Recently, the Food and Drug Administration of China has released a draft to guide the post-marketing supervision of medical devices. Said guidance displays the role of regional and national regulators, manufacturers of medical devices and adverse event monitoring technology institutions in tracking the safety of the medical products after they are approved.
The latest food scandal emanating from China revolves on the usage of poppy powder is a banned item by the Food and Drug Administration of China. Five restaurants have been prosecuted and another 30 more are under probe for using ingredients like morphine and heroine in restaurant food. This latest scandal is one in the many high-profile food scandals that has been hitting China in the recent years.
Israeli-company EndyMed Ltd has reached an agreement with the Chinese OHMK Medical Technology, which will acquire 47.93 million EndyMed shares (28.94 percent share capital and voting rights), for $7 million.