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 •  February 14

BEIJING - China will accelerate its exploration of new models to promote innovation and entrepreneurship, the central government said in a statement on Saturday. The government will step up the establishment of relevant platforms, support crowdsourcing, encourage private capital to invest in innovators and widen funding channels, according to a...

www.chinadaily.com.cn

 •  February 14

A listed pharmaceutical company in Shanghai has been accused of bribing doctors to improve its sales. Shanghai Pharmaceuticals Holding has allegedly given kickbacks to doctors in 31 hospitals in Qingdao, Shandong province, for prescribing an anemia treatment produced by its subsidiary, Qingdao Growful Medicine Co Ltd, according to a report in 21st...

www.chinadaily.com.cn

 •  February 14

BEIJING - China's Internet and drug authorities recently gathered together major portals, search engines and shopping sites, to order them to eliminate illicit drug advertisements from their sites, the State Internet Information Office (SIIO) said on Monday. At the meeting, the executives of some 20 websites were told to examine themselves and...

www.chinadaily.com.cn

 •  February 14

BEIJING - The China Food and Drug Administration (CFDA) on Tuesday called on medical ingredient markets nationwide to curb the manufacture and sale of counterfeit traditional Chinese medicine (TCM). Officials in charge of TCM trade centers in 17 cities were summoned to a CFDA meeting on regulating the market. During CFDA's recent inspections of the...