MEDICINE
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Pharmaceutical Market Overshoots EUR2.5B Mark
The Romanian pharmaceutical market reached EUR2.55 billion in 2011, up 11.5% on the year, according to market research company Cegedim. Sales of drugs rose by almost 30% in the fourth quarte...
Senate Approves Bill On Medical Practices In Schools
Romania's Senate on Monday adopted a bill concerning medical and dentist practices in public and private schools.
Drug Market Up By A Staggering 14%, Approaches RON10B
Drug sales leaped significantly in the third quarter of the year, rising by nearly 14% in value against the similar period of 2010, to 2.74 billion lei (EUR643 million), according to data fr...
Pharma Industry Asks IMF To Push For Changes To Clawback System
Pharmaceutical companies have asked the International Monetary Fund to urge Romania's Government to reduce the clawback tax to zero for generic drugs, allow at least 210 days for its payment...
Antitrust Body: Malfunctions On Romanian Medicine Market May Lead To Drug Shortages
Malfunctions on the Romanian medicine market block the activity of small distributors and limit sales of cheaper drugs to below 1% of the total value of the market, show the results of an in...
GSK: Romanian Market Grows Because Of Stringent Medical Needs
Romania’s pharmaceutical market is a market of contrasts. On the one hand it is extremely unpredictable, which makes it impossible to know whether one will get good or bad news tomorrow, and...
Drug Sales Slow Down, Reach EUR1.4B In Seven Months
The drug market grew by 6.2% (5.6% in euro terms) in the first seven months of the year, to 6.1 billion lei (EUR1.45 billion), according to data from market research company IMS Health. 4.6%...
Top Ten Drug Makers Posted EUR450 In Turnover In 2010, Up 20%
The ten largest drug makers with plants on the Romanian market last year generated cumulated turnover of more than EUR450 million, almost 20% higher than in 2009, shows a ZF analysis based o...
Pharmaceutical Industry Ends Career Of 14th Health Minister In The Last 20 Years
Health minister Attila Cseke (the 14th minister in the last 20 years) on Thursday handed in his resignation, unhappy with the money he was allotted at the budget revision. Out of the EUR1 bi...