Market News | International Conference of the Modernization of Chinese Medicine & Health Products

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FDA Modifies Medical Gas Regulations
Jun 2024

The FDA has amended the current requirements concerning current good manufacturing practice and post-marketing safety reporting that apply to certain medical gases. The agency has also established regulations regarding certification of designated medical gases and has amended the labelling regulations that apply to certain medical gases.

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FDA Amends Rules on Destruction of Medical Devices Denied Entry
Jun 2024

The U.S. Food and Drug Administration has issued a final rule that effective 1 July will implement the agency’s authority to destroy medical devices valued at US$2,500 or less that have been refused admission into the U.S.

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U.S. Scrutiny of Mainland Chinese Syringes Continues
May 2024

The U.S. Food and Drug Administration recently provided an update of recent efforts to ensure the safety of mainland Chinese plastic syringes that are marketed in the U.S.

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Biotechnology, Medical & Healthcare Industry in Hong Kong
Apr 2024

Hong Kong has the highest life expectancy in the world thanks to its advanced healthcare services, and the city expects a more ageing population similar to many developed economies in the coming years. The number of elderly people aged 65 or above is projected to increase from 20% of the total population in 2021 to 32% in 2041.

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CBP Finds Encapsulating Foreign Pharmaceuticals in Mainland China Does Not Confer Origin
Apr 2024

CBP determined on 28 March that certain Norwegian-origin omega-3-acid ethyl esters do not undergo a substantial transformation in mainland China when combined with certain inactive ingredients and encapsulated into dosage form and are therefore a product of Norway and are not subject to any Section 301 tariffs.

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Medical Supplies & Medicine - Hong Kong Trade Associations
Mar 2024

This page lists the contact information of Hong Kong trade associations related to medical supplies and medicine.

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Medicine and Medical Device Sales
Mar 2024

Including statistics of Medicine and Medical Device Sales of China in the past 5 years.

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Cash Injection Needed for Biopharma Businesses to Survive Funding Freeze
Mar 2024

Although currently frozen out from many of the traditional investment sources, many of China’s biotech pioneers have found workarounds.

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Asia’s Biopharma Businesses Finding Innovative Ways of Securing Funding
Mar 2024

With investors going cold on the sectors and IPO numbers declining, biotechnology entrepreneurs are sourcing capital through novel routes.

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Hearing Highlights Foreign Drug Manufacturing Oversight Challenges Faced by FDA
Feb 2024

In a recent hearing before the House Subcommittee on Oversight and Investigations, a Government Accountability Office official reiterated the challenges faced by the Food and Drug Administration in overseeing foreign drug manufacturing facilities.

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