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MEDICINE

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Health

Government Pledges To Keep Clawback Tax To Avoid New Arrears

Romania’s Government said it will continue to apply the clawback tax in the pharmaceutical industry to avoid amassing new arrears in the sector, according to its latest letter of intent to t...

Ioana Tudor · 28.05.2012 · 17:56 · 2 min
Romanian Drug Producers Brace Themselves To Fight Down Clawback Tax
Health

Romanian Drug Producers Brace Themselves To Fight Down Clawback Tax

Romanian drug producers said Monday they cannot pay the clawback tax, which might bring some EUR400 million to the state budget this year, or 33.6% of producers’ discounted drug sales.

Ioana Tudor · 28.05.2012 · 14:48 · 1 min
Dr. Reddy’s Wants To Make Acquisitions In Romania, Plans $50M Turnover By 2015
Health

Dr. Reddy’s Wants To Make Acquisitions In Romania, Plans $50M Turnover By 2015

Indian drug producer Dr. Reddy’s, with turnover of around $2 billion, is interested in acquisitions in Romania as part of its growth strategy on the local market, with a $50 million turnover...

Ioana David · 24.05.2012 · 00:00 · 2 min
Cegedim: Romanian Medicine Market Climbed 21% In Jan-March
Health

Cegedim: Romanian Medicine Market Climbed 21% In Jan-March

The Romanian medicine market increased to 2.93 billion lei (EUR659.5 million) in the first three months of the year, up 21.6% compared with the same interval of 2011, according to market res...

Ioana Tudor · 18.05.2012 · 13:19 · 1 min
Health Ministry Wants To Bring To Romania 34 Cheap Cancer Drugs
Social/Politics

Health Ministry Wants To Bring To Romania 34 Cheap Cancer Drugs

The Romanian Health Ministry will sign a collaboration protocol with state-run drugmaker Antibiotice Iasi and company Unifarm to acquire 34 cheap cancer medicines that are not available on t...

Ioana Tudor · 08.03.2012 · 15:44 · 1 min
Belladonna Chain Aims To Expand To 74 Pharmacies
Health

Belladonna Chain Aims To Expand To 74 Pharmacies

Belladonna, the latest chain that started to make its presence felt on the drug retail market in Bucharest, set out to open 17 pharmacies this year, which would take the network to 74.

Radu Bostan · 28.02.2012 · 00:00 · 1 min
Social/Politics

Romania Allots RON750,000 For Morphine For Cancer Patients

Romania's Government has allotted 750,000 lei (EUR172,000) for the urgent purchase of morphine necessary for the treatment of cancer patients.

Radu Bostan · 23.02.2012 · 16:31 · 1 min
Eugen Banciu Informs German Partners He Wants To Sell Another 20% In Farmexpert
Health

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...

Radu Bostan · 22.02.2012 · 00:00 · 1 min
Polisano’s Sales Up By EUR100M In Two Years
Health

Polisano’s Sales Up By EUR100M In Two Years

Drug wholesaler Polisano, controlled by Sibiu-based businessman Ilie Vonica, last year posted sales of EUR294 million, up 19% against 2010, and in line with its initial forecast. But matched...

Radu Bostan · 21.02.2012 · 00:00 · 1 min