'Government Must Help Rare Disease Patients'
"); jQuery("#212 h3").html("

"); });
2018-03-25 HKT 09:44
The legislator representing the medical sector has urged the government to push the pharmaceutical industry to cut the cost of drugs for rare diseases - often termed "orphan drugs" in the medical community.
Pierre Chan also complained that the HK$500 million earmarked for subsidising patients who need expensive medicine for such diseases is not enough.
Speaking on RTHK's Letter to Hong Kong, he said: "Five hundred million Hong Kong dollars is simply not enough when the prices of orphan drugs continue to rise.
"As part of his speech of the State of The Union address, President Donald Trump named tackling the injustice of tackling high drug prices a top priority for his administration in 2018.
"Likewise, our government should also show its determination to demand that the pharmaceutical industry brings down the cost of orphan drugs in order to alleviate the financial burden of the rare disease patients and their families."
Rare illnesses have gained prominence since a woman suffering Spinal Muscular Atrophy petitioned the Chief Executive, Carrie Lam. The genetic disorder affects the nervous system and takes away a person's ability to move and even breathe unaided. Lam promised to "personally" oversee efforts to ensure local access to the drug.
OKI And Hitachi To Launch Joint Venture For ATM And Automated Equipment In October
OKI, Hitachi, and Hitachi Channel Solutions have announced that they have reached agreements to integrate their automat... Read more
The Race For Hong Kongs First Stablecoin Licenses Is Almost Over
I’ve been refreshing the Hong Kong Monetary Authority’s register of licensed stablecoin issuers frequently over the... Read more
HTF Securities And Alchemy Pay Expand Hong Kong Type 1 License For Virtual Assets
Alchemy Pay has announced that, in partnership with HTF Securities Limited, it has successfully expanded HTF Securities... Read more
Ping An Digital Bank Rebrands As Deposits Exceed HK$12 Billion
Ping An Digital Bank has introduced a new brand identity, aligning more closely with its parent, Ping An Insurance. The... Read more
Futus PantherTrade Launches Full-Scale Licensed Operations In Hong Kong
Futu has announced that its wholly-owned virtual asset trading platform, PantherTrade, has begun full-scale licensed op... Read more
Mastercard Enables AI Agent To Complete Live Ride-Booking Payment In South Korea
Mastercard has completed a live, authenticated agentic transaction in South Korea, marking a key development in AI-powe... Read more
