Tag Archives: China

Lured by high demand, Korean wholesaler smuggled Novo’s obesity drug Saxenda into China

Anti-obesity drug Saxenda has been one of Novo Nordisk’s key growth drivers lately—and apparently, a Korean wholesaler noticed. The pharmaceutical middleman allegedly smuggled the popular drug into China, where it’s not yet approved. Korean regulators are investigating the wholesaler for allegedly hawking Saxenda in China, Korea Biomedical Review reported, citing multiple sources. A Novo spokeswoman confirmed to FiercePharma… Read More »

China rolls back ban on tiger, rhino products in medicine

China says it will allow trading in products made from endangered tigers and rhinos under “special circumstances,” reversing a previous ban and bringing condemnation from conservation groups. A notice from the Cabinet issued Monday avoided mentioning any change in the law, saying instead that it would “control” the trade and that rhino horns and tiger… Read More »