Health
Terapia Ranbaxy Aims For 14% Growth In Sales In 2012
Cluj-based pharmaceuticals producer Terapia Ranbaxy, a unit of Japan's Daiichi Sankyo, expects sales on the domestic market to reach about 400 million lei (EUR90 million) this year, up 14% f...
Drug Producers That Act Together For Revising Clawback Tax To Be Punished - Antitrust Body
Romania’s Competition Council will punish any concerted pressure on authorities from medicine producers to revise the law regulating the clawback tax in the pharmaceutical industry, and is w...
Antitrust Watchdog Won’t Extend New Drugstore Opening Restrictions
Romania’s Competition Council will not extend restrictions regarding drugstore network expansion, which expire at the end of the year, antitrust watchdog president Bogdan Chititoiu said Tues...
Romanian Entrepreneurs Open EUR24M Oncology Center In Brasov, Prepare New Project
Five Romanian entrepreneurs have completed an investment worth EUR24 million in a Center for Diagnosis and Oncology Treatment in Brasov, central Romania, which currently employs 100 people.
Centrofarm Changes Development Focus
Catia Radulescu, Centrofarm’s new chief executive officer, said the development of the retail pharmacy chain will be intensive over the coming period, which means it will focus on expanding...
Dorin Catana Steps Down As CEO Of Centrofarm After Six-Year Term
Dorin Catana, the chief executive officer of the Centrofarm retail pharmacy network, stepped down from his position and was replaced by Catia Radulescu, a member of the board of directors an...
What Lies Behind Figures: Pharmaceutical Market Troubled Even When Sales Rise 20%
More than ten executives on the pharmaceutical market packed their bags in the last year, companies’ profit margins have been cut by the overtaxation imposed by the government, and drug refu...
Top 10 Drug Producers Hold Almost 60% Of Romanian Market – Study
The Romanian drug market has 184 producers and the top 10 by sales control almost 60%, says a study by the Romanian Academy's Economic Prognosis Institute.
AmCham: Romanian Current Clawback Mechanism Sends Negative Message To Investors
The American Chamber of Commerce in Romania, or AmCham, called on the Government Tuesday to revise the clawback tax, adding that failing to rethink the system will irreversibly affect the tr...