02-Apr-15 Pfizer Inc said it will cease vaccines sales in China after an import licence for the only vaccine it sold there was not renewed. Drug makers face growing difficulties obtaining approvals in the world’s no. 2 drug market, where pharmaceutical executives say regulators have added more red tape to the process of bringing drugs to market. [image: Fortune]
Read More
02-Apr-15 China has completed the constitution of its much-anticipated new regulations for online drug retailing. Once the provisions on deregulation of prescription drugs and loosening of distribution conditions are implemented, a 'golden age' for medical e-commerce companies is expected to begin. The medical e-commerce sector has been valued at RMB7 bn (USD1.1 bn) in 2014. [image: Xinhua Finance]
Read More
30-Mar-15 Latin American pharmacy chains are expanding both in terms of geography and breadth of services. In Chile, Colombia and Peru, over 75% of pharmacy retailing is controlled by 3 or 4 large players. As these markets consolidate, foreign giants are expected to take note and show interest in entering the region. [image: Global Health Intelligence]
Read More
23-Mar-15 India's pharma sector is experiencing a paradigm shift thanks to IT. Multiple systems are available to support work flow and facilitate the extension of the industry's reach into rural areas. Increasing use of data analytics will for example help identify the best and most cost-effective therapies, or enable the use of social media to connect with patients. [image: Cambridge Consultants]
Read More
19-Mar-15 MedPlus Health Services, India’s second largest pharmacy retail chain, said it plans to open 10,000 outlets across the country in the next three to four years. MedPlus currently has 1,244 pharmacy stores in 12 states. [image: SignNews]
Read More