Drugs
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Fierce fight among top drug retailers
In the first nine months of this year, the ten biggest pharmacy networks, controlling 15% of the market in terms of number of stores, mainly focused on moving pharmacies to higher-traffic areas and to a lesser extent on openings or shutdowns.
Antibiotice set to launch 80 products
Antibiotice Iași, one of the biggest local drug producers, controlled by the Health Ministry, plans to launch around 80 products in 2010-2012. Ioan Nani, the company's general manager, says...
Are cheaper drugs to be expected on the market?
The international drug market could start the era of cheap products after patents of products with tens of billions of dollars in sales expire, which will allow other producers to launch an...
Pain takes 60m euros out of Romanians' pockets
The market of drugs used in pain treatment (analgesics), a business worth almost 60m euros, is not likely to rebound earlier than 2011, with stagnation expected for this year, after 2009 wit...
Expensive drugs push pharmaceutical market up by 17% in RON in Q1
The Romanian pharmaceutical market went beyond the half a billion euro threshold in the first quarter of this year, hitting 569m euros, up 22% (17.6% in RON) from the same period of 2009, ac...
No change of leaders among top 50 best-selling drugs on Romanian market
The ranking of the 50 best-selling drugs on the Romanian market, dominated by heart and cancer drugs, is topped by Neorecormon (used in the treatment of kidney failure and cancer), which is...
Roche makes more than 100m euros from three drugs
Neorecormon (renal insufficiency), Pagasys (hepatitis) and Avastin (cancer), the best-selling drugs in Romania, belonging to Switzerland's Roche company, last year cumulated sales of around...
Scheusan seeks to buy local drugs for Alvogen
Laurentiu Scheusan, former general manager of Romania-based Actavis, who has this year taken over the management of the Romanian office of American-held Alvogen, says his current priority is...
Pharmaceutical market up 20% in five months
Sales of drugs went up by 20% in the first five months of this year compared with the same time in 2008, to 3.5 billion RON (838 million euros) according to the data of market research compa...