07.19.2013

Ovidiu Buluc, general manager of drug wholesaler Farmexim, expects only five major drug wholesalers will remain on the Romanian market in a few years’ time, from the current seven. more

06.27.2013

The Association of Pharmaceutical Distributors and Retailers in Romania (ADRFR) says there is no evidence showing patients have difficult access to medicines but some drug producers, despite demand, more

06.11.2013

Actavis Operations Romania exported more than EUR32 million worth of drugs produced in its facility in Bucharest in 2012, which accounts for 40% of its revenues. more

06.10.2013

Pharmaceutical distributor Polisano, controlled by Romanian businessman Ilie Vonica, is investing 53 million lei (EUR12 million) in a cancer drug production facility, RON17 million of which are EU more

04.22.2013

Sales of drugs more than doubled in Romania in the 2004-2012, when the Health Ministry was run by ten ministers and the funds allocated by the National Health Insurance House (CNAS) for fully and more

04.14.2013

The new list of compensated drugs might become effective starting July 1, while therapeutic protocols, whereby doctors will be advised to recommend generics, might become effective by the end of 2013, more

01.17.2013

Romanian medical drugs producers have focused on exports during the last years, which increased by 40% in 2012 and are seen up 25% in 2013, to offset the deterioration of local operations strongly more

12.26.2012

Romanian state-run drug producer Antibiotice Iasi (ATB.RO) is aiming for EUR124 million sales by 2016, an increase of 77% from the almost EUR70 million expected this year. more

12.25.2012

For the healthcare sector, 2012 is the year with two law drafts subjected to public debate without any of them being implemented. It was also the year with five different health ministers. At the same more

11.28.2012

Romania’s Health Ministry aims to speed up the acquisition and discount procedure of the drugs difficult to procure, secretary of state Alexandru Rafila said Wednesday. more

11.26.2012

Romania ranks last in the European Union in terms of costs with medical care and drugs, which triggers a life expectancy shorter by five years than the European average and over EUR18 billion in more

10.24.2012

Pharmaceutical producers and wholesalers will face severe sanctions if they withdraw from the market or halt sales of various medicines without notifying the government several months ahead, more

06.14.2012

The average price of a pack of pills has doubled since 2005, reveals a ZF analysis based on the data provided by market research company Cegedim Romania. more

06.07.2012

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% from RON350 more

05.31.2012

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 refunds are more

05.08.2012

Businessman Mihai Miron, who controls pharmaceutical company Ropharma, says he plans to have production growth outstrip total turnover growth this year. This is the first time Mihai Miron has ever more

04.19.2012

The vaccine business is worth about EUR30 million a year, with sales of tree million units. Despite it being a small market, international companies such as Sanofi and GlaxoSmithKline (GSK) are vying more

04.06.2012

Europharm Brasov, the drug plant of UK giant GlaxoSmithKline, ended last year with turnover of around EUR100 million, up by around 10% on 2010. more

03.19.2012

Romania’s Competition Council has closed an investigation into local drug wholesalers without levying any sanctions although the investigation report sets fines up to 4% of turnover for the more

02.10.2012

The Romanian pharmaceutical market reached EUR2.55 billion in 2011, up 11.5% on the year, according to market research company Cegedim. Sales of drugs rose by almost 30% in the fourth quarter of 2011, more

01.04.2012

Ovidiu Wencz, general manager of Dona pharmacy chain, says the Romanian drug retailer will rely on expansion, while seeking to improve efficiency. more

12.28.2011

Drug sales in Romania could exceed EUR2.4 billion this year, up 6.4% on the year, according to ZF estimates based on data from market research company Cegedim. more

11.18.2011

Jacques Nathan, the new country manager of Sanofi Romania, says the factory in Bucharest has a strategic importance in the group and will be used to produce and launch new drugs, while the group is more

11.15.2011

Pharmaceutical company GlaxoSmithKline (GSK), which owns drug maker Europharm in Brasov (central Romania), expects to sell 75% of its output abroad next year, compared with 60% this year and 43% in more

11.11.2011

Drug sales leaped significantly in the third quarter of the year, rising by nearly 14% in value against the similar period of 2010, to 2.74 billion lei (EUR643 million), according to data from market more