MEDICINE
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Some 40% Of Romania’s Parallel Exports Of Medicines Made Through Drugstores With Wholesale License
Parallel exports of medicines fell this year compared with 2012 and 30%-40% of parallel trade is made through retail drugstores engaged in wholesale distribution, according to the Associatio...
Romanian Pharmaceutical Wholesalers Among Largest Medicine Exporters In 2012
Romanian pharmaceutical wholesalers Mediplus, Polisano and Farmexim and drug producers Europharm, Sandoz and Infomed Fluids were among the ten largest local medicine exporters last year, acc...
Krka Expects Higher Sales in Romania This Year, From EUR47M In 2012
Slovenian pharmaceutical group Krka expects its sales in Romania will increase in 2013, as the company will launch over 10 new products by the end of the year.
Cold Medicine Fervex Pulled From Drugstores Over Tainted Lot
Cold medicine Fervex has been withdrawn from drugstores after U.S. pharmaceutical company Bristol-Myers Squibb found a contaminated lot in its Upsa factory in France, Romania’s National Medi...
Sales of AstraZeneca in Romania Doubled In Four Years
Anglo-Swedish medicine producer AstraZeneca posted $161 million sales in Romania last year, up 4.5% from $154 million in 2011.
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...
Over 560 Medicines Exited Romania In 2012, Double On Year
Over 560 medicines exited the Romanian market in 2012, more than double on the year, while new medicine registrations rose 12.6% to 1,132, mainly cardiovascular, nervous system and cancer dr...
Terapia Ranbaxy GM: Romania’s Parallel Exports Of Medicines At Alarming Level In 2012
Parallel exports of medicines reached an alarming level last year, of EUR1.3-1.5 billion, half of the value of Romania’s drug market, encouraged by a degraded business environment, Dragos Da...
Average Drug Prices Have Doubled Since 2005
The average price of a pack of pills has doubled since 2005, reveals a ZF analysis based on the data provided by market research company Cegedim Romania.