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

09.25.2013

Sensiblu, part of pharmaceutical group A&D Pharma, has attracted a factoring facility from lenders BCR and UniCredit Tiriac Bank for the lei equivalent of EUR100 million. more

09.24.2013

Romania’s private health insurance market is growing quickly, but service healthcare providers estimate most of their business will still come from corporate subscribers in the coming years. more

09.23.2013

Romania’s pharmaceutical market is consolidating, but there is room for three-four large wholesalers at most, Iulian Trandafir, general manager of Farmexpert, said Monday. more

09.23.2013

Romania’s pharmaceutical market has climbed from EUR1 billion to EUR2.5 billion in less than ten years and its growth is closely related to the evolution of medicine prices, Cegedim head Petru more

09.12.2013

Romanian authorities must give foreign investors reasons to keep investing locally and the pharmaceutical industry can help recover the gap created by the gradul decline in foreign direct investments more

08.09.2013

Drug sales reached EUR1.4 billion in the first six months of this year, up 7% against the similar period of 2012, shows data of market research company IMS Health. Results recorded during this period more

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

06.20.2013

Pharmaceutical group A&D Pharma registered turnover of over EUR800 million in 2012 and expects its sales will increase to EUR1 billion in the next three years. more

05.31.2013

Robert Popescu, chief executive officer of A&D Pharma, the largest local pharmaceutical group, says the first quarter of the year was the most difficult in his entire business career and the sales more

03.21.2013

Pharmaceutical companies are using employee leasing services more and more often to boost sales force, creating a market that might grow by 30% this year. more

01.14.2013

Negotiations on the takeover of Romanian drug producer Labormed by U.S. pharmaceutical company Alvogen from investment fund Advent are almost finished and a decision on the matter will be presented in more

01.10.2013

A&D Pharma, the largest local pharmaceutical group, could reach EUR1 billion in consolidated revenue “in two or three years at most”, says its chief executive officer Robert Popescu. more

11.30.2012

Dragos Dinu, who served as chief executive officer of the largest local pharmaceutical group A&D Pharma until 2008, has been given a position in the board of electronics, home appliances and computer more

09.24.2012

A&D Pharma, the largest company in the local pharmaceutical industry, forecasts a turnover of EUR800 million in 2012, up 10% from a year before, the company’s general manager Robert Popescu said in more

08.08.2012

The pharmaceutical market slowed down significantly in the second quarter of this year, down by 2.5% year-on-year in euros and up by 4.4% in lei, to EUR626 million (2.77 billion lei), shows data of more

07.05.2012

A&D Pharma, the largest company in the local drug industry, expects consolidated revenue of more than EUR800 million this year, slightly up from the EUR772 million in 2011. more

05.11.2012

Pharmaceutical product wholesalers saw their business grow in 2011, so that the top ten companies on the Romanian market posted almost EUR2.5 billion in revenue together, according to a ZF analysis more

05.03.2012

Romanian pharmacy chain Sensiblu, the retail division of pharmaceutical group A&D Pharma, will buy 90 City Pharma pharmacies owned by the Relad group. more

03.27.2012

Renato Keller is the new general manager of Bayer Romania, a company with activities in several sectors, but whose main business is in the drug industry. The Bayer business consists of the HealthCare more

01.18.2012

Romanian private healthcare provider Anima Specialty Medical Services took over a 70% stake in the Diagnosis clinics, previously owned by investment fund Gemisa. more

01.17.2012

A&D Pharma, the largest group in the Romanian pharmaceutical industry has bought 80% in the two Diagnosis clinics, extending its private healthcare network to eight units. more

12.19.2011

A&D Pharma, the largest group in the local pharmaceutical industry, whose revenue amounts to EUR800 a year, is currently employing 300 more people than it did in 2010, mainly because of the expansion more