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Foods for Special Medical Purpose (FSMP) Has Become a New Highland for Business Competition in China
2018-07-25 18:10  Click:318
On July 24, 2018, the SAMR released the latest batch of registration information for FSMP.

According to the statistics of the Food Partner Network, the first batch of lists released on November 20, 2017 has been announced. The 6 batches of registration lists involved 12 formulas of 6 enterprises (75% overseas), including 2 domestic enterprises, 3 formulas, 4 overseas enterprises and 9 formulas.

The types of products currently registered are mainly concentrated on infant formulas for special medical uses (10 formulas), including 4 products from Abbott, 2 products from Mead Johnson, 2 products from SHS Newcom (under Danone), and 1 product from Beingmate (domestic), and the first product from Nestlé. In addition, Hengrui Health Technology's two electrolyte formulas (Shu Lejia for pediatric prevention of diarrhea dehydration, Le tang for accelerated rehabilitation) are also registered, this is the first non-full nutritional formula registered outside the FSMP infant formula.

Global Foodmate summarized the registration information is as follows:


 
Table 1 Registration statistics of special medical use formula foods:
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FSMP - the new highland of business competition

As the national FSMP management methods shift from medicines category to foods category, the FSMP market is gradually expanded, and with the in-depth implementation of the healthy China strategy, FSMP will become a new blue ocean in the field of Comprehensive Health Area. Including Health & Happiness Group, Mead Johnson, Beingmate and other major domestic and international dairy companies have recently entered the FSMP field to try to share a piece of market. Nestlé is investing 1 billion RMB in a factory in Jiangsu to produce FSMP. Pharmaceutical companies also rely on "clinical demands and , their own technology advantages" as a new battlefield for cross-border transformation. Suzhou Hengrui Health Technology Co., Ltd. is the new face of FSMP. It is a 100% subsidiary of Hengrui Medicine Group. Hengrui Medicine is the first of the 5 billion market value clubs in the A-share pharmaceutical industry. It is also in 2018. Among the top 100 most innovative companies in the world. It can be seen that the Chinese FSMP market has become the new highland for domestic and international enterprises to focus on competition.
 
Since the publication of the first batch of lists, the approval of FSMP registration has been carried out in an orderly manner and has little impact on institutional reform. I believe that more FSMP product registration approval information will be released in the future, and the Foodmate will continue to pay attention to the latest registration information.