British drugmaker AstraZeneca has signed an agreement with the Chinese government in Hainan to expedite the importation of certain drugs.
The firm has submitted for approval to market Koselugo (selumetinib), a treatment for neurofibromatosis type I, which is on a list of priority medicines for China.
The antibody-drug conjugate (ADC) DS8201, a treatment for HER2 positive cancers, is also on the priority list, pending approval.
AstraZeneca has also inked agreements with the local authorities in five cities - Beijing, Hangzhou, Wuxi, Hangzhou and Guangzhou - to build headquarters in each city for regional business expansion.
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