Health
Romania's Medicine Market Up 3.1% To EUR2.63B In 2012
The Romanian medicine market reached EUR2.63 billion in 2012, up 3.1% from 2011, according to market research company Cegedim Romania.
Constitutional Court Deems Clawback Tax Ordinance Partially Unconstitutional
The Romanian Constitutional Court, CC, decided Tuesday the Government emergency ordinance on the clawback tax is partially unconstitutional on being levied a double tax on medical drugs.
U.S. Alvogen Acquires Generic Drug Maker Labormed
U.S. pharmaceutical company Alvogen on Thursday said it acquired Romanian generic drug producer Labormed in December 2012 from private equity firm Advent International.
Unifarm May Borrow EUR800,000 From Romania Treasury To Buy Cancer Drugs
Romanian medicine supplier Unifarm may borrow EUR800,000 from the state treasury to purchase oncology drugs, according to an emergency ordinance approved by the Government Wednesday.
Copayment For Hospital Medical Care At Between RON5 And RON10 - Draft
Romanian inpatients will pay between 5 lei (EUR1.14) and RON10 upon hospital discharge, and each hospital will be free to set the value of copayment within these limits, according to a draft...
Drugmaker Antibiotice Sees 17% Higher Exports In 2013, After FDA Audit
Romanian state-run drug producer Antibiotice Iasi (ATB.RO) forecasts 17% higher exports in 2013 from $20 million in 2012, fueled by expanded partnerships on the US market as well as on other...
Medicover Expects Hospital Revenue To Double In 2013
Medicover, one of the largest operators in the private medical service business expects revenue for its hospital in Bucharest to “at least” double this year compared with 11.7 million (EUR2....
Romania To Introduce Copayment For Healthcare Services Starting March
Romania will introduce copayment in the healthcare sector starting March and patients will pay a modest fixed amount depending on services provided, excluding emergency services, according t...
Hospital Managers To Be Replaced If They Fail To Rein In Arrears
Romania will amend the contracts of hospital managers so that they can be replaced following quarterly evaluations, if the hospital registers arrears for three consecutive months, according...