Health
GSK: 2014 A Year Of Transition After Patent Expiration For Best-Selling Drug
The year 2014 will be a transition year for GlaxoSmithKline Romania, as the sales will be affected by the expiration of the patent for the best-selling drug in its portfolio, which will now...
Terapia Ranbaxy Local Sales Up 7.5%, Exports Flat In 2013
Romanian pharmaceutical company Terapia Ranbaxy, the largest local generic drug producer, reported a turnover of RON 450 million (EUR100.4 million) on the local market in 2013, up 7.5% on th...
Farmexpert: Sound Future Awaits Independent Pharmacies
Pharmaceutical wholesaler Farmexpert has developed soundly in the last few years with costs kept well under control, says general manager Iulian Trandafir. The strategy, he added, was not to...
Pharmacy Chains Continue Expansion In 2014
The largest five retail pharmacy chains in Romania, Catena (480 pharmacies), Sensiblu (more than 400), Dona (230), Help Net (more than 150) and Ropharma (more than 125) account for almost 20...
Gral Medical Eyes 20% Revenue Hike In 2014
Romanian private healthcare provider Gral Medical targets 20% higher revenues in 2014, despite the contracting of the medical service market, the company said in a statement Tuesday.
Farmexim Opens Logistics Center Following Investment Of Over EUR16M
Farmexim group has opened a logistics center in Balotesti (Ilfov county) at the beginning of 2014, following an investment of over EUR16 million.
Renault And Auchan Choose Groupama And Regina Maria As Medical Insurance Providers
The Romanian units of French carmaker Renault and hypermarket chain Auchan, which have 27,000 employees between them, signed contracts early this year that introduced medical insurance from...
Sanofi Wants To Double Exports, Launch At Least 15 New Products In 2014
Sanofi, the largest pharmaceutical company in Romania, which owns the Zentiva plant (SCD.RO) in Bucharest, estimates exports could reach 30% of its production volume in 2013, double the 2012...
Pharmaceutical Market, Poised For Major Changes In 2014
The Romanian pharmaceutical market will grow by 8% at most n 2014, according to executives in the industry mainly due to the updating of the list of reimbursed drugs.