Reg­u­la­tors, phar­ma­ceu­ti­cal com­pa­nies, re­searchers will adopt global stan­dards

China Daily (Hong Kong) - - CHINA - By WANG XIAODONG in Zhengzhou wangx­i­aodong@ chi­

China will con­tinue to in­ten­sify in­ter­na­tional ex­changes and co­op­er­a­tion in drug su­per­vi­sion to pro­mote the do­mes­tic ap­pli­ca­tion of new medicines de­vel­oped over­seas to meet de­mand, China’s top drug reg­u­la­tor said on Thurs­day.

The drug au­thor­i­ties will also en­cour­age the do­mes­tic phar­ma­ceu­ti­cal in­dus­try to im­prove its ca­pac­ity and com- pe­t­i­tive­ness to pro­mote the in­ter­na­tional vis­i­bil­ity of Chi­nese med­i­cal and phar­ma­ceu­ti­cal prod­ucts, Wu Zhen, vicem­i­nis­ter of the China Food and Drug Ad­min­is­tra­tion, said at the open­ing cer­e­mony of the BRICS Meet­ing on Drug Reg­u­la­tory Col­lab­o­ra­tion in Zhengzhou, He­nan province.

On June 19, the ad­min­is­tra­tion an­nounced it joined the In­ter­na­tional Coun­cil on Har­mon­i­sa­tion of Tech­ni­cal Re­quire­ments for Reg­is­tra­tion of Phar­ma­ceu­ti­cals for Hu­man Use, which fo­cuses on

China has great phar­ma­ceu­ti­cal pro­duc­tion ca­pac­ity, so it can pro­vide sup­port to the health of the peo­ple in BRICS na­tions and other coun­tries.” Wu Zhen, vice-min­is­ter of the China Food and Drug Ad­min­is­tra­tion

guide­lines for world­wide phar­ma­ceu­ti­cal de­vel­op­ment.

“Join­ing the coun­cil means the Chi­nese drug reg­u­la­tory au­thor­i­ties, phar­ma­ceu­ti­cal in­dus­try and re­search and de­vel­op­ment in­sti­tutes will grad­u­ally adopt in­ter­na­tion­ally ac­cepted stan­dards and guide­lines, ac­tively par­tic­i­pate in the for­mu­la­tion of in­ter­na­tional rules and pro- mote quicker do­mes­tic ap­pli­ca­tion of new drugs de­vel­oped in other coun­tries,” Wu said.

China is the sec­ond-largest mar­ket for phar­ma­ceu­ti­cal prod­ucts in the world. An­nual rev­enues of the phar­ma­ceu­ti­cal in­dus­try in China ex­ceed 2.5 tril­lion yuan ($368.6 bil­lion), and an­nual ex­ports of phar­ma­ceu­ti­cal prod­ucts ex­ceed 13.5 bil­lion yuan, Wu said.

Newspapers in English

Newspapers from China

© PressReader. All rights reserved.