Health
Biofarm Buyback Offer Largely Oversubscribed
The buyback offer launched by pharmaceutical producer Biofarm (BIO.RO) on the Bucharest stock exchange was heavily oversubscribed, as the company’s main shareholders placed orders to sell th...
Businessman Mihai Miron Bets EUR2M On Production Lab In Chisinau
Romanian businessman Mihai Miron, known through the companies he developed in the pharmaceutical industry, Europharm and Ropharma, has a new bet this year, a production lab in Chisinau (the...
Romgermed Postpones Expansion To Bulgaria, Moldova; Focuses On Local Expansion
Private healthcare group Romgermed postponed its plans to extend to the Republic of Moldova and Bulgaria, due to the instability in the region, but will continue the expansion on the local m...
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.
Posta Romana To Distribute Health Cards For RON37.5M
Romanian state-owned postal operator Posta Romana and the country's health insurance house CNAS signed an agreement at the government headquarters Friday whereby Posta Romana will distribute...
Romania’s Drug Wholesale Sector Gained EUR1.4B During The Crisis
The 1,600 drug wholesalers registered in Romania generated overall revenue of 23.4 billion lei (EUR5.3 billion) last year, up 60% against 2008, the best year for the Romanian economy.
MedLife To Open Clinics In Constanta and Craiova
MedLife, Romania's largest private medical services provider, said it will finalize in November the construction of a clinic in Constanta (southeastern Romania) and plans to set off in upcom...
Pfizer Invests $5.4M In Its Romanian Dietary Supplements Factory Ferrosan
American pharmaceutical producer Pfizer said it is investing $5.4 million in the packaging line at its dietary supplements factory Ferrosan in Cluj-Napoca (northwestern Romania).
Gedeon Richter's Drugstore Chain In Romania Lowers Capital By EUR2.5M
Gedeon Richter Farmacia, the 120-drugstore network Hungarian pharmaceutical group Gedeon Richter owns in Romania, has lowered its share capital by RON11.38 million (EUR2.58 million), by redu...