Heart disease continues to be one of the leading causes of death in Asia. As countries like Japan, China, Taiwan and the Philippines have a greater demand for medical devices and pharmaceuticals to help treat cardiovascular disease, many foreign medical companies have... Read More
In a move to raise competitiveness in the pharmaceutical industry in China, the State Food and Drug Administration (SFDA), the government body which has replaced the State Drug Administration for some pharmaceutical regulatory functions in China, has lifted price controls on over... Read More
In response to the recent price fluctuations of medical products in China due to the SARS (Severe Acute Respiratory Syndrome) outbreak, the Chinese government released a circular in April 2003 announcing that measures will be taken to prevent price gouging on medical... Read More
Despite the slowing economies, Asia still continues to offer medical device manufacturers many investment opportunities. With information and updates on China, Malaysia, Thailand, the Philippines and ASEAN, this article highlights the benefits and advantages of manufacturing medical devices in Asia. Asian countries... Read More
The Chinese government announced on March 6, 2003 a radical restructuring of several government bureaucracies. Among the government bodies that will undergo drastic change will be the Ministry of Health, Ministry of Commerce, and Ministry of Foreign Trade and Economic Cooperation. The... Read More
As Asian countries begin to adopt more western lifestyles and foods, “western” diseases are becoming more prevalent killers in Asia. Economic transition, urbanization, and technological development have brought about lifestyle changes that have increased the chances for heart disease in Asia. Developing... Read More
This article covers some of the changing dynamics of the regulatory scene in Asia for pharmaceuticals and medical devices, with information and updates from China, Korea, Japan and Taiwan. Drug prices and reimbursement rates have been cut as governments take steps to... Read More
In January 2003, the Shanghai Drug Administration Bureau announced its resolve to tighten controls over pharmaceuticals and drug distribution as well as create more efficient systems for reporting adverse reactions to medication. According to recent reports by the bureau, of 14,980 drugs... Read More
More and more medical device companies are making their products in Asia via contract manufacturing, joint ventures or setting up their own shop. Contract manufacturing is an efficient means by which medical manufacturers can utilize production facilities already available in Asian countries.... Read More
Certification is often required in many countries for designated products such as electronics and medical devices. Regulated products cannot be sold without certification marks if they have been designated as “compulsory certification products.” Product certification marks are used to inform consumers of... Read More