Blog about Virtual Assistant, Outsourcing, KPO, BPO and China

Because of the 29 percent rise of China sales for its patent medicines, the Swiss drug maker Novartis shows that they may start six new medicines in the domestic market this year.

Senior company executives forecasted that there would be 30 percent growth in sales as sales rose to 3.3 billion yuan in 2008.

Jeffrey, chief executive officer, Novartis China said that 2008 is the best year in their sales in recent years, in spite of the financial turmoil.

This year, a global sales growth of five percent is Novartis’ target. According to Li, the proportion of Novartis’ global sales in China is one percent.

2.26 billion yuan has already been invested and more will be laid in establishing infrastructure, research and Read more…

Popularity: 6% [?]

China, company, drug, economy, growth, market, Novartis

To better guarantee the safety of increasing Chinese food imports, the US Food and Drug Administration opened its first overseas office in Beijing on November 19.

“A permanent FDA presence in China will help us address the challenges presented by globalization,” FDA commissioner Andrew Von Eschebath said at the opening ceremony. They want to cooperate with the Chinese government and manufacturers to make all the FDA standards are met before the food shipment to the United States. Read more…

Popularity: 4% [?]

agency, Beijing, China, drug, FDA, office, U.S.