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Foreign pharma faces tough choices in Russia

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01-Dec-15 When in May-15 Prime Minister Dmitry Medvedev tasked the government with creating a program of pharmaceutical import substitution, foreign companies were worried. Today, 60% of the drugs approved by the Russian government are produced domestically. Under the new policy, this share should increase to 90% by 2018. [image: Getty Images]

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China to boost nonprofit TCM services

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28-Nov-15 China is planning more and better non-profit hospitals specializing in Traditional Chinese Medicine in a bid to develop rapidly the country's TCM industry. A comprehensive reform will focus on state-owned TCM hospitals at county and city levels while helping them to "better serve the people," according to the National Health & Family Planning Commission and the State Administration of TCM. [image: China Daily]

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Brazil medical equipment consumption down 4%

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27-Nov-15 Medical equipment consumption in Brazil was down by 4.4% year on year in the first nine months of 2015, according to the Brazilian health innovation companies alliance Abiis. Domestic production increased 5.1% while imports decreased to 9.2% as the USD exchange rate affected the affordability of imports. [image: MD&M Brazil]

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Vietnam launches online drug registration services

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27-Nov-15 The Drug Administration of Vietnam (DAVN) launched online public services 'Level 4' in Nov-15, to help pharmaceutical firms register drug and medicine prices. The system enables companies to submit documents, pay fees, check the progress of document processing, and receive results online, from the beginning of 2016. [image: VNA]

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