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PRIMER: Current clawback mechanism jeopardizes patients’ access to drugs produced in Romania

Pharma July 21, 2017 16:19 0 comments

The clawback tax, applied to the manufacturers of pharmaceuticals from Romania, doubled in the last 2 years and represents a double taxation system that jeopardizes patients’ access to drugs produced in Romania and the future…more »

Competition Council

Competition Council approves take over of part of Astra Zeneca’s assets by Recordati

Pharma July 19, 2017 17:06 0 comments

The Competition Council approves the take over of a part of Astra Zeneca’s assets by Recordati in order to sell pharma products Betaloc and Betaloc ZOK in Romania. „The objective of the economic concentration operation…more »

Sorin Popescu appointed interim general director of Amgen Romania

Pharma July 17, 2017 12:30 0 comments

Sorin Popescu was appointed interim general director of Amgen Romania and will also keep his current position of general director Amgen Israel. He will replace Gábor Sztaniszláv, who was appointed business performance director Europe within…more »

APMGR: Over 2,000 drugs at risk of disappearing from the market due to clawback tax

Pharma July 14, 2017 11:35 0 comments

The Association of Generic Medical Drugs from Romania (APMGR) warns about the risk of disappearance of over 2,000 drugs from the market due to clawback tax that aims to increase to 30 percent. APMGR requests…more »

pharma clawback tax

A&D Pharma gets over EUR 177 mln in syndicated loan

Finance June 15, 2017 14:21 0 comments

Pharmaceuticals group A&D Pharma got over EUR 177 million through a syndicated loan from BRD-Groupe Societe Generale and UniCredit Bank. The club loan, which has a 5-year maturity, will be used by the group to…more »

"mirela iordan pfizer romania"

#countryfocus | Mirela Iordan (Pfizer Romania), confirmed speaker at BR’s Country Focus Community Forum

Pharma June 09, 2017 14:01 0 comments

Mirela Iordan, the country manager of Pfizer Romania, the pharmaceuticals giant, is among the confirmed speakers of Country Focus Community Forum, the 2-day event organized by Business Review on June 13-14 in Bucharest. Iordan took…more »

Penta-backed pharmacies chain Dr. Max launches in Romania

Pharma June 06, 2017 16:28 0 comments

Pharmacies chain Dr. Max pharma, which is present in the Czech Republic, Slovakia, Poland and Serbia, has launched its operations in Romania through its legal entity RockyFarm SRL. RockyFarm SRL will take over pharmacies from…more »

Romania’s Ministry of Health plans to change the clawback tax

Legal May 11, 2017 11:51 0 comments

Romania’s minister of health, Florian Bodog, says the government is looking to change the clawback tax, which has attracted criticism from the pharma industry in the past years. The tax had been rolled out in…more »

Roche Romania seeks clarification for higher clawback tax

Legal May 10, 2017 12:18 0 comments

Drugs maker Roche Romania says that the value of the clawback tax has climbed “inexplicably” in the first quarter of this year to 19.86 percent compared to the end of last year, although the market…more »

Clawback tax reaches unsustainable level for generic drugs, warns APMGR

Pharma May 03, 2017 16:00 0 comments

The clawback tax went up again in the first quarter of this year to an unsustainable level for generic drugs, says the Association of Generic Medical Drugs from Romania (APMGR), asking for a differentiated clawback…more »