Shanghai Pharmaceutical (Group), Science And Technology Commission Collaborate On Drug Research
This article was originally published in PharmAsia News
Executive Summary
Shanghai Pharmaceutical (Group), China's largest pharmaceutical company, has signed an agreement with the Science and Technology Commission of Shanghai Municipality to promote deep integration between industry, academia and clinical research. Both parties will jointly invest and set up a research fund for the pharmaceutical group's new drug research and development, quality improvement, as well as development of new clinical applications for existing drugs. With its comprehensive coverage, SPG is leading Shanghai's latest biopharmaceutical push (PharmAsia News, Aug. 10, 2009). The company has identified 10 key products for redevelopment and plans to invest RMB 1.15 billion in new drug R&D and new technology platforms over the next three years. STCSM will initially review candidate projects and conduct post-implementation evaluations. (Click here for more - Chinese Language)
You may also be interested in...
Mylan, Matrix Join Forces To Slash Prices Of AIDS, TB Drugs
HONG KONG - Mylan and Pfizer plan to drastically lower prices for second-line HIV/AIDS and tuberculosis drugs used in developing countries following an agreement with the Clinton Foundation
EU Regulatory Assessors Get AI Boost In Reaching Scientific Decisions
The European Medicines Agency is training scientific staff working for the European medicines regulatory network in how to use a new AI-powered search engine that allows them to easily retrieve information on regulatory precedents.
EU Parliament Stricter Than Council On Medicines And Medical Devices Packaging
The EU Parliament's Environment, Public Health and Food Safety committee takes a compromise position with regards to the Packaging and Packaging Waste Directive. Medicines and medical devices should be exempt, but only until 2035, at which point the European Commission should check whether the development of materials and the recycling process have progressed, and may adjust this exemption accordingly.