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Drug manufacturing industry cries foul over poor regulation in India

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09-Jan-15 While drug makers say local regulators are ill-equipped and inadequately staffed to monitor them, the watchdogs in turn hold state governments responsible for failing to strengthen the supervisory mechanism. "The governments were in a mad rush to attract investments by creating tax havens but did not pay enough attention to… quality standards," a state drug controller said, admitting inadequacies in the system. [image: The Economic Times / BCCL]

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China’s physicians encouraged to take up second jobs

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09-Jan-15 To enable more private operators to relieve the pressure on China’s over-burdened healthcare sector, the government is encouraging physicians to practice at more than one institution, by reforming the doctor registration system, initially on a trial basis. Currently, most physicians work in public hospitals and need permission from the hospital to practice elsewhere. [image: YourHealth]

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Taiwan’s FDA pushes for self-medication to save on expenses

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08-Jan-15 The Food & Drug Administration in Taiwan has reiterated its determination to facilitate easy access to drugs to further promote responsible self-medication, which it says can save people time waiting in hospitals and clinics, as well as considerable National Health Insurance spending. [image: GBI Research]

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Healthcare becomes a growth engine for SK Telecom

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08-Jan-15 SK Telecom, Korea’s biggest mobile carrier, says it will invest more in healthcare business projects in 2015. “Our plan to boost health businesses generating 1 trillion won revenue by 2020 is still effective,” said an SK Telecom official. As faster networks power services related to the Internet of Things, healthcare has become a new growth engine. [image: SK Telecom]

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Korea’s pharma industry hails new golden age

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08-Jan-15 Korea’s domestic pharmaceutical R&D industry progressed strongly in 2014, securing approval of its 21st domestically developed drug, Liavax, and the entry of new medicines such as Kanarb and Supect onto the global market. In 2015 new Korean drugs for chemo-induced neutropenia, obesity and arthritis are expected to hit the market, as well as several new vaccines. [image: Business Korea]

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