The Serbian economy ministry launched a tender process for the sale of 25% of state-controlled pharmaceutical giant Galenika on April 4, setting the starting price at just €7mn. Galenika was originally listed as one of 502 public companies supposed to be privatised by the end of 2015. However, it was among 17 companies of strategic…
Foreign companies show interest in projects to develop Belarus’ pharmaceutical industry, Head of the Belarus President Administration Alexander Kosinets said during his working visit to Vitebsk Oblast on 19 March, BelTA has learned. The official paid a visit to the veterinary drugs company BelVitunifarm to discuss the progress in the implementation of an investment project…
Latvian pharmaceutical company Solepharm has launched exports to Albania, LETA learned from the company. Solepharm plans to export three of its original products to Albania – Olefar DUO Oil Spray, Artroveron 5 in 1 with Omega, and Pregnafar. Negotiations on cooperation with Albania were launched in 2014, but in October 2015, during an annual pharmacy…
Estonian annual drug statistics is based on wholesalers’ reports. The statistics of human medicinal products includes sales to general and hospital pharmacies and to other institutions, i.e. state and scientific institutions. Wholesalers In January 2016 there were 60 wholesalers in Estonia and six of them were specialized only on veterinary medicines. 2012 2013 2014 2015…
Pharma company Lek, owned by Swiss multinational Novartis, has expanded its facility in Mengeš, just north of Ljubljana Slovenia, in a project worth EUR 10m. The investment will create an additional 100 new jobs. The project included the construction of cutting-edge new laboratories for development of biopharmaceutical products, quality control and technical development of biophramaceuticals.…
Ministry of Health published a public call for hospitals on Tuesday, October 2015 to submit their project proposals for investments in day clinics and day surgeries where patients will be able to receive better diagnostic services and be treated using most recent methods. Projects will be financed from a 625,3 million kuna budget which is…
2015 was a good year for innovation in medicine in both the EU and the US, according to data published on Monday (4 January). The European Medicines Agency (EMA) recommended 93 new products, including generics, up from 82 in 2014. Across the Atlantic, the Food and Drug Administration (FDA) approved 45 novel drugs, four more…
PHARM Connect Congress is the largest and most important pharmaceutical and biotechnology business summit in the Central Eastern European and the CIS region, taking place annually in February, in Budapest, Hungary. Since the event’s launch in 2011, the number of participants has reached more than 500 from over 20 countries in the region and beyond.…