Surging pet industry raises favourable policies for veterinary drugs

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With the rapid development of the pet industry, demand for veterinary drugs has become increasingly urgent.

According to the reply to delegates at the fifth session of the 13th National People’s Congress, the Agriculture and Rural Affairs Ministry said that it was currently organising a revision of the measures for registering veterinary drugs.

In recent years, with the rapid development of the pet industry, demand for veterinary drugs has become increasingly urgent, and the research and development of these drugs has become an industry hot topic. As noted in the report, veterinary drugs are the core of the pet medical industry, whose market volume was 10.5 billion yuan .On May 24, it prioritised and simplified the requirements for clinical approvals of veterinary biological products.

 

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