Pharmanovia to boost investment in nation
5 months ago

Pharmanovia to boost investment in nation

China Daily  

With plenty of opportunities, China is expected to grow faster than other markets for United Kingdom-based global pharmaceutical company Pharmanovia, said a senior executive in an exclusive interview in Shanghai on Friday. Such continuous growth comes after China had already been the drugmaker's No 1 market globally since 2023, accounting for roughly 25 percent of the company's total sales, said James Burt, CEO of Pharmanovia, which was founded in 2013 and started business in China in 2018. Jin Chunlin, director of the Shanghai Municipal Health Development Research Center, said the aging process in China and the increasing demand for the treatment of major and rare diseases have also made the market more attractive for innovative drugs, which attracts domestic and foreign pharmaceutical firms alike. "China's new drug approval and public medical insurance policies have been inclined to support truly innovative pharmaceutical companies in recent years.

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History of this topic

Chinese-made new drugs big hit overseas
5 months ago

Chinese-made new drugs big hit overseas

China Daily  

Employees examine drug samples at a laboratory in Shenyang, Liaoning province, in May. With more Chinese-developed innovative drugs entering both US and European markets, China's pharmaceutical sector is showing escalating prowess in innovation and global market penetration, said industry experts. Previously approved by the US FDA in November for treating chemotherapy-induced neutropenia, the approval marks this year's first innovative drug …

Chinese-made new drugs big hit overseas
5 months ago

Chinese-made new drugs big hit overseas

China Daily  

By LI JIAYING | China Daily | Updated: 2024-07-24 10:11 Employees examine drug samples at a laboratory in Shenyang, Liaoning province, in May. With more Chinese-developed innovative drugs entering both US and European markets, China's pharmaceutical sector is showing escalating prowess in innovation and global market penetration, said industry experts. Previously approved by the US FDA in November for treating …

Drug giants eye China for deals despite growing Sino-US tensions
5 months ago

Drug giants eye China for deals despite growing Sino-US tensions

Hindustan Times  

* Drug giants eye China for deals despite growing Sino-US tensions Bristol Myers Squibb, Sanofi looking at China M&A -employees * AstraZeneca, Novartis have done China deals this year * Political risks are a consideration -analysts By Andrew Silver and Kane Wu SHANGHAI/HONG KONG, - Some of the biggest global drugmakers, undeterred by mounting Sino-U.S. tensions, are scouring for deals …

Guideline promotes pharma innovation
5 months, 1 week ago

Guideline promotes pharma innovation

China Daily  

An employee checks equipment at a pharmaceutical plant in Lianyungang, Jiangsu province. GENG YUHE/FOR CHINA DAILY China has adopted a guideline to promote the development and availability of innovative drugs, with price management improvements, medical insurance payments, commercial insurance coverage, as well as investment and financing topping the work agenda. Meanwhile, China could draw inspiration from international practices by supporting …

Guideline promotes pharma innovation
5 months, 1 week ago

Guideline promotes pharma innovation

China Daily  

An employee checks equipment at a pharmaceutical plant in Lianyungang, Jiangsu province. GENG YUHE/FOR CHINA DAILY China has adopted a guideline to promote the development and availability of innovative drugs, with price management improvements, medical insurance payments, commercial insurance coverage, as well as investment and financing topping the work agenda. Meanwhile, China could draw inspiration from international practices by supporting …

Pharma perfect match for China's new forces
8 months, 3 weeks ago

Pharma perfect match for China's new forces

China Daily  

Takeda Pharmaceutical's booth at the fifth CIIE. Acknowledging China's vision of cultivating new quality productive forces, Takeda Pharmaceutical Co Ltd remains upbeat about the Chinese market, aiming to further invest in the country, said its top executive. Christophe Weber, CEO of Takeda, said that China's pursuit of new quality productive forces, which features innovation and high-end technology, happens to perfectly …

Pharma perfect match for China's new forces
8 months, 3 weeks ago

Pharma perfect match for China's new forces

China Daily  

Takeda Pharmaceutical's booth at the fifth CIIE. Acknowledging China's vision of cultivating new quality productive forces, Takeda Pharmaceutical Co Ltd remains upbeat about the Chinese market, aiming to further invest in the country, said its top executive. Christophe Weber, CEO of Takeda, said that China's pursuit of new quality productive forces, which features innovation and high-end technology, happens to perfectly …

Indian pharma industry must focus on innovation, say industry leaders
1 year, 10 months ago

Indian pharma industry must focus on innovation, say industry leaders

Deccan Chronicle  

HYDERABAD: The Indian pharma industry — also known as the world’s pharmacy — needs to focus on innovation to stay relevant, industry leaders opined at the CEO Conclave of BioAsia here on Friday. Hari S. Bhartia, co-chairman and managing director of Jubilant Pharmova, said the Indian pharma industry could get a huge market if it could offer highly innovative drugs …

Foreign pharma firms upbeat on China
3 years, 8 months ago

Foreign pharma firms upbeat on China

China Daily  

By HE WEI in Shanghai | China Daily | Updated: 2021-04-14 09:46 A training director with German medical tech company Siemens Healthineers introduces a surgery robot to medical staff at Boao Super Hospital in Hainan province on March 13. Efforts to build comprehensive infrastructure for healthcare create new opportunities For multinational corporations, China has become the look-to market turbocharging global …

Multinationals see huge development opportunities in nation's opening-up
4 years ago

Multinationals see huge development opportunities in nation's opening-up

China Daily  

An employee works on the production line of a foreign-funded enterprise in Guangzhou, capital of Guangdong province. WANG HUA/CHINA NEWS SERVICE GUANGZHOU－Multinational enterprises are anticipating exciting opportunities in China as the country continues to deepen its opening-up, even as the COVID-19 outbreak is slowing down the global economic momentum. China's new dual-circulation development pattern will not only help protect the …

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