China’s been making incremental reforms to its cosmetics regulatory framework in recent years that have streamlined the path to market and helped to level the playing field between domestic and foreign firms.
China May Dispense With Animal-Test Requirements For Imported Non-Special-Use Cosmetics
Reportedly, there would be stipulations for animal-testing waivers, including possession of a Quality Management System certificate, but generally the draft measures should inspire optimism in animal-welfare and industry corners alike.
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Haleon now holds 88% of its China OTC joint venture after acquiring a larger stake in the business from its local partners.
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APAC health agencies such as WHO and Thailand's FDA are on board with the self-care agenda, and see it as crucial to achieving universal health coverage.
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Haleon highlighted consistent market share gains in China as it reported third-quarter results.
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Joint venture business which markets Haleon's OTC drug brands in China will soon be 88% owned by the UK-based firm.
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GSCF research shows that self-care already saves the Asia Pacific region more than $30bn a year in healthcare system costs. To realize higher gains, health literacy, Rx-to-OTC switch and digitalization need to be leveraged, according to the EU-ASEAN Business Council.
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APAC health agencies such as WHO and Thailand's FDA are on board with the self-care agenda, and see it as crucial to achieving universal health coverage.
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A round-up of recent consumer health appointments: PharmaSGP names new CEO; Stada appoints Vietnam head; NèreS adds to board.