PHARMA
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Romanian Pharmaceutical Sales Rose 10.7% In 1Q
Sales of medicines in Romania stood at RON3.27 billion in the first quarter, considering distribution prices, up 10.7% on the year, according to Cegedim's Pharma & Hospital Report report.
Terapia, First Profit Decline In Six Years
Cluj-based Terapia, the largest local drug producer, posted net profit worth 86 million lei (EUR19 million) last year, down 21% against 2013. This is the first decline the drug maker has wit...
Pharma Producers Fired 300 People Last Year, Lowered Production For Domestic Market
Producers of generic pharmaceuticals in Romania fired over 300 people last year, made no major investments, lowered production for the domestic market by around 10% and their exports stagnat...
Romania’s Drug Market Seen Growing In 2015 After Challenging 2014
The drug market is likely to rise by 2-3% this year, when it may go beyond RON12 billion, according to ZF calculations based on the expectations of the main players in this industry, after a...
Roche Romania’s Expectations For 2015
Roche Romania, the largest player on the local pharmaceutical market, estimates the industry will register tepid growth, of 2-3%, in 2015.
Romanian Pharmaceutical Market Might Fall By Up To 1.5% In 2014 – Cegedim
The Romanian pharmaceutical market might fall by up to 1.5% this year, while a return to growth next year would depend on the final version of reimbursed drugs list, Petru Craciun, general m...
Romanian Pharma Industry Calls For Development Strategy
Romania needs a pharmaceutical industry development strategy because the industry's contributions to the state budget are major, Antibiotice Iasi general manager Ioan Nani said Monday at the...
Romania’s 20 Largest Pharmacy Chains Go Beyond EUR1B In Revenue In 2013
The 20 largest pharmacy networks in Romania in 2013 generated overall revenue worth above EUR1 billion, up 10% against 2012, amid the rising number of units.
Pfizer To Invest Further In Romania Plant
Pfizer will continue to invest in the medium-sized production facility it owns in Cluj, northwestern Romania, according to Nolan Townsend, the American who arrived in Romania in May to take...