It is predicted that China will become the world’s second largest pharmaceutical market by 2015 due to robust economic growth and healthcare reforms that allow for increased spending on drugs. In China, imported drugs enjoy a higher reputation for quality. Foreign pharmaceutical manufacturers have an opportunity to take advantage of this perceived brand value to build a presence in this huge market.
For imported drug to be sold in China, it must be registered with and have its label approved by the SFDA. For foreign pharmaceutical manufactures it is of key importance to understand the SFDA requirements and how with up-to-date information their products can reach the market.
This report starts with the introduction of drug definition(s) in China, the classifications of drug defined by the SFDA as responsible authority for the registration. It also presents the key stakeholders, value chain analysis, timetable, costs and required documents for the imported drug clinical trial approval and registration. This report will be helpful for companies wishing to bring successfully imported drug brands to the China market.
The report contains 25 pages in presentation format.
September 3, 2012
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