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    <title>Reed Smith Life Sciences Transactions &amp; Regulatory</title>
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    <copyright>© Copyright 2013 Reed Smith LLP. All rights reserved.</copyright>
    <pubDate>Mon, 20 May 2013 07:38:56 GMT</pubDate>
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      <title>China Life Sciences Health Industry Client Briefing – April 2013 (May 15, 2013)</title>
      <description>Pharmaceuticals, Medical Devices, Health Care &amp;amp; Life Sciences 
Drugs 
Approval of Innovative Drugs and Key Sector Generic Drugs to be Expedited (Shanghai Securities Journal 2013-04-23)
Given the significance of generic drugs within China’s health care system, the duplication of generic drug research and development is a serious concern. Currently, certain generic drugs are facing both surplus and shortage problems in the domestic market. To address these problems, China’s Food and Drug Administration ("CFDA") intends to give priority to the examination and approval of both innovative drugs and key sector generic drugs, including anti-tumor, anti-tuberculosis, anti-HIV and cardiovascular drugs. </description>
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      <pubDate>Wed, 15 May 2013 00:00:00 GMT</pubDate>
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      <title>China Life Sciences Health Industry Client Briefing – March 2013 (April 26, 2013)</title>
      <description>Pharmaceuticals, Medical Devices, Health Care &amp;amp; Life Sciences 
Medical Devices 
CFDA Seeks Public Comment on Special Approval Procedures for Innovative Medical Devices
China Food and Drug Administration (“CFDA,” previously known as “SFDA”) issued a draft Notice on Soliciting Public Comments on the Special Approval Procedures for Innovative Medical Devices for Trial Implementation (“Draft Special Procedures”). The Draft Special Procedures provide for a separate approval process aimed at encouraging the development of qualified, innovative products. According to the Draft Special Procedures, medical device manufacturers and their products must meet the following conditions to qualify for the special approval procedures: 

The medical device manufacturer must hold the patent right to the medical device on its own, either as the registrant and owner, or as the owner or authorized user, of the relevant invention patent in China through transfer/assignment. 
The medical device shall have predominant clinical values and incorporate operational principles and functions that are completely new in China, and as compared with leading technologies in other parts of the world. The efficiency or safety of the medical device must be fundamentally improved as compared with similar, existing products. 
The medical device manufacturer must complete the initial research based on a research process that is accurate and well-controlled. Research data must be complete, with clear sources, to generate a fairly mature product. 
The medical device manufacturer must be an enterprise incorporated in China, with a valid medical device manufacturing license, and the relevant product must be manufactured in China. 
In order to be qualified for the special approval procedures, the Draft Special Procedures appear to require only "Chinese patents, Chinese developer and manufacturing in China" with respect to innovative medical devices. However, the draft provisions do not appear to prevent Chinese subsidiaries of foreign medical device developers from applying for the special approval procedures. </description>
      <link>http://www.reedsmith.com/publications/detail.aspx?publication=12237</link>
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      <pubDate>Fri, 26 Apr 2013 00:00:00 GMT</pubDate>
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      <title>Reed Smith's Reception in Conjunction with the 2013 BIO International Convention in Chicago</title>
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      <category>Event</category>
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      <pubDate>Tue, 23 Apr 2013 23:30:00 GMT</pubDate>
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