PHARMA
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Analysts: Tough Times Await Pharmaceutical Companies
The year 2013 brought a surprise change at the peak of the Romanian drug industry, with Switzerland’s Roche gaining the top spot amid the largest players on the local profile market, after r...
Four Pharma Managers Set Up Drug Marketing Company
Alin Iosep, Dan Nicolescu, Octavian Iacob and Dragos Popescu, entrepreneurs or managers with experience on the pharmaceutical market, have set up Pharmalink, a marketing and sales business t...
Bayer Is Optimistic About Romania’s Economic Growth
German conglomerate Bayer is optimistic about Romania, as the country is expected to see annual economic growth of 3% to 4% by 2018, said Andreas Schremmer, managing director of Bayer Romani...
IMS Health: Romanian Pharmaceutical Market Rose 6% To RON9.3B In January-September
The Romanian pharmaceutical market rose 6% in the first nine months of 2013 to 9.33 billion lei (EUR2.11 billion), according to market research company IMS 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...
Pharma Market Rises 7% In First Half, Companies Expect Contraction In Second Half
Drug sales reached EUR1.4 billion in the first six months of this year, up 7% against the similar period of 2012, shows data of market research company IMS Health. Results recorded during th...
Ovidiu Buluc, Farmexim: Only Five Major Drug Wholesalers Will Be Left In A Few Years
Ovidiu Buluc, general manager of drug wholesaler Farmexim, expects only five major drug wholesalers will remain on the Romanian market in a few years’ time, from the current seven.
Pharmaceutical Market Slows Down In 2Q Because Of Focus On Profitability
The pharmaceutical market slowed down significantly in the second quarter of this year, down by 2.5% year-on-year in euros and up by 4.4% in lei, to EUR626 million (2.77 billion lei), shows...
A&D Pharma Aims For Over EUR800m In Revenue This Year
A&D Pharma, the largest company in the local drug industry, expects consolidated revenue of more than EUR800 million this year, slightly up from the EUR772 million in 2011.