HOME ABOUT CONTACT AVAILABLE ISSUES SUBSCRIBE MEDIA & ADS
LATEST UPDATES » Vol 23, No 01, January 2019 – Taiwan medical tourism - Combining medical travel and tourist destination       » New breast cancer drug now available in China       » Chinese scientists make important cancer finding       » Japan's plan to revolutionise healthcare sector with tech       » GSK to buy oncology drugmaker Tesaro for US$5.1 billion       » There is hope for anticancer vaccines      
EYE ON CHINA
Proposed law change to increase penalties for drug violations
Violations such as making or selling fake drugs could see companies lose their business licenses

The penalties for companies that produce or sell fake or substandard pharmaceuticals in China are to be increased, according to a draft amendment to the country's Drug Management Law.

Manufacturers that operate without the required permit will face fines up to 30 times the value of their products. Under the current law, the maximum fine is five times the value.

The proposed amendment, now under review by the National People's Congress Standing Committee, the top legislature, states that violations such as making or selling fake drugs could see companies lose their business license.

Business executives and drug supervision officials will also face heavier punishment in cases involving pharmaceuticals, while supervision of certain drugs, such as vaccines, will be intensified to ensure safety and quality.

Jiao Hong, head of the National Medical Products Administration, said the draft aims to improve supervision of drugs following the vaccine scandal at Changchun Changsheng Biotech, a major vaccine producer in Jilin province.

The administration fined the company 9.1 billion yuan ($1.3 billion) for fabricating production records and using expired materials to manufacture a human rabies vaccine.

Source: China Daily

Click here for the complete issue.

NEWS CRUNCH  
news Asia is the fastest growing region for nutraceuticals
news 2018 Nobel Prize in Physiology or Medicine winners
news Vitafoods Asia expands by 40 per cent in 2018
PR NEWSWIRE  
Asia Pacific Biotech News
EDITORS' CHOICE  
COLUMNS  

APBN Editorial Calendar 2019
January:
Taiwan Medical tourism
Editorial calendar is subjected to changes.
MAGAZINE TAGS
About Us
Events
Available issues
Editorial Board
Letters to Editor
Instructions to Authors
Advertise with Us
CONTACT
World Scientific Publishing Co. Pte. Ltd.
5 Toh Tuck Link, Singapore 596224
Tel: 65-6466-5775
Fax: 65-6467-7667
» For Editorial Enquiries:
   biotech_edit@wspc.com or Ms Lim Guan Yu
» For Subscriptions, Advertisements &
   Media Partnerships Enquiries:
   biotech_ad@wspc.com
Copyright© 2019 World Scientific Publishing Co Pte Ltd  •  Privacy Policy