echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Biochemistry News > Plant Extracts News > Singapore attaches great importance to the development of traditional Chinese medicine industry

    Singapore attaches great importance to the development of traditional Chinese medicine industry

    • Last Update: 2010-04-20
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    April 19: in recent years, traditional medicine has been paid more and more attention in Singapore, especially traditional Chinese medicine, which has a large market To this end, Temasek Institute of technology in Singapore has also set up a traditional medicine center to provide one-stop services of consultation, training and research for the local medicine industry and help the industry to expand its advantages in the expanding traditional medicine market According to statistics, there are 2000 registered Chinese medicine practitioners in Singapore In the past five years, the import of traditional Chinese medicine from China has increased by 63%, reaching 35 million US dollars last year According to local medical experts, by 2011, the global traditional Chinese medicine market will reach 107 billion US dollars However, at present, the safety, effectiveness and detection methods of traditional Chinese medicine are limited, which has become a huge international challenge Wang Chengben, vice president of Temasek Academy of Applied Sciences, said that they had started medical research in 2002, but did not receive the first research project until 2006 In the past three years, the consultation of people in the industry has been increasing, which has contributed to the establishment of the traditional medicine center Tang Jiahong, President of the Singapore Pharmaceutical Manufacturers Association, said that many pharmaceutical factory members also want to innovate, but due to the limited facilities and funds, they hope that the traditional medicine center can help them in this regard In addition to product research, the traditional medicine center will also assist relevant medical institutions in clinical trials.
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.