A recent US Supreme Court ruling on investment fraud litigation between former Russian business partners opened a door for a Chinese firm to continue with its civil complaint alleging Racketeer Influenced and Corrupt Organizations Act violations by a California dietary supplement manufacturer.
Chinese Firm Gets Another Chance With RICO Complaint Against California Supplement Provider
Supreme Court Opinion In Russian Business Partners’ Dispute Frames Remand To Trial Court
Ninth Circuit overturns federal district court jury’s verdict dismissing Global Master Corp.’s complaint alleging Esmond Natural violated RICO Act by providing supplements of lower strength or otherwise different from products Global Master agreed to buy in US and distribute in China.
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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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Self-care industry representatives from GSCF/AESGP, Bayer and Opella stress the seriousness of the global climate crisis at the 2024 GSCF, APSMI, TSMIA Joint Congress in Bangkok, Thailand, and also share iniatives that are attempting to deal with this crisis, for example replacing PVC in medicine blister packs with more easily recyclable materials.
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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.