Loophole allows pharma-producing chemical companies to bypass regulation
(NEWSER) - China’s massive prescription drug industry has an equally massive flaw: pharmaceuticals made by chemical companies are not held to regulatory standards. Of nearly 500 Chinese companies at a recent drug trade show, 82 were unregulated and uncertified, the New York Times discovered. “This is definitely against the law,” said one drug regulator, who acknowledges that China's food and drug agency doesn't have jurisdiction over chemical companies. More»