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DIGITAL TRANSFORMATION ON REGULATORY SUBMISSION FOR DRUG REGISTRATION IN CHINA

Abstract

Yan ZHOU

Approximately 25 years ago, could you imagine reserving a room for holidays via clicking on several tabs of the hotel websites? could you imagine purchasing anything what you need at home? could you imagine transferring money or purchasing financial products via non-paper electronic online platforms? could you imagine being present in your virtual classes with online training courses? could the doctors imagine seeing the patients in the online clinics who live in a town within a distance of 300 miles from the hospitals? However, everything turns into realities after decades. Digital technologies are changing our lives and adoption of new internet applications was estimated to account for up to 22 percent of labor-productivity growth by 2025 [1].The costs of global healthcare expenditures were over $7 trillion in 2015 and were forecast to exceed $9 trillion by 2020 as reported by the United States (US) international Trade Administration’s Health IT Top Markets Report [2].

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