Health
Pharma Industry Asks IMF To Push For Changes To Clawback System
Pharmaceutical companies have asked the International Monetary Fund to urge Romania's Government to reduce the clawback tax to zero for generic drugs, allow at least 210 days for its payment...
Ritli: Health Ministry To Draw Up Undiscounted Drug List By Mid-December
Romanian Health Minister Ladislau Ritli said Thursday authorities will draw up by mid-December a list of drugs and medical tests whose costs will no longer be covered by the state.
Farmexpert Goes Ahead With Investments And Looks At EUR500M Turnover
Farmexpert, the second-largest distributor on the Romanian drugs market, held by German group ANZAG, is set to make EUR8-9 million investments in new storage facilities by the end of next ye...
Farmexpert Sees 2011 Sales Up 10% YY, To EUR400M
Medicine wholesaler Farmexpert on Wednesday said it expects sales to reach EUR400 million by the end of this year, up 10% from EUR362.8 million in 2010.
Pharmacy Chain Operator Siepcofar Moves Headquarters To S Bucharest
Drugstore chain operator Siepcofar has moved its headquarters to the Sun Offices building where it has rented 1,000 square meters, Tuesday said Colliers, the building’s new rental agent.
Antibiotice Sees 36% Higher Exports To US In 2012
State-owned drugmaker Antibiotice Iasi SA (ATB.RO) estimates its sales on the US market will grow 36% on the year to $4.5 million in 2012, after it has received official authorization to tra...
Antitrust Body: Malfunctions On Romanian Medicine Market May Lead To Drug Shortages
Malfunctions on the Romanian medicine market block the activity of small distributors and limit sales of cheaper drugs to below 1% of the total value of the market, show the results of an in...
GSK: Romanian Market Grows Because Of Stringent Medical Needs
Romania’s pharmaceutical market is a market of contrasts. On the one hand it is extremely unpredictable, which makes it impossible to know whether one will get good or bad news tomorrow, and...
Terapia Ranbaxy, ZTE Interested In Taking Over Nokia's Romanian Facility
Romanian pharmaceutical company Terapia Ranbaxy and ZTE, one of the largest Chinese producers of telecom equipment, are interested in taking over Nokia's production halls at Jucu, once the p...