With an average growth rate of about 18%-20% per year, China's pharmaceutical market is expected to be the world's largest market by the year 2020. Despite complexities within the Chinese system, including confusion over monitoring and approving certain drugs, and restructuring of... Read More
As China's standards of living steadily improves and healthcare access progresses, foreign manufacturers will have ample opportunities to invest in China's growing medical device market. Recent regulatory reforms and market adjustments have greatly improved the medical device regulation procedures. This article highlights... Read More
This article contains analyses of healthcare trends and policies, and the role of foreign medical companies in China, Hong Kong, Indonesia, Malaysia, Philippines, Singapore, South Korea, Thailand and Vietnam. As Asia continues to be the fastest growing region in the world, economic... Read More
Growing healthcare reforms throughout Asia offer optimistic future prospects for multinational pharmaceutical companies. Southeast Asia has the world's fastest growing pharmaceutical market; while China's pharmaceutical sales have reached up to $10 billion and will continue to grow. Despite the issues of intellectual... Read More
As Gross Domestic Product (GDP) numbers soar in Asia, governments are eagerly spending more money on health and medical-related devices, further opening up medical markets to international investment. Foreign medical technology firms investing in Asian markets are experiencing rapid success by manufacturing... Read More
This article serves as a comprehensive guide for U.S. medical manufacturers looking to find a distributor in Asia. Topics include checking a distributor's background, negotiating a distribution agreement, Asian legal systems, exclusive vs. nonexclusive distribution, sales targets, and other responsibilities of the... Read More
The Chinese biotech industry is becoming one of Beijing's priorities, as biotechnology becomes one of the world's most dynamic and essential modern technologies. Four types of institutions in China already engage in biotechnology research including Academia Sinica (a think tank), university institutes,... Read More
There are a myriad of opportunities for foreign companies looking to invest into China, whether in electronics, energy, medical products, telecommunications or various other sectors. This article provides comprehensive information on the variety of methods in which a foreign company can penetrate... Read More
As China becomes the fastest growing economy in the world's fastest growing region, foreign manufacturers are eager to take advantage of China's quickly expanding markets, particularly the medical market. Whether a company decides to enter the market through a Hong Kong distributor,... Read More
Although China's healthcare system is run by the central government, its slow decentralization is prompting a multitude of changes. Chinese consumers have growing incomes and are looking for more advanced treatments, sometimes preferring Western-style treatments over Chinese traditional medicine. Additionally, hospitals are... Read More