Editorial | New drug-approval agency just the tonic
Hong Kong has the capacity, funding and expertise to set up a centre to test and register new life-saving products to benefit our healthcare system and economy
Medical innovation in Hong Kong has suffered because the city does not have a local process for approving prescription drugs. That obstacle is now on track to be cleared with a new regulatory centre that will help patients and the sector.
The Hong Kong Centre for Medical Products Regulation will be set up in the 2026-27 financial year.
Health authorities recently told the Post that a preparatory office for the project was established in June to engage local and overseas experts and possibly to arrange for staff to receive training.
Establishing a process for primary approvals of drugs is an important step on Hong Kong’s path to becoming a health and medical innovation hub, a goal outlined by city leader John Lee Ka-chiu in his policy address last October.
It also would further Beijing’s plans to make Hong Kong a global centre for innovation and technology.
Currently, drugs can only be prescribed in Hong Kong if they are registered in at least two of 36 countries specified by the Department of Health. The list includes mainland China and the United States.