Health
Farmexim Integrates 300 Independent Pharmacies Into Benefica Program
Farmexim, the fourth largest player on the Romanian pharmaceutical wholesale market, integrated 300 independent drugstores under the Benefica program, which targets independent pharmacies, a...
Terapia Cluj Net Profit Up 45% To RON143M In 2016
Pharmaceutical manufacturer Terapia based in Cluj, part of India’s Sun Pharma group, posted almost 143 million lei (EUR31 million) net profit last year, an increase of 45% on 2015, according...
Top Ten Pharmaceutical Companies Posted RON6.2B Sales In 2016
The top ten pharmaceutical corporations in Romania posted growth of 15% to 325% in sales in the past decade. Israel’s Teva Pharmaceuticals saw the highest growth rate, going from about 80 mi...
MedLife Acquisition of Anima Clinic Chain Gets Antitrust Clearance
Romania's antitrust authority has cleared the acquisition of medical clinic chain Anima by MedLife, leader of the private healthcare market in Romania.
Farmaceutica Remedia Profit Surges 48.6% To RON75M In 1Q/2017
Pharmaceutical distributor Farmaceutica Remedia Deva (RMAH.RO), controlled by businessman Valentin Norbert Tarus, on Tuesday said registered a turnover of RON75.6 million in January-March 20...
MedLife Moves Corporate Headquarters To Building Acquired From Telekom
MedLife (M.RO), the leading private healthcare services provider in Romania, will be moving its corporate headquarters to a building in Bucharest acquired from Telekom, according to MedLife...
Antibiotice Iasi 1Q Profit Down 26% To RON5.3M, Turnover Up 1% To RON55.4M
Romanian state-run drugmaker Antibiotice Iasi (ATB.RO) on Monday said it registered a profit of RON5.3 million in January-March 2017, down 26% on the year.
MedLife 1Q Turnover Up 26% At RON147M
MedLife (M.RO), the leading private healthcare services provider in Romania, posted a 26.4% increase in turnover on the year, to RON146.9 million, in January-March 2017.
Zentiva Posts 10% Higher Turnover, Of RON110.2M, 9% Lower Operating Profit In 1Q/2017
Zentiva Bucharest (SCD.RO), a unit of France’s pharmaceutical group Sanofi, on Friday reported a 10% higher turnover, of RON110.2 million and a 9% lower operating profit, of RON22.6 million,...