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 2009, in a bid to bring more money to the healthcare budget during the crisis period. Authorities had said that…
The medical device sector is one of the most complex and challenging business segments of the healthcare industry with close collaboration between science and engineering. The main objective of the regulatory harmonization is to improve the efficiency of national economies and their ability to adopt to change and remain competitive. Due to the Medical Device…
Kelun-Kazpharm, located in outskirt of Almaty, Kazakhstan, is a Sino-Kazakh pharmaceutical joint venture controlled by a Chinese private company. Since put into operation in July 2014, the venture has not only boosted Kazakhstan’s pharmaceutical industry, but also brought win-win prosperity to Central Asia at large. As a production plant of Sichuan-based Kelun Pharmaceutical, it has…
In terms of accessibility and compensation of new and effective medicine, Latvia is on the last place among EU member states, according to Patients W.A.I.T. Indicator published by European Federation of Pharmaceutical Industries and Associations at the end of April. According to the study, patients’ accessibility and state compensation for new medicine in Europe varies…
French companies expressed interest in investing in Armenia’s pharmaceutical and food industries, Minister of Economic Development and Investments Suren Karayan told journalists after a regular Cabinet session today. He said meetings were held with potential French investors during President Sargsyan’s visit to France earlier this month. “I would not like to go into the details,…
The Parliament in Poland has been considering new restrictions on the country’s pharmaceutical industry, placing strict limits on who can receive a license to operate a pharmacy, how many pharmacies can be operated by one proprietor, the allowable distance between planned pharmacies and ones already in operation, and other burdensome regulations. KoLiber Association, an Atlas…
We would like to extend a very big thank you to everyone who attended this year’s Global Pharmaceutical Regulatory Affairs Summit. In the heart of Berlin, industry experts gathered to discuss the latest global regulatory updates for regulatory affairs, eSubmissions and labelling.
The Baltics’ major medical exhibition Medbaltica brings together a variety of healthcare professionals, professional associations and manufacturers of medical products from Latvia and other countries. The exhibition marks the development of the healthcare industry as a whole, delivers current news and provides an opportunity to meet serious and reliable industry players. Read more
Ascendis Health Limited CEO Karsten Wellner South African over-the-counter (OTC) healthcare products maker Ascendis Health Limited said on Wednesday it plans to acquire Romanian alternative medicine products distributor Sun Wave Pharma for 42.5 million euro ($47.7 million). The business will be acquired with a maximum deferred payment of 23 million euro over three years based…
BMI View: Azerbaijan’s healthcare sector is at an inflection point as it attempts to reform the financing model away from a state-run system to a compulsory healthcare insurance model. Highlighting ongoing challenges for drugmakers operating in Azerbaijan, i n the short term, the country ‘s population will continue to be plagued with poor access ibility…