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1、FierceBiotech.comFierceBiotechTHEBIOTECHINDUSTRY’SDAILYMONITORChinarepresentsabout20%ofevidenceshowsitisimproving.theworld’spopulationand,afterToovercometheseobstacles,aINCLUDINGCHINAINtheU.S.,ithasthesecond-largestnumberofinternationalCROsandeconomy.Themarketsizeal
2、oneconsultantsaresettingupshopinmakesitanattractivetargetforChina,offeringanythingfromclinicalbiopharmaceuticaldevelopment,butservicestocapitalinvestmentandDRUGDEVELOPMENTdemographicandeconomicchangesstrategicadvice.Therearestilltwomakeitevenmoreso:afast-growingdisti
3、nctlyseparatetiersforCROsinurbanmiddleclass,anagingpopu-China,globalandlocal,butglobalOPPORTUNITIESlation,andwiderhealthinsuranceCROsareworkingtobreakintoPROGRAMS:coverage.thelocalCROmarket.InternationalAlthoughChinahasmanyregu-companiesarealsosettingupstand-&CHALLEN
4、GESlatoryhurdles,China’sregulatoryaloneclinicaltrialcenters,whichagency,theStateFoodandDrugallowthemtoconductclinicaltrialsAdministration(SFDA),hasinitiatedseparatelyfromChina’sdrugdevel-anumberofreformstomakeChinaopmentinfrastructure.amoredesirablecenterforinterna-A
5、lthoughdoingbusinessinChinationaldrugdevelopment.presentsmanychallengesforset-Yetdrugdevelopersfaceobsta-tingupclinicaltrialsandperformingcles.Despiterelativelylowcostsbiopharmaceuticaldevelopment,forclinicaltrials,Chinahasthemostexpertsestimatepharmaceuti-longestdru
6、gapplicationtimelineofcalmarketgrowththereat20%toanyAsiancountry.Therearealso25%overthenextdecade.Withanumberofotherhurdles,whichapopulationexceeding1.3billionincludelanguageandculturalbarrierspeople,alargemiddleclassandanaswellaswhatareoftenperceivedagingpopulation,
7、Chinaoffershugeasinadequateintellectualpropertymarketpotentialforthebiopharma-protections.Therehavebeencriti-ceuticalindustry.lcismsofthequalityoftechnicalandregulatoryexpertise,althoughmostTheEditorsofFierceBiotechTHANKYOUTOOURSPONSOR:3591112151719MarketOpportunity
8、RegulatoryLandscapeIncludingChinainaPartneringWithaMarketAccessOn-the-GroundChinain2020ReferencesDrugDevelopmentCROinChinaConsidera