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China Daily / 2019-12 / 05 / Page014

Favorable policies increase access to medicines and spur innovation

By ZHENG YIRAN | CHINA DAILY | Updated: 2019-12-05 00:00

China's favorable policies in accelerating drug access and encouraging innovation over the past few years have promoted the research and development of new medicines, helping build a healthy drug ecology in the country, a senior executive of Gilead Sciences Inc said.

The California-based biopharmaceutical firm got approval of seven innovative medicines from the National Medical Products Administration within two years-an unexpectedly good result for international biopharmaceutical firms.

"During the past three years, China experienced substantial changes in drug access, which greatly stimulated the R&D process of new medicines," said Rogers Luo, vice-president of Gilead and general manager of Gilead China.

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