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Real-time News
On September 2nd, the National Medical Products Administration (NMPA) issued a new announcement stating that, to ensure public medication safety, my country will convert the over-the-counter (OTC) formulation of Yumei (a traditional Chinese medicine) into a prescription drug and manage it accordingly. The announcement requires marketing authorization holders of relevant products to submit supplementary applications for revising the product instructions to the NMPAs Center for Drug Evaluation by November 30, 2026, in accordance with the "Drug Registration Management Measures" and other relevant regulations. Other contents of the instructions must be revised according to prescription drug requirements, and the drug label must also be revised accordingly. After the supplementary application for revising the drug instructions is approved, the marketing authorization holders of relevant products must replace the instructions and labels of already manufactured drugs within nine months, or inform patients in other ways. They should also promptly collect and report adverse reaction information and implement risk control and pharmacovigilance measures. The NMPA requires that marketing authorization holders, manufacturers, distributors, and clinical users of relevant products strictly adhere to the relevant management requirements for prescription drugs when producing, selling, and using this product.September 2nd - According to sources, Valero Energys Port Arthur refinery, with a daily capacity of 385,000 barrels, experienced partial power outages Tuesday evening after Tropical Storm Edouard passed. Data from the U.S. Energy Information Administration (EIA) shows that the Valero Port Arthur refinery accounts for 2% of the nations refining capacity. Currently, the U.S. refinery utilization rate is 97.4% of the national daily capacity of 18.03 million barrels, meaning that the refinerys capacity represents a significant portion of the U.S.s currently unused refining capacity. During Edouards landfall on Tuesday, three other refineries in East Texas remained operational. Saudi Aramcos Motiva Enterprises refinery in Port Arthur, with a daily capacity of 656,400 barrels, continued operating normally during the tropical storm on Tuesday. This refinery is the largest in the United States. ExxonMobils largest refinery in Beaumont, Texas, with a daily capacity of 612,000 barrels, also continued operating during Edouards landfall. Total Energy’s Port Arthur refinery, with a daily capacity of 238,000 barrels, also remains operational.On September 2, Yadora Javani, deputy political commander of the Iranian Revolutionary Guard, warned Arab countries to expel US troops or face a devastating military response. In a statement released by Tasnim News Agency, Javani said, "It would be best to expel the Americans from your countries and reclaim these military bases." He warned that the Iranian military has proven that it will resolutely retaliate against any location used to launch attacks against Iran, specifically naming Kuwait, Bahrain, and Jordan.September 2nd - This morning (September 2nd), the National Healthcare Security Administration held a press conference to release the 3.0 version of the disease-based payment scheme and technical specifications. An official from the National Healthcare Security Administration explained that special case review is an important supporting mechanism for disease-based payment, focusing on supporting medical institutions in using new drugs, consumables, and technologies, and in treating complex and severe cases. Medical institutions can independently apply to the healthcare security agency, and after expert review and evaluation, those meeting the criteria can receive reasonable compensation. The 3.0 version grouping notice further clarifies at the institutional level that all regions should implement quarterly or monthly special case review to effectively ensure the enthusiasm and rationality of medical institutions in treating complex and severe cases.Reserve Bank of New Zealand Governor Brehman: Export sector performance far exceeded expectations.
