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Labormed

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Zentiva Completes Acquisition of Alvogen's CEE Operations Including Romanian Labormed
Companies

Zentiva Completes Acquisition of Alvogen's CEE Operations Including Romanian Labormed

Zentiva Group, owned by Advent International, announced Tuesday it has completed the acquisition of Alvogen's Central and Eastern European (CEE) business.

Oana Gavrila · 07.04.2020 · 11:53 · 1 min
Zentiva Group Buys Alvogen’s Operations In CEE, Including Labormed Plant In Romania
Companies

Zentiva Group Buys Alvogen’s Operations In CEE, Including Labormed Plant In Romania

Zentiva Group, also present on the Romanian market, has announced the acquisition of the operations in Central and Eastern Europe of pharmaceuticals company Alvogen, for an undisclosed amoun...

Ecaterina Craciun · 25.10.2019 · 18:32 · 1 min
Labormed Posts 61% Higher Sales, 84% Lower Loss In 2013, 1st Year Under Alvogen’s Control
Health

Labormed Posts 61% Higher Sales, 84% Lower Loss In 2013, 1st Year Under Alvogen’s Control

Sales of Romanian generic drug producer Labormed Pharma surged nearly 61% to 141.8 million lei (EUR32 million) and its loss narrowed by 84% to RON18 million in 2013, the first year under the...

Ecaterina Craciun · 11.06.2014 · 16:52 · 1 min
Advent Sold Labormed For $33M, 20% Of Acquisition Price
Health

Advent Sold Labormed For $33M, 20% Of Acquisition Price

Investment fund Advent sold Romanian generic drug producer Labormed last year to U.S. pharmaceutical company Alvogen for $33 million (EUR24 million), less than 20% of the acquisition price p...

Gabriela Stan · 13.03.2014 · 15:19 · 1 min
PlantExtrakt Reintroduces In Its Portfolio 12 Brands Sold To Labormed In 2009
Health

PlantExtrakt Reintroduces In Its Portfolio 12 Brands Sold To Labormed In 2009

Cluj-based company Laboratoarele PlantExtrakt, which produces homeopathic medicines and herbal remedies, has reintroduced in its portfolio the 12 brands it had sold to Romanian drug producer...

Ecaterina Craciun · 22.11.2013 · 15:23 · 1 min
Stephen Stead Returns To Pharmaceutical Market As Ranbaxy Regional Director
Health

Stephen Stead Returns To Pharmaceutical Market As Ranbaxy Regional Director

British-born Stephen Stead, who in August 2012 stepped down as CEO of Labormed, has returned to the pharmaceutical industry in a regional position within Ranbaxy and is based in Romania. He...

Tudor Ioana Raluca · 22.10.2013 · 00:00 · 2 min
Advent’s Portfolio In Romania Includes Only Two Companies After Two More Exits
Health

Advent’s Portfolio In Romania Includes Only Two Companies After Two More Exits

Investment fund Advent Internaținal sold two of its Romanian businesses over the past year: medical drug producer Labormed in August 2012 and paint maker Deutek this month.

Ioana Tudor · 29.08.2013 · 12:03 · 2 min
New Owner Of Labormed Wants Less Reliance On Romanian Market
Health

New Owner Of Labormed Wants Less Reliance On Romanian Market

The priority of the new owner of pharmaceutical producer Labormed, Alvogen, is to make the company less reliant on the Romanian market, says Laurentiu Scheusan, Alvogen’s executive vice pres...

Tudor Ioana Raluca · 09.04.2013 · 00:00 · 2 min
U.S. Alvogen Acquires Generic Drug Maker Labormed
Health

U.S. Alvogen Acquires Generic Drug Maker Labormed

U.S. pharmaceutical company Alvogen on Thursday said it acquired Romanian generic drug producer Labormed in December 2012 from private equity firm Advent International.

Ioana Tudor · 31.01.2013 · 16:25 · 2 min