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China Daily / 2025-03 / 13 / Page014

Betta applauds supportive moves in pharma sector

By CHENG YU | China Daily | Updated: 2025-03-13 00:00
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Chinese firms can accelerate clinical trials and bring their drugs to market faster with more supportive policies, challenging foreign monopolies and positioning themselves as leaders in global biopharma, said a national political adviser on the sidelines of the two sessions that ended on Tuesday.

Ding Lieming, a member of the 14th National Committee of the Chinese People's Political Consultative Conference and chairman of Betta Pharmaceuticals Co Ltd, a leading innovative biopharma firm, recalled a pivotal moment in his company's rise in an interview with China Daily. In 2005, Betta faced a significant roadblock while submitting a clinical trial application for its oncology drug.

The approval process at that time took up to two years, a timeline that hindered the company's R&D efforts. After turning to the Zhejiang provincial government for support, Betta's request was expedited, and approval was cut to just seven months.

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