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China Offers Level Field In Trade Pact Bid But Multiple Pharma Barriers Remain

Provincial Schemes, Security Concerns Still Challenging

 
• By Brian Yang

China has signaled that it will offer a more level playing field to foreign players as part of a bid to join a major regional trade pact but some see the gesture as offering little real relief and high hurdles remain.

China_Stock_Market
CHINA OFFERS A LEVEL PLAYING FIELD BUT SOME HIGH HURDLES REMAIN • Source: Alamy

As the world’s second-largest single country pharma market, China has leveraged its size in exchange for pricing concessions from international drug makers, pitting them against domestic players in a fierce price-cutting race without considering product quality and the impact on patients of abrupt product switches.

But now the situation could change.

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Dr Reddy’s On Semaglutide Prospects, Capacity And There’s An IP Hearing To Watch

 
• By Anju Ghangurde

Dr Reddy’s CEO discusses the growth opportunity for semaglutide, including production capacity and ‘crazy’ demand indications, and a potential 20-plus product GLP-1 portfolio. All eyes are also on an upcoming hearing in India pertaining to Novo Nordisk’s semaglutide patent in the country.

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Korean Biopharma Catching Up On AI, But What Are The Challenges?

 
• By Jung Won Shin

While South Korea's biopharma sector has made progress in its digital transformation, including the adoption of AI technologies, a recent report has identified multiple remaining challenges.