Health
Mediplus Fails To Get RON49.23M Antitrust Fine Scrapped, But Wins Discount
Romanian pharmaceutical wholesaler Mediplus has failed to get its antitrust fine of 49.23 million lei (EUR11.2 million) scrapped, but it has succeeded in getting its payment reduced to RON32...
Italy’s Policlinico di Monza To Invest Additional EUR20M In Bucharest Cardiology Hospital
Italian group Policlinico di Monza, which owns 10 private hospitals in Italy, will invest another EUR20 million over the next two or three years in its cardiology hospital opened in Buchares...
Belladonna Eyes 100 Pharmacies And EUR80M Revenue In 2013
Belladonna retail pharmacy network, held by two Romanian entrepreneurs, set out to open further 17 units in Bucharest in 2013, to a total of 100 pharmacies.
Regina Maria Hospitals Report 12% Higher Turnover In 2012, To Over EUR15M
The hospitals operated by Romanian private healthcare service provider Regina Maria reported a 12% year-on-year increase in turnover in 2012, to over EUR15 million.
Pharma Producers Focused On Exports To Offset Losses
Romanian medical drugs producers have focused on exports during the last years, which increased by 40% in 2012 and are seen up 25% in 2013, to offset the deterioration of local operations st...
Terapia Ranbaxy GM: Romania’s Parallel Exports Of Medicines At Alarming Level In 2012
Parallel exports of medicines reached an alarming level last year, of EUR1.3-1.5 billion, half of the value of Romania’s drug market, encouraged by a degraded business environment, Dragos Da...
Health Ministry: 80% Of Romanians Can’t Afford Private Medical Services
Only 20% of Romanians can afford to use private medical services and the chances of people on low income to receive quality public healthcare will diminish if money from the National Health...
Health Minister Nicolaescu Starts War Between State And Private Hospitals
With state-run hospitals losing patients, doctors and nurses to the private sector, the health minister has decided to suspend state financing to the private sector. But in the absence of co...
Negotiations On Labormed’s Takeover By U.S. Alvogen Almost Finished
Negotiations on the takeover of Romanian drug producer Labormed by U.S. pharmaceutical company Alvogen from investment fund Advent are almost finished and a decision on the matter will be pr...