Health
Romanian Pharmaceutical Market Heads Toward RON14B In 2019
Drug sales, which posted annual increases of 20-30% in the past, are likely to go slightly down in 2014, before resuming growth in 2015, but at a much slower pace than in the past.
Algocalmin Brand Generates 16% Of Sanofi Romania's Sales
Algocalmin, one of Romania’s oldest medicine drug brands, registered sales of more than 10 million packs between April 2013 and March 2014, flat from the year-earlier period.
Foreigners Spend Over EUR60M/Year On Health Tourism In Romania
Over 20,000 foreigners come to Romania annually for health treatment, especially for aesthetic surgery and dental procedures, and spend more than EUR60 million on healthcare services, accomm...
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...
GSK Appoints Marketing Manager As Interim General Manager Of Europharm Distributie
UK’s GlaxoSmithKline (GSK), which owns pharmaceutical distributor Europharm Distributie, has appointed marketing manager Viorel Vodita as interim general manager.
Ropharma Brasov 1Q Revenues Declined Slightly To RON103.3M
Pharmaceutical company Ropharma Brasov (RPH.RO), owned by Romanian businessman Mihai Miron, posted operating revenues of RON103.3 million in the first quarter of the year, down 2%, and a net...
Pharmaceutical Market Down 7% In 1Q In Terms Of Producer Prices - Association
Generic medicines producers say medicine sales in Romania at producer prices declined around 7% in the first quarter, due to lack of financing in the healthcare sector, the launch of cheap m...
Zentiva Romania 1Q Sales Up Nearly 39% To RON102.2M
Drugmaker Zentiva Romania (SCD.RO) Thursday said its sales surged 38.7% to 102.2 million lei (EUR22.7 million) in the first quarter of 2014, from RON73.6 million in the year-earlier period.
Cegedim: Romanian Pharmaceutical Market Down 4% To EUR669M In 1Q
Sales of pharmaceutical wholesalers in Romania fell 4% on the year to EUR668.8 million in the first quarter of 2014, below expectations, due to a warmer-than-expected winter, according to Ce...