17

2021-03

Shaanxi Releases Drug Safety Assurance Plan for the 14th National Games

On March 16, a reporter learned from the Provincial Drug Administration that the agency recently issued the "Work Plan for Drug Safety Assurance for the 14th National Games, the 11th National Paralympic Games, and the 8th Special Olympics," which outlines the objectives, key measures, implementation steps, and requirements for drug safety assurance work. The "Work Plan" is divided into four phases: basic preparation, comprehensive testing and assurance, in-competition assurance, and summary and improvement. The "Work Plan" specifies that starting immediately, we have entered the comprehensive testing and assurance phase. During this period, drug regulatory authorities at the city and county levels are required to complete publicity and training on anti-doping laws, regulations, and related knowledge for relevant personnel at drug-related entities within their jurisdictions. Pharmaceutical retail enterprises must establish a catalog of drugs containing banned substances and set up dedicated counters for selling such drugs. They should also prominently display warning signs such as "Athletes should use drugs containing banned substances with caution" in conspicuous locations within their stores. Authorities should urge entities handling doping substances to promptly carry out self-inspections and rectifications as required. Drug regulatory agencies at all levels should fully leverage online information platforms and encourage retail pharmacies within their jurisdictions to use the WeChat mini-program "Shaanxi Drug Pass" as mandated, ensuring real-name registration of sales for relevant drugs. Furthermore, they should organize comprehensive inspections of the operation and use of doping substances within their jurisdictions, ensuring that any identified issues are thoroughly rectified and appropriately addressed. The "Work Plan" points out that from August 15 until the conclusion of the Games, we will enter the in-competition assurance phase. During this period, all retail pharmacies must strictly implement the real-name registration system for purchasing drugs containing banned substances. Drug regulatory authorities will intensify both visible and undercover inspections to ensure that the information registered by enterprises is authentic and complete. The Provincial Drug Administration will increase the frequency and intensity of both visible and undercover inspections, with a particular focus on monitoring the implementation of regulatory duties in districts (counties) hosting venues or sub-venues for the 14th National Games and the Paralympic Games. Drug regulatory authorities at the city and county levels should step up supervision and enforcement efforts in key areas including athlete accommodations, hotels, catering establishments, venues for various competitions, tourist attractions, airports, train stations, and entertainment venues. From the end of the Games until December 15, we will enter the summary and improvement phase. During this period, drug regulatory agencies at all levels should, based on actual conditions, comprehensively summarize the effective experiences and practices gained during the 14th National Games and the Paralympic Games, and establish and improve long-term mechanisms for drug safety assurance. (Reporter: Xu Ying) Source: Shaanxi Daily

2021-03-17

21

2021-01

In 2020, the total volume exceeded 2.38 billion. An Analysis of the Current Status, Challenges, and Trends in China’s Pharmaceutical E-commerce Industry

In 2020, the total financing amount exceeded 2.38 billion yuan. Analysis of the Current Status, Challenges, and Trends in China’s Pharmaceutical E-commerce Industry Under the impact of the pandemic, the greater health industry has attracted significant attention from capital investors. According to publicly disclosed data, in 2020, China’s internet-based greater health sector saw a total of 36 financing deals, with the overall funding amount surpassing 13.12 billion yuan, averaging 570 million yuan per deal. Among these, pharmaceutical e-commerce companies secured 10 financing deals totaling over 2.38 billion yuan. The financiers included Yi Yao Wang, Shangyao Cloud Health, Yi Bai Technology, Quanyuantang, Yiyi Medicine, Dingdang Kuaiyao, Yaobangshou, Yaodou.com, and Baideng Medical. Looking at the financing rounds, Series B led with 4 deals; Pre-Series and Series A each had 2 deals; while Angel and Series C each had 1 deal. In terms of financing cities, Beijing accounted for 3 deals; Changsha and Nanjing each had 2 deals; and Shanghai, Guangzhou, and Chengdu each had 1 deal. In fact, as early as 2019, the scale of China’s pharmaceutical e-commerce industry continued to expand, giving rise to many new retail models. An increasing number of pharmaceutical companies entered the mainstream B2B market, and the B2C market also experienced substantial growth driven by rising consumer health awareness and the establishment of online shopping habits. More and more pharmaceutical companies have also started engaging in O2O businesses. During the 2020 pandemic, the “medicine-to-doctor” and “doctor-plus-medicine” development models gained widespread recognition. 2019 China Pharmaceutical E-commerce Development: Total Sales Volume The total sales volume of directly reported pharmaceutical e-commerce enterprises in China (excluding A-certified companies) began to grow rapidly in 2015, and by 2019, it had surpassed 100 billion yuan. According to analysts at iiMedia Research, the sales volume of directly reported pharmaceutical e-commerce enterprises in China (excluding A-certified companies) will maintain an average annual compound growth rate of about 17%, and is expected to approach 140 billion yuan in 2021. 2019 China Pharmaceutical E-commerce Development: Market Share Proportion As China’s pharmaceutical e-commerce industry continues to develop, the share of pharmaceutical e-commerce sales in the overall pharmaceutical industry’s sales volume has been steadily increasing. In 2012, pharmaceutical e-commerce accounted for only 1.5% of the market share; by 2019, this proportion had exceeded 10%. Analysts at iiMedia Research believe that, with changing consumer behavior and the continued development of internet hospitals, as well as the growing integration between medicine-to-pharmacy and pharmacy-to-medicine models, pharmaceutical e-commerce will further demonstrate its vitality. Particularly under the influence of the 2020 pandemic, it is expected that the share of pharmaceutical e-commerce sales in China will maintain a growth rate of over 10% in both 2020 and 2021. 2020 China Pharmaceutical E-commerce Development: Impact of the Pandemic During this pandemic, the pharmaceutical e-commerce sales model—characterized by nationwide online coverage and rapid scaling—once again demonstrated the unique advantages and vitality of e-commerce. On one hand, pharmaceutical e-commerce met the demand for drug purchases without leaving home, catering to diverse needs across different regions nationwide. On the other hand, it greatly boosted product sales for pharmaceutical companies. However, the pandemic also exposed some issues with the B2B development model, with certain B2B e-commerce platforms showing limited effectiveness. 2020 China Pharmaceutical E-commerce Development: Daily Active Users During the 2020 Spring Festival, affected by the pandemic, the daily active users of pharmaceutical e-commerce significantly increased compared to normal periods, peaking at 1.4821 million users—a year-on-year growth rate of up to 10.11%, with an average growth rate of 5.44%. Analysts at iiMedia Research believe that this pandemic has, to some extent, stimulated the development of the pharmaceutical e-commerce industry. 2020 China Pharmaceutical E-commerce Development: Business Models 2020 China Pharmaceutical E-commerce Development Challenges: Negative Public Opinion According to iiMedia’s public opinion monitoring system, during the monitoring period, pharmaceutical e-commerce received relatively poor online reviews, with an online reputation score of only 20.3. Overall sentiment toward pharmaceutical e-commerce on the internet was predominantly neutral, accounting for 45.30%. In the word cloud of pharmaceutical e-commerce topics, several keywords related to policy measures impacting the development of the pharmaceutical industry appeared. 2020 China Pharmaceutical E-commerce Industry Development Trend: The “Medicine + Doctor” Model

2021-01-21

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