posted Dec 08th 2011, 12:00am

    ... Zhuang Pinghui pinghui.zhuang@scmp.com Beijing will establish a credit rating system, intensify monitoring of pharmaceutical companies and stamp out manipulation of drug prices by 2015. A drug safety plan was approved at a State Council meeting chaired by Premier Wen Jiabao yesterday. The plan, which will run until the end of 2015, will set up a long-term mechanism to regulate ...

  4. Spending on medicine to rise 3pc

    Posted Oct 11th 2007, 12:00am by Ella Lee

    ... Ella Lee Public hospitals are expected to spend an extra 3 per cent on drugs in the next three years as more life-saving medicines are made. The Hospital Authority's drug expenditure jumped from HK$1.8 billion in 2002/03 to HK$2.2 billion in 2005/06. Director of cluster services Cheung Wai-lun said the drug budget would keep rolling. 'New cancer drugs, biopharmaceuticals ...

  5. Monopolise drugs industry, tycoon says

    Posted Mar 05th 2012, 12:00am

    ... Zhuang Pinghui and Priscilla Jiao The billionaire chairman of Hangzhou Wahaha built his fortune on running a beverage empire in a market economy. But when it comes to the pharmaceutical industry, Zong Qinghou says a monopoly needs to be created. 'The ...

  6. China's other drug trade

    Posted Dec 27th 2011, 12:00am

    ... busted by police for producing fake drugs,' one guard said. Police detained four of the company's managers in August, and in the following days 'manufacturing equipment was hauled ... year, was licensed to produce compounds called raw peptide products for other drug makers. However, police discovered that the company used only a small portion of its facilities ...

  7. Shandong drug makers fined for price-fixing

    Posted Nov 15th 2011, 12:00am

    ... (NDRC) found that two pharmaceutical companies from Shandong province- Weifang Shuntong Pharmaceuticals and Weifang Xinhua Pharmaceutical Trading- were controlling the market for a drug ingredient and driving up the cost of making a blood pressure medicine that is included on the government's national drug list for sale at a retail price of eight fen a tablet. The case came ...

  8. Move to tackle poor access to cheap drugs

    Posted Oct 13th 2011, 12:00am

    ... Zhuang Pinghui pinghui.zhuang@scmp.com The health ministry will modify its system for essential drugs next year after a two-year trial found that it covers too few drugs to effectively keep patients' medical bills in check. An improved system will be geared to address the poor access to cheap and effective drugs, which stems from pharmaceutical companies being reluctant ...

  9. Tougher safety rules on drug makers may raise their cost

    Posted Feb 06th 2010, 12:00am by Amy Nip

    ... Amy Nip Drugs may get more expensive after tougher safety measures are imposed on local manufacturers, the Hospital Authority says. A government-appointed review committee made 75 recommendations to enhance regulation of drugs, and a key requirement is that manufacturers upgrade their standards to make them comparable to the highest in the world. The review followed a series ...

  10. Official hints at grim outlook for drug firms

    Posted Mar 27th 2009, 12:00am by Gary Cheung

    ... Ng Yuk-hang and Gary Cheung Half of the 25 local drug makers may not survive after the Hospital Authority adopts new drug procurement procedures, an authority source said yesterday. The source also said the authority would file a breach-of-contract lawsuit against Europharm Laboratories, a local drug maker whose allopurinol drug was found to contain levels of Mucorales fungus 10 ...




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