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BioWorld - Monday, June 29, 2026
Home » Newsletters » BioWorld Asia

BioWorld Asia

June 18, 2014

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China's employee friendly law makes removing corrupt offenders costly

SHANGHAI – For some pharma executives parachuting into China it may come as a surprise to learn that the best way to get rid of a corrupt employee is to pay them off. Read More

CFDA warns consumers to stop buying fake cancer drugs online

SHANGHAI – Last week the CFDA put out a circular to warn Chinese consumers about the dangers of buying cancer medicines online, in particular drugs that claim to be Iressa (gefitinib) imported from India. Read More

Ruiyi, Ihuman GPCR partnership exploits 'classic Chinese scale'

Ruiyi Inc. and the Ihuman Institute forged a research collaboration allowing the upstart educational institution, housed at China's Shanghaitech University, to apply the company's intermembranous conformation antigen presenting system, or iCAPS, technology for the creation of monoclonal antibodies (MAb) that specifically bind to G protein-coupled receptors (GPCR). The goal of the program is to investigate the biological function and structure of GPCRs. Read More

U.S. reps urge Japan to dial back drug reimbursement price change schedule

TOKYO – Representatives of various U.S. organizations are urging Japan to reconsider a proposal that would revise reimbursement prices for pharmaceuticals on an annual, rather than a biennial, basis. Read More

Wuxi looks to bridge trust gap, get innovative drugs to market faster

SHANGHAI – While Wuxi Apptec may be best known for its biologic manufacturing capabilities, it could be overlooked that the firm has ratcheted up its capabilities in clinical drug development as well. Read More

China gets billion-dollar boost toward national level consolidation

SHANGHAI – China's distribution sector took a big step toward consolidation with the announcement that Sinopharm Group Co. Ltd. and Shanghai Fosun Group Co. Ltd. would form a joint venture (JV) to create what promises to be the first nationwide drug and medical device network. Read More

CFDA goes mobile, releases two apps to boost accessibility

HONG KONG – Looking to reach out to more users and drug companies and riding the wave of growth of online information and platforms to facilitate the sharing of information between governments and users, China's drug regulator is now using mobile technology as part of its communications strategy. Read More

Other news to note

Senju Pharmaceutical Co. Ltd., of Osaka, Japan, will pay Alameda, Calif.-based Insite Vision Inc. an undisclosed amount for the right to develop and market ocular antibiotics incorporating Insite's Durasite drug delivery platfom in Japan. The deal includes an up-front license fee, additional development milestones fees and a percentage royalty on net sales. Read More

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