04.24.2015

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 more

04.08.2015

A&D Pharma, the largest group in Romania’s drug industry, has reached a network of over 10 Punkt-branded pharmacies, according to data compiled by ZF, with the new network taking shape in just a few more

03.26.2015

Sun Pharma group, founded by Dilip Shanghvi, one of India’s wealthiest businessmen, generates sales of over $100 million in Romania, the second largest market in Europe after Russia. Romania is also more

01.19.2015

Producers of generic pharmaceuticals in Romania fired over 300 people last year, made no major investments, lowered production for the domestic market by around 10% and their exports stagnated due to more

01.09.2015

The drug market is likely to rise by 2-3% this year, when it may go beyond RON12 billion, according to ZF calculations based on the expectations of the main players in this industry, after a difficult more

12.29.2014

Roche Romania, the largest player on the local pharmaceutical market, estimates the industry will register tepid growth, of 2-3%, in 2015. more

12.09.2014

Market research company Cegedim Romania changed its outlook about the trend of the drug market in 2014, from a negative one to one of slight growth. more

11.17.2014

Romanian generic drug producer Labormed Pharma will raise its share capital by EUR55 million by converting into shares part of a EUR85.28 million receivable it owes Alvogen Lux Holdings S.a.r.l., more

10.01.2014

There should be more companies providing medical insurance, so the healthcare sector would get more money, Vasile Ciurchea, chairman of the National Health Insurance House (CNAS) said at the ZF Pharma more

09.29.2014

The Romanian pharmaceutical market might fall by up to 1.5% this year, while a return to growth next year would depend on the final version of reimbursed drugs list, Petru Craciun, general manager of more

09.29.2014

Romania needs a pharmaceutical industry development strategy because the industry's contributions to the state budget are major, Antibiotice Iasi general manager Ioan Nani said Monday at the ZF Pharma more

09.08.2014

The 20 largest pharmacy networks in Romania in 2013 generated overall revenue worth above EUR1 billion, up 10% against 2012, amid the rising number of units. more

09.01.2014

Marius Chereches, former manager of companies such as Ozone or PharmaFarm, has in the past four years developed Ecofarmacia pharmacy network, which has reached 26 units in Ardeal area of Romania. more

07.17.2014

Pfizer will continue to invest in the medium-sized production facility it owns in Cluj, northwestern Romania, according to Nolan Townsend, the American who arrived in Romania in May to take over the 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

04.15.2014

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

04.01.2014

Pharmaceutical group A&D Pharma had a turnover of RON4.7 billion (EUR1.07 billion) in 2013, up 6.7% on the year, as its distribution division Mediplus and Sensiblu drugstores had higher sales and the more

02.25.2014

Alin Iosep, Dan Nicolescu, Octavian Iacob and Dragos Popescu, entrepreneurs or managers with experience on the pharmaceutical market, have set up Pharmalink, a marketing and sales business targeting more

02.12.2014

A&D Pharma is constantly eyed by foreign investors, as the largest group in the Romanian pharmaceutical industry was seen for years an investment target for major companies wanting to tap the domestic more

12.05.2013

German conglomerate Bayer is optimistic about Romania, as the country is expected to see annual economic growth of 3% to 4% by 2018, said Andreas Schremmer, managing director of Bayer Romania. more

12.02.2013

The Romanian pharmaceutical market rose 6% in the first nine months of 2013 to 9.33 billion lei (EUR2.11 billion), according to market research company IMS Health. more

11.28.2013

Romania’s largest pharmaceutical group A&D Pharma targeted this year to make the Sensiblu drugstore network profitable, after it was affected by a “very aggressive competition on the market”, more

10.22.2013

The turnover of Romanian medical drug distributor Mediplus, part of pharmaceutical group A&D Pharma, will increase over 10% this year, Robert Popescu, the group’s general manager, told Mediafax more

10.22.2013

British-born Stephen Stead, who in August 2012 stepped down as CEO of Labormed, has returned to the pharmaceutical industry in a regional position within Ranbaxy and is based in Romania. He is more

10.02.2013

Alvogen and Labormed Pharma, which the former bought last December, will post 265 million lei (EUR60 million) revenue in 2013, says Laurentiu Scheusan, Alvogen’s executive vice-president in Central more