Fifth of China Goods Substandard (China)
This article was originally published in PharmAsia News
Executive Summary
The Chinese government reports that almost 20 percent of goods Chinese quality inspectors checked in the first half of this year were below standard. The General Administration of Quality Supervision, Inspection and Quarantine found that 80.9 percent of 7,200 products inspected passed scrutiny and that overall quality was improving. However, 19.1 percent of the tested goods were found to be laced with toxins or too many additives, without safety protections or lacking required label information. The checks did not cover exports, according to the report. Chinese leaders have demanded stricter food and medicine standards after a series of trade disputes over the quality of exports. "When serious quality problems are found, they will be strictly punished according to the law so that product quality is protected from the source," the Administration report said. (Click here for more
You may also be interested in...
Pink Sheet Podcast: Leqembi Spending, Woodcock’s Next Act, Pneumococcal Vaccine Development
Pink Sheet editors discuss Medicare spending projections for the Alzheimer’s treatment Leqembi, Janet Woodcock’s new post-FDA role, and ongoing preparations for new pneumococcal vaccines that will reach the market soon.
Investors Go Berserk For Viking, Putting It Top Of Q1 Winners
The top 10 biggest share price winners and losers in Q1 from Evaluate show the investor frenzy for obesity drugs continues, while companies with governance doubts see shareholders retreat.
EU Consults On What Constitutes Personal & Commercially Confidential Data In Marketing Applications
Based on their experience with dealing with requests for access to documents over the past 12 years, EU regulators have proposed updating their guideline that provides for a harmonized approach to protecting personal data and business secrets in marketing authorization applications.