Health
Terapia Ranbaxy's Net Profit Up Nearly 13% In 2013, To Over RON100M
Terapia Ranbaxy, the largest pharmaceutical producer in Romania, posted 109 million lei (EUR24.4 million) net profit last year, up nearly 13% from 2012, and a 20% profit margin. Revenue over...
New Terapia Owner Sees Tremendous Growth Opportunities In Romania
Sun Pharmaceutical, the Indian company that took over Ranbaxy, owner of Terapia plant, Romania’s largest drug maker, sees “tremendous” growth potential in Romania in the coming period, when...
MSD Romania Wants To Be A Top Five Player By 2018
Pharmaceutical company MSD Romania expects revenue to rise by 10% this year, in line with 2013 evolution, and on the medium term the company wants to climb two positions in the ranking of th...
Generic Medicines Producers Call For Reassessment Of New Reimbursed Medicines List
The association of generic medicines producers APMGR calls on the government to reevaluate the extended list of free and reimbursed medicines based on Health Technology Assessment (HTA) crit...
Centrul Medical Academica Banks On High Income Clients
Centrul Medical Academica, a business held by Oprescu family, generated revenue of above EUR3.1 million in 2013, up 21% on the year, above initial expectations. This year, the company banks...
SIF Muntenia To Launch Takeover Bid For 45.72% In Biofarm Next Week
Romanian regional investment fund SIF Muntenia (SIF4.RO), which controls jointly with SIF Banat-Crisana (SIF1.RO) 54.28% of the shares of pharmaceutical producer Biofarm (BIO.RO), will launc...
Sales Of OTC Meds Head Towards Half A Billion Euros
Over-the-counter drugs are set to be the fastest moving segment of the pharmaceutical market in the coming years, when they will rise at a clip of 8%, above the pace of the overall market, a...
Transgaz to Pay EUR4.9M To BCR Asigurari de Viata For Employees' Health Insurance
BCR Asigurari de Viata will provide health insurance services for the 5,000 employees of Romanian natural gas pipeline operator Transgaz Medias (TGN.RO) for the next for years, under a EUR4....
Fiterman Family Expects 10% Higher Revenue From Healthcare Business
Iasi-based group Arcadia, which includes Arcadia Hospital, Arcadia Policlinic and Arcadia Cardio, posted revenue of EUR9.24 million in 2013, up 20% on the year, and eyes double-digit growth...