Health
Advent Preparing To Sell Regina Maria
Private equity fund Advent international, whose only remaining Romanian business is medical service provider Regina Maria, is getting ready for an exit, industry sources say.
Actavis Romania Changed Business Model, Targets 25-30% Higher Turnover In 2014
Pharmaceutical company Actavis Romania has changed its business model over the last years, discarded its direct distribution operations, stabilized sales on the oncological segment and devel...
IHS Set To Replicate Romanian Business Model In Countries Of The Region
International Healthcare Systems (IHS), the fifth largest player on the Romanian private healthcare market, will continue adding one center per annum, at the pace it’s maintained so far, but...
Romanians Spend Over EUR38M A Year On Painkillers, 8 Brands Make Up 70% Of Market
Sales of painkillers and anti-inflammatory pills in Romania amount to more than RON170 million (EUR38.5 million) annually, rise every year, and the top eight brands make up around 70% of the...
Farmaceutica Remedia Sales Stagnated In First Nine Months, Profit Up 58%
Pharmaceutical distributor Farmaceutica Remedia Deva (RMAH.RO) reported net sales of RON175.56 million (EUR39.47 million) in the first nine months of the year, up 0.7%, and its net profit ro...
Europharm Turnover Up 7% In 2013, When GSK Announced Shutdown
GlaxoSmithKline's Romanain production line Europharm in Brasov, which will be shut down next year, had a turnover of RON497 million (EUR113 million) in 2013, the year the future shutdown was...
MedLife Plans To Open At Least Four New Clinics In 2015, Boost Investments In Its Hospitals
MedLife, Romania's largest private medical services provider, plans to open at least four clinics and boost investments in its hospitals in 2015.
Romania Ranks 5th In Europe By Pharmacy Density
The number of retail pharmacies has doubled in Romania in the past decade, and the issue of pharmacy numbers is being discussed again this year, as the demographic criterion regulating it is...
ADM Farm Mulls Arrangement With Creditors To Optimize Operations
Romanian pharmaceutical wholesaler ADM Farm asked the court for a procedure of arrangement with creditors, in order to optimize cash flow management and manage liquidity risks, the company s...