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China hikes registration fees for drugs, medical devices


27-May-15 China's drug regulator (CFDA) has raised steeply the fees required to register drugs and medical devices in the world's second-biggest pharmaceutical market, as a lack of resources and expertise hinders its ability to process the rising number of applications. The fee for registering a new locally-made drug will soar to RMB624,000 (USD101,000) compared with just RMB35,000 in 2013. [image: Pharma Logic Solutions].

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