SINGAPORE, Nov. 5, 2012
/PRNewswire/—Leading Singapore business information portal
GuideMeSingapore has published a series of in-depth guides to
provide advice for entrepreneurs looking to engage in the import of
medicine or medical devices into Singapore.
The first guide in the series provides a general overview of the
environment for importing healthcare products into Singapore. This
includes an introduction to the relevant government authorities,
such as the Health Sciences Authority (HSA) and its various
branches. It also provides a brief background on the state of the
health care product legislation and regulatory framework in
Singapore.
This introductory section is complemented by three other
comprehensive guides. The first, Importing Western Medicine into
Singapore, describes the product and import licenses that are
required for importing western medicines, as well as a step-by-step
explanation of the application procedures for obtaining them. The
second guide, Importing Chinese Medicine into Singapore, gives
related information on the import and approval of Chinese
Proprietary Medicine (CPM).
Finally, the third guide, Importing Medical Devices into
Singapore, offers a description of the different steps that need to
be carried out in order to import and sell any type of medical
device in Singapore. This process includes the application of a
Registrant’s Account with the HSA, the
submission of the required documents for registration of the
medical device, and the acquisition of an importation license.
“Health care is one of the largest and fastest growing
industries in the world. As Singapore looks to advance itself as
the leading medical and biotechnology hub in Asia, there will be
plenty of opportunities for businesses that import Western
medicine, recognized traditional Chinese remedies, and
high-standard medical devices,” said Ms. Jacqueline Low, Chief
Operating Officer of Janus Corporate Solutions, a leading Singapore
business formation services firm and the parent company of
GuideMeSingapore.
“In 2000, Singapore’s healthcare system was ranked by the World
Health Organization (WHO) as the best in Asia – ahead of Hong Kong
and Japan. In 2003, the Political and Economic Risk Consultancy
(PERC) ranked Singapore healthcare as third best in the world,” she
continued. “With its recognized healthcare facilities and
infrastructure, the government is looking to attract one million
foreign patients every year to Singapore which will lead to an
additional S$ 2.6 billion from health care tourism.”
“As the industry grows, and the demand for world-class medical
products increases here in Singapore, opportunities for business
will be plentiful. Thus, we published these comprehensive guides to
provide information for those looking to import these products,”
explained Ms. Low. “We believe that entrepreneurs can leverage the
excellent business environment here to set up a successful
healthcare related venture.”
About Janus Corporate Solutions Pte Ltd
Janus Corporate Solutions Pte Ltd is a leading Singapore-based firm
that provides comprehensive and cost-effective Singapore company
registration, immigration visa, accounting and tax filing services
to businesses and entrepreneurs worldwide. For more information,
visit http://www.guidemesingapore.com.
CONTACTS:
Jacqueline Low
+65-6222-7445