The incidence of stroke is on the rise in Taiwan, driven by unhealthy eating habits, the prevalence of cigarette smoking and high alcohol consumption. A new study presented at the ASEAN Federation of Cardiology Congress in September found the disease that affects... Read More
China’s health insurance regulator in October added 17 anti-cancer drugs to the list of those already covered by its national medical insurance system. The approval of the therapies is part of a series of moves by the government to make cancer treatment... Read More
According to Galen Growth Asia, Asian healthcare funding rose significantly in the third quarter of 2018. There were 78 deals done in the third quarter for about $1.4 billion. They expect healthcare funding deals to total about $6 billion in 2018. There... Read More
Spending on healthcare is expected to balloon by more than 70% over the next two decades in Malaysia, Indonesia, the Philippines, Singapore, Thailand and Vietnam, according to a report presented at the World Economic Forum. Total healthcare spending in the six nations... Read More
U.S. pharmaceuticals may stand to gain if revisions to a longstanding trade agreement between the United States and South Korea, announced in September, are approved and implemented. The updates to the U.S.-Korea Free Trade Agreement (KORUS) include a provision to include American... Read More
Moving to counter widespread criticism that its drug supply chain is unsafe and inefficient, Chinese health officials are moving to modernize the nation’s system for tracing pharmaceuticals. In a flurry of recent moves, the China National Drug Administration (CNDA) has posted draft... Read More
The US government is now determining whether Chinese investment into certain industries jeopardizes US intellectual property. In addition to about 25 other industries, biotech companies may now be reviewed by the committee for foreign investment into the US even with respect to... Read More
INTRODUCTION With incomes rising among its rapidly aging population of 96.7 million, Vietnam is a booming market for pharmaceuticals. Long one of the least-developed pharmaceutical markets in Asia, with relatively low per capita spending on drugs, Vietnam has tremendous potential. According to... Read More
In an effort to streamline its drug approval process, the Chinese government will expedite the review of 48 urgently needed drugs already approved outside of China. Under these eased requirements announced in August, the China National Drug Administration (CNDA) will waive the... Read More
Seeking to quell confusion over which of its regulatory agencies has purview over medical devices that are used in combination with pharmaceuticals, Malaysia’s Medical Device Administration (MDA) has released guidelines for classifying such products. The combination products, known as Medical Device Drug... Read More