Terapia, First Profit Decline In Six Years

04.24.2015 By Ioana David

Cluj-based Terapia, the largest local drug producer, posted net profit worth 86 million lei (EUR19 million) last year, down 21% against 2013. This is the first decline the drug maker has witnessed in the past six years and it comes at a time when it changed its shareholder, getting to be owned by India’s Sun Pharma in the wake of an international deal.

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Keywords:
Terapia
, profit
, pharma