10.25.2016

The best-selling over the counter (OTC) drugs in Romania are Nurofen of Reckitt Benckiser, followed by Aspenter (Terapia Cluj), Parasinus (GlaxoSmithKline) and No-Spa (Sanofi), according to the data more

09.25.2016

Romania’s pharmaceutical retail market has seen major changes over the last year, in the context in which the administrative reduction of drug prices applied last year slashed drugstores’ revenue more

09.20.2016

FM Logistic Romania, one of the largest companies in the transport and logistics sector, will invest EUR20 million in a 20,000 square meter warehouse, where it will store pharmaceutical drugs, medical more

09.20.2016

Romania’s pharmaceutical market has seen its third change of leader in seven years, as US-held AbbVie beat Sanofi to the top spot. more

09.19.2016

Between July 2015 and June 2016, the value of medicines released to patients in Romania reached RON11.94 billion, down 4.4% compared with the period from July 2014 to June 2015, according to a study more

09.14.2016

Romania’s pharmaceutical market may witness a decline of several percentages in 2017, keeping the current trend, Petru Craciun, general manager of market research company Cegedim Romania, said more

08.01.2016

Romania’s pharmaceutical market continued its decline in 2016, posting a decrease of 6.12% between June 2015 and May 2016. However, the first half of 2016 brought a change in the ranking of more

05.03.2016

UK’s GlaxoSmithKline (GSK), which had drug production operations in Romania via the Europharm plant in Brasov since late nineties, has lost more than half of its market share in Romania on the drug more

04.14.2016

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02.11.2016

Sales of pharmaceutical drugs fell by 4.7% to 11.7 billion lei (EUR2.6 billion) last year (January-December), according to market research company Cegedim Romania data. This is the first decline for more

12.22.2015

The year that is about to end was full of deals and business expansion steps of the companies in the private healthcare industry and pharmaceutical retail. While some foreign companies gave up their more

07.30.2015

Farmexpert, the second largest pharmaceutical wholesaler in Romania, ended last year with a 17% increase in revenue to 2.65 billion lei (EUR600 million), halving the gap to market leader Mediplus more

07.09.2015

Businessman Valentin Norbert Tarus, the majority shareholder of pharmaceutical wholesaler Farmaceutica Remedia (RMAH.RO,) wants to attract new investors into the company or look for opportunities for more

06.19.2015

Mediplus, Farmexpert, Farmexim, Fildas and Polisano, the largest local pharmaceutical wholesalers, posted more than 210 million lei (EUR47 million) net profit together last year, an increase of 24% on more

04.27.2015

The five largest pharmaceutical producers in Romania posted slight growth of merely 2% to 2 billion lei (EUR453 million) on a market that increased by almost 7% in 2014 and are bracing themselves for more

04.20.2015

UK-held pharmaceutical company AstraZeneca saw at least tenfold growth in Romania 2004-2014, going from about EUR11 million to EUR110 million, ZF has found based on the data supplied by market more

03.30.2015

U.S. pharmaceutical company Mylan, which was not directly present in Romania, gained the 20th position in the local pharma players’ ranking after the acquisition of Abbott drug division outside the more

03.02.2015

The most powerful entrepreneurial businesses in the medical service industry in Romania, MedLife and Sanador, were established by female physicians. The two currently generate EUR120 million revenue more

02.25.2015

Sales of medicines in Romania rose 6.8% last year, to RON12.3 billion (EUR2.76 billion), higher than expected, according to Cegedim, which revised its forecast for 2015 from +1.8% to +3.5%. more

01.16.2015

Dan Zamonea, the longest-serving general manager of a pharmaceutical multinational in Romania, who has been running the local subsidiary of Roche for 14 years, has left the company, as did the chief more

09.29.2014

Romania is not ready for a liberalized pharmaceutical market, which would lead to more drugstores, as it is already among the top countries in Europe by number of drugstores per 1,000 inhabitants, 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