PHARMACEUTICAL
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Top Five OTC Drugs In Romania See EUR74M Sales
The best-selling over the counter (OTC) drugs in Romania are Nurofen of Reckitt Benckiser, followed by Aspenter (Terapia Cluj), Parasinus (GlaxoSmithKline) and No-Spa (Sanofi), according to...
FM Logistic Invests EUR20M In New Warehouse
FM Logistic Romania, one of the largest companies in the transport and logistics sector, will invest EUR20 million in a 20,000 square meter warehouse, where it will store pharmaceutical drug...
Third Change Of Leader On Romania’s Pharmaceutical Market In Seven Years
Romania’s pharmaceutical market has seen its third change of leader in seven years, as US-held AbbVie beat Sanofi to the top spot.
GSK Market Share Down To Half In Ten Years
UK’s GlaxoSmithKline (GSK), which had drug production operations in Romania via the Europharm plant in Brasov since late nineties, has lost more than half of its market share in Romania on t...
Terapia Sees RON98M Profit In 2015
Cluj-based pharmaceutical producer Terapia held by India’s Sun Pharma, posted 98.4 million lei (EUR22 million) net profit in 2015, an increase of 14% on 2014, according to the Finance Minist...
Pharmaceutical Market Sees First Decline In Ten Years
Sales of pharmaceutical drugs fell by 4.7% to 11.7 billion lei (EUR2.6 billion) last year (January-December), according to market research company Cegedim Romania data. This is the first dec...
2015 In Review: Ten Most Important Events In Pharmaceutical Industry
The year that is about to end was full of deals and business expansion steps of the companies in the private healthcare industry and pharmaceutical retail. While some foreign companies gave...
Farmexpert Narrows Gap To Leading Pharmaceutical Wholesaler Mediplus
Farmexpert, the second largest pharmaceutical wholesaler in Romania, ended last year with a 17% increase in revenue to 2.65 billion lei (EUR600 million), halving the gap to market leader Med...
Farmaceutica Remedia Owner Seeks Investors
Businessman Valentin Norbert Tarus, the majority shareholder of pharmaceutical wholesaler Farmaceutica Remedia (RMAH.RO,) wants to attract new investors into the company or look for opportun...