Market News | International Conference of the Modernization of Chinese Medicine & Health Products

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Measures for Hong Kong and Macao Drugs and Devices for Urgent GBA Use to be Implemented
Oct 2025

On 15 September, the Guangdong Provincial Medical Products Administration (GDMPA) and the Health Commission of Guangdong Province jointly announced measures for the administration of catalogue of Hong Kong and Macao-registered drugs and medical devices for urgent clinical use in the Guangdong-Hong Kong-Macao Greater Bay Area’s nine Mainland cities.

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Medical Device Facility Registrations Due This Year
Sep 2025

Foreign and domestic medical device facilities – including any Mainland China or Hong Kong facilities – that do not properly renew their registrations with the FDA can be locked out of the U.S. market. Renewals for such facilities are due each year.

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Jiangsu Free Trade Zone Gets Green Light for Biopharma Development Plan
Sep 2025

On 21 August, the State Council announced that it had approved in principle a plan to accelerate opening up and innovation across the entire biopharmaceutical industrial chain in the China (Jiangsu) Pilot Free Trade Zone.

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Imports of Some Active Pharmaceutical Ingredients May Be Detained
Sep 2025

The FDA has issued an import alert that it said aims to help stop imports of potentially dangerous GLP-1 (glucagon-like peptide-1) active pharmaceutical ingredients from unverified foreign sources.

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Hong Kong’s Proprietary Chinese Medicine Industry: Opportunities and Challenges
Aug 2025

Hong Kong has many long-established and reputable proprietary Chinese medicine brands. With the transitional registration system for proprietary Chinese medicines ending in late June, the regulatory framework for Chinese medicine has entered a new phase. Additionally, the Mainland has implemented simplified approval procedures for the market registration of traditional proprietary Chinese medicines registered in Hong Kong, facilitating Hong Kong businesses in expanding into the Mainland market. These developments are expected to have a positive impact on Hong Kong’s proprietary Chinese medicine industry.

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Import Restrictions Imposed on Two Substances
Aug 2025

The U.S. Drug Enforcement Administration has issued a temporary order adopting import and export restrictions on certain benzimidazole-opioid substances.

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Guangzhou’s Huangpu District Launches “Biomedicine 3.0” Policies
Aug 2025

The Administrative Committee of the Guangzhou Development District and the People’s Government of the Huangpu District of Guangzhou Municipality recently issued a notice outlining certain measures to promote high-quality development in the biomedicine industry (Sui Pu Fu Gui No. 9 [2025]). These measures, collectively referred to as the “Biomedicine 3.0” policy, apply to enterprises, institutions, unincorporated organisations and other entities in the biomedicine industry, as well as individuals working in such entities, in the Guangzhou Development District and industry parks under its management (together referred to as “the District”) in compliance with relevant regulations. The measures took effect on 23 July 2025 and will remain in force for three years.

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Wary Elderly Consumers Yet to Be Won Over Promise of AI Technology
Aug 2025

Lack of familiarity, a reluctance to experiment and even widespread mistrust are hindering the take-up of AI-enabled tech by the elderly.

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The Hungarian Healthtech Specialists Securing Global Growth via Third-Party Distributorships
Aug 2025

Hungary has a robust academic infrastructure, particularly in university spin-offs, HandInScan Zrt. is one of them which founded in 2012. Global Sales Director Dezső Nagy and Business Development Manager Csilla Nemeth discuss the company’s evolution from a startup to an international enterprise with users in more than 30 economies, the experience of working with distributors to increase market penetration, and its future business development.

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Hungary: Medical Device in Focus
Aug 2025

Hungary’s medical devices sector, dominated by innovative SMEs, is a key player in Europe’s MedTech industry, exporting 85% of its production, primarily to the EU. The competitiveness strategy aims to boost domestic production and sustainability while navigating EU MDR challenges. Opportunities for collaboration with Hong Kong include leveraging trade networks, regulatory expertise, and investment to enhance global market access and innovation.

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