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China China’s new Amended Drug Administration Law is being enacted to strengthen and streamline its regulation of the pharmaceutical industry. The amended law seeks to address prominent problems in the pharmaceutical industry, such as counterfeit drugs, substandard drugs and high drug prices. Fangda Partners’ Josh Shin elaborates on China’s market authorization…

UAE The UAE ranks among the world’s fastest for new drug approvals, ranking first for two cancer drugs and second for many others, such as blockbuster melanoma drug Keytruda. The Ministry of Health and Prevention of the United Arab Emirates (MOHAP) has enhanced its processes by implementing an electronic registration system,…

Puerto Rico Established 57 years ago, Bermudez, Longo, Díaz-Massó (BLDM) has played a key role in the rapid urbanization and industrialization of Puerto Rico, and today is the top specialty electrical and mechanical contractor in the Caribbean. Its president, Francisco Díaz Massó, explains how BLDM has fostered continued growth by diversifying its…

Canada Marina Vasiliou took the reins as managing director of Biogen Canada in November 2017 after a long and varied career at MSD in a wide variety of geographies.   Canada’s biggest strengths are its diversity and openness—whether that is in health sciences or the culture itself Marina Vasiliou, Biogen Vasiliou…

Turkey There is perhaps no Turkish company in the healthcare sector that is more ambitious than Acıbadem. Not only has the private hospital group revolutionized healthcare in Turkey with its advanced facilities, but it has also pursued an ambitious internationalization campaign and even opened a world-class university, to boot.   We…

Hong Kong Dr Joseph Tam is indisputably one of the pioneers of Hong Kong’s biotech industry, having returned to Hong Kong in 1973 following an illustrious career in the US to bring in novel technologies to the city.   I feel happy that I have achieved my initial objectives: to bring international…

Turkey Dr Ferhat Farsi, CEO and founding partner of CinnaGen İlaç, shares his experience working for the largest biotech in the MENA region, Turkey’s important role within the global group, and his ambitious plans for the future.   “Having worked for leading Turkish companies for several years … I realized that…

4+7 China’s roll-out of a 25-province expansion to the 4+7 pilot procurement scheme has seen pharma companies scrambling to cut prices for their drugs even further in the latest bidding war.   Pharma companies in China are facing yet another intense race to the bottom on pricing. On the 24th of…

India Unlike many of his pharma peers, Vivek Sharma worked in operations and finance for two decades before joining the life sciences industry as head of Piramal Pharma Solutions (PPS) in 2011. Already established as one of the world’s leading CDMOs with a presence in North America, Europe, and Asia, Sharma…

China 2009 marks 40 years of China’s liberalization and opening up under then-Premier Deng Xiaoping. Servier China also bears the distinction of having been established that year, celebrating its 40th anniversary in tandem with its host country.   The success of Servier China is based on the quality of the people…

Taiwan Mark Yang, CEO of GaleMed, elaborates on the medical device manufacturer’s transition from a privately-owned company to being acquired by private equity firm Nexus Point Capital. Yang goes on to explain the new strategic vision of becoming an R&D-driven solutions provider to globally leading medical device companies while simultaneously building…

Sweden Patrick Van de Velde, general manager of Promega’s Swedish affiliate and also responsible for the company’s operations in Nordics, highlights the reason why Sweden has been selected as one of Promega’s 16 global offices. Having built the branch from scratch, he underlines the main growth drivers of the company in…