Distributor Farmacom starts production

Farmacom, a company specialised in distribution of pharmaceuticals will also operate as drug producer as of March this year. “We have already bought and installed the new equipment for this production line and have now reached the stage where it is validated by the manufacturer. We have already completed the air conditioning installation of the facility and are to submit the necessary papers with the ANM (National Drug Agency),” Romeo Fieraru, the general manger of the company specified. The manufacturing line will specialise in anodyne drugs. “Within 60 days from the submission of the papers, the ANM issues the operating licenses in case there are no unforeseen situations. Production will most likely begin in March,” Fieraru added. The company official did not provide any estimates for the sales related to the manufacturing operations. The drug distributor estimates it concluded last year with total sales of approximately 15 million euros. It expects growth of distribution-related turnover by 10-15% for 2006. The company operates a 32 drugstore and 5 warehouse chain in Brasov, Sibiu, Iasi, Cluj and Timisoara. ZF