Health
A&D Pharma Expects Its Sales Will Reach EUR1B In Next Three Years
Pharmaceutical group A&D Pharma registered turnover of over EUR800 million in 2012 and expects its sales will increase to EUR1 billion in the next three years.
Romania To Amend Clawback Tax
Romania’s Health Minister said the legislation regarding the clawback tax will be changed to allow a different calculation for generic drugs and original brand-name drugs.
One In Three Romanians Smokes, But Government Opposes EU’s Anti-smoking Rules
The Romanian Government protects the tobacco industry to the detriment of non-smokers by opposing a European directive aiming to reduce smoking, despite the fact that one in three Romanian a...
Romanian Antitrust Body Rejects Relad’s Discrimination Claim Against Roche
Romania’s Competition Council has rejected a claim raised by pharmaceutical distributor Relad International against Roche Romania, accusing the latter of discrimination in supplying medicine...
Ropharma Hikes Capital By RON22M
Romanian generic drugs wholesaler Ropharma Brasov (RPH.RO) has approved a 21.8 million lei (EUR4.86 million) share capital increase to approximately RON50.95 million by capitalizing existing...
Elena Pop Takes Over As ADM Farm CEO
Elena Pop, one of the stockholders of Romanian drug distributor ADM Farm, took over as chief executive officer of the group on April 1.
Regina Maria Hospitals’ 1Q Turnover Up 38% On Year
The hospitals operated by Romanian private healthcare service provider Regina Maria registered 38% higher turnover in the first quarter of 2013 compared with the similar interval a year ago.
Bucharest Court Of Appeals Cancels Clawback Tax Payment Claim Against Novartis
The Bucharest Court of Appeals cancelled a clawback tax payment claim of 15 million lei (EUR3 million) issued by the Romanian National Health Insurance House (CNAS) against Swiss pharmaceuti...
100 Largest Importers In Romania Account For 40% Of Total Imports
The 100 largest importers account for almost 40% of the total imports or more than EUR21 billion euros, according to the National Statistics Institute.