09.09.2014

Romanian businessman Mihai Miron, known through the companies he developed in the pharmaceutical industry, Europharm and Ropharma, has a new bet this year, a production lab in Chisinau (the Republic more

09.04.2014

The 1,600 drug wholesalers registered in Romania generated overall revenue of 23.4 billion lei (EUR5.3 billion) last year, up 60% against 2008, the best year for the Romanian economy. more

08.11.2014

Sales of pharmaceutical drugs returned to growth in the second quarter of the year, reaching 3 billion lei (almost EUR680 million), according to market research company Cegedim Romania. more

06.11.2014

On a domestic drug market worth over EUR2.6 billion, Romanian drug makers are unable to gain ground, with the pharmaceutical industry being traditionally dominated by importers. Hungary, the Czech more

06.04.2014

Drug sales, which posted annual increases of 20-30% in the past, are likely to go slightly down in 2014, before resuming growth in 2015, but at a much slower pace than in the past. more

05.28.2014

The year 2013 brought a surprise change at the peak of the Romanian drug industry, with Switzerland’s Roche gaining the top spot amid the largest players on the local profile market, after reaching more

04.17.2014

Drug wholesaler Farmaceutica Remedia Deva (RMAH.RO) says the state’s decision to pay its health system arrears under IMF pressures brought to the surface the pharmacies that are struggling and more

04.15.2014

Sun Pharmaceutical, the Indian company that took over Ranbaxy, owner of Terapia plant, Romania’s largest drug maker, sees “tremendous” growth potential in Romania in the coming period, when the more

02.11.2014

The year 2014 will be a transition year for GlaxoSmithKline Romania, as the sales will be affected by the expiration of the patent for the best-selling drug in its portfolio, which will now see more

01.23.2014

Sanofi, the largest pharmaceutical company in Romania, which owns the Zentiva plant (SCD.RO) in Bucharest, estimates exports could reach 30% of its production volume in 2013, double the 2012 level. more

09.12.2013

Romania is considering rethinking its clawback tax system so that generic drug producers and brand-name medicine producers will be taxed differently. more

09.12.2013

The penetration rate of generic drugs in Romania is only 24%, compared to 55% in Poland, and local medicine producers estimate that encouraging the use of generic drugs would help the state and more

08.21.2013

The 40 largest pharmaceutical producers in Romania (which includes those making veterinary care products) posted aggregate revenues of EUR671 million in 2012 and employed 8,166 people, according to ZF more

07.11.2013

Non-prescription drugs (OTC) have gained ground in the past few years, acting as a refuge for pharmaceutical companies looking for cash and shorter payment deadlines. more

06.27.2013

Romania must change the system setting prices of imported drugs to discourage parallel export, Health Minister Eugen Nicolaescu said Thursday. more

02.06.2013

The Romanian medicine market reached EUR2.63 billion in 2012, up 3.1% from 2011, according to market research company Cegedim Romania. more

01.30.2013

Romanian medicine supplier Unifarm may borrow EUR800,000 from the state treasury to purchase oncology drugs, according to an emergency ordinance approved by the Government Wednesday. more

11.18.2012

The Romanian generic drug market will witness a slight increase in value and a decrease in volume in 2013, similar to this year’s trend, said Laurentiu Mihai, executive manager of the Association of more

10.08.2012

Erik Bogsch, the chief executive of the pharmaceutical group Gedeon Richter, says he expects sales in Romania to go up by several percentage points this year, driven by the launch of new products. He more

05.28.2012

Romanian drug producers will withdraw products from the discounted and free medicine list if the Government fails to revise the clawback tax. more

04.09.2012

Novartis Pharma Services general manager Elena Mitova said prospects are very good in Romania, adding that she prefers to be here, where potential is bigger than on western markets, which have already more

03.16.2012

Romania's Health Ministry has put forward for public debate a draft Government decision, which restricts the prescription of three drugs, and a draft order changing the duration of hospitalization for more

02.22.2012

Businessman Eugen Banciu, who according to the latest information holds 40% in Romanian drug wholesaler Farmexpert, could sell some more of his shares, by exercising an older contractual clause. more

01.06.2012

The Romanian pharmaceutical market might return to double-digit growth this year, after a 7% increase to approximately EUR2.56 billion in 2011, according to ZF estimates based on data provided by more

12.16.2011

Ovidiu Wencz, the manager who was at the helm of the Romanian subsidiary of Spanish giant Campofrio for almost nine years until June 2010, has returned to business, as general manager of the Dona more