What Does SPAC Stand For?

SPAC stands for State Pharmaceutical Administration Of China

The State Pharmaceutical Administration of China (SPAC) is the national regulatory authority responsible for overseeing the country's pharmaceutical sector. SPAC's primary mandate includes the approval of new drugs, regulation of pharmaceutical manufacturing practices, and enforcement of safety and quality standards to ensure the integrity of medical products. By facilitating innovation and ensuring compliance, SPAC plays a crucial role in safeguarding public health and promoting the development of the pharmaceutical industry in China.