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China syndrome - a regulatory framework in meltdown?

Article Abstract:

The hopes of the Chinese State Food and Drug Administration (SFDA) are dashed with tragic personal consequences for Zheng Xiaoyu and allegations of widespread corruption by Chinese officials. Zheng's execution and life imprisonment of his subordinates have highlighted the intention of the Chinese authorities to make a strong public statement that corruption will not be tolerated by the SFDA.

Author: Hepeng Jia
Publisher: Nature Publishing Co.
Publication Name: Nature Biotechnology
Subject: Business
ISSN: 1087-0156
Year: 2007
Legal issues & crime, Forecasts, trends, outlooks, Management dynamics, Pharmaceutical preparations, Company legal issue, Pharmaceutical industry, Investigations, Practice, Political corruption, Public officers, Government officials, Industry forecasts

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Lack of private financing hobbles emerging biotech regions

Article Abstract:

The initiatives taken by the Governments of the largest emerging economies including China, India and Russia to develop their biotech sectors are hindered by the lack of an appropriate level of private funding. They also badly need more intellectual property protection and help for enterprise creation as well as the definition of niche areas to focus on.

Author: Hepeng Jia, Jayarama, Astvatsaturyan, Marina
Publisher: Nature Publishing Co.
Publication Name: Nature Biotechnology
Subject: Business
ISSN: 1087-0156
Year: 2006
Government expenditures, Drugs, India, Russia, Economic aspects, Biotechnology industry, Biotechnology industries, Research grants, Research funding, Government finance

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