Health
Romanian Farmec Cluj Enters Dermo-Cosmetics Market
Farmec Cluj, the biggest local cosmetics producer, launched a dermo-cosmetics line, under the brand Gerovital H3 Derma A, which it will exclusively sell in pharmacies.
MedLife: Private Healthcare Sector Will See Major Insolvencies In 2015
Hospitals have not been a winning bet for many private healthcare operators in Romania and the market will be hit by significant insolvencies next year, said Mihai Marcu, managing board pres...
Private Healthcare Market To Have At Least One Big Transaction In Next Two Years
The private healthcare market will have several mergers and acquisitions in 2015 and at least one big transaction in the next two years, Sergiu Negut, consultant in the healthcare sector, to...
ADM Farm Aims To Consolidate Its Business, Return To Growth In 2015
Romanian pharmaceutical wholesaler ADM Farm wants to consolidate its financial indicators, namely, its profitability and cash flow, in a bid to switch to growth starting 2015, after posting...
Pharmaceutical Wholesaler Polisano Resumes Growth After Decline Caused By Owner’s Death
The downward trend registered by pharmaceutical wholesaler Polisano, following the scandal involving the company’s owner Ilie Vonica who committed suicide early June, stopped and even revers...
Novartis Pharmaceuticals' Head For C&E Europe Says Investments In Romania Will Continue
Pharmaceutical group Novartis, the world’s largest medicine producer, will continue to invest in Romania, Panos Alexakos, Head Central and Eastern Europe of Novartis Pharmaceuticals, said Mo...
ARPIM Head: Shortages In Healthcare Caused By Lack Of Financing, Reckless Use Of Existing Funds
Shortages in Romania’s public healthcare sector are triggered by the lack of financing and the reckless use of existing funds, Calin Galaseanu, president of the Romanian Association of Inter...
Distributors And Retailers Want Demographic Criteria Kept In Pharmacy Market Deregulation
Romania is not ready for a liberalized pharmaceutical market, which would lead to more drugstores, as it is already among the top countries in Europe by number of drugstores per 1,000 inhabi...
Amgen GM: Romania Must Boost Investments In Innovation
Romania is not, by far, among the top countries in the European Union that back innovation and authorities ought to increase public investments in this sector, Gabor Sztaniszlav, general man...