DRUG
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Dan Ivan, Actavis: We Thoroughly Changed Our Business Model
Retail sales (via pharmacies) are now at more than 60% of the total at the moment, because of a decision made to change the business model at the end of 2011, says Dan Ivan, general manager...
Romania Ranks 5th In Europe By Pharmacy Density
The number of retail pharmacies has doubled in Romania in the past decade, and the issue of pharmacy numbers is being discussed again this year, as the demographic criterion regulating it is...
Pharmaceutical Drug Sales Up In Q2
Sales of pharmaceutical drugs returned to growth in the second quarter of the year, reaching 3 billion lei (almost EUR680 million), according to market research company Cegedim Romania.
GSK: 2014 A Year Of Transition After Patent Expiration For Best-Selling Drug
The year 2014 will be a transition year for GlaxoSmithKline Romania, as the sales will be affected by the expiration of the patent for the best-selling drug in its portfolio, which will now...
Sanofi Wants To Double Exports, Launch At Least 15 New Products In 2014
Sanofi, the largest pharmaceutical company in Romania, which owns the Zentiva plant (SCD.RO) in Bucharest, estimates exports could reach 30% of its production volume in 2013, double the 2012...
Top 40 Pharmaceutical Producers Posted EUR700M Revenue In 2012
The 40 largest pharmaceutical producers in Romania (which includes those making veterinary care products) posted aggregate revenues of EUR671 million in 2012 and employed 8,166 people, accor...
Non-Prescription Drugs Gain Ground On Romania's Pharmaceutical Market
Non-prescription drugs (OTC) have gained ground in the past few years, acting as a refuge for pharmaceutical companies looking for cash and shorter payment deadlines.
Head Of Novartis: Prospects Are Better In Romania Than In Western Countries
Novartis Pharma Services general manager Elena Mitova said prospects are very good in Romania, adding that she prefers to be here, where potential is bigger than on western markets, which ha...
Eugen Banciu Informs German Partners He Wants To Sell Another 20% In Farmexpert
Businessman Eugen Banciu, who according to the latest information holds 40% in Romanian drug wholesaler Farmexpert, could sell some more of his shares, by exercising an older contractual cla...