Industry Developments

The Polish Ministry of Health's goal of demonopolising the National Health Fund (NFZ) looks to have taken a step forward after the Ministry began an interdepartmental consultation... 2008-08-22

The Russian Industry and Trade Ministry's new draft strategy for the development of the national pharmaceutical industry to 2020 shows a clear focus on developing the local industry... 2008-08-20

The Bulgarian government's plans to introduce private insurance funds to the healthcare system appear to be flawed, with the World Bank and the medical community criticising the plans... 2008-08-19

Poland's leading domestic drugmaker, Polpharma, is to buy a 33.3% stake in Bioton for an initial PLN450mn (US$198.9mn), the biotechnology company said on August 15 2008. The deal... 2008-08-19

Russian drugmaker Veropharm is set for another year of record sales after posting sales of US$86.5mn in H108, up 45.4% year-on-year (y-o-y). Driven by a thriving local market and... 2008-08-15

Hungary's Egis - like domestic rival Gedeon Richter - is having to deal with external pressures on both the domestic and foreign fronts in 2008, as sales for Q208 (FYQ3) dropped 5%... 2008-08-14

Poland's Treasury Ministry appears confident that the privatisation of 740 state-owned companies will be completed by 2011, despite the recent announcement that expectations for 2008... 2008-08-13

Considered by many industry observers - BMI included - as one of the highest potential pharmaceutical markets for drugmakers over the next five years, Turkey is attracting a multitude... 2008-08-12

US pharmaceutical giant Pfizer is looking to build a new R&D centre in Central and Eastern Europe (CEE), with Hungary one of the key contenders. According to the head of Pfizer's... 2008-08-05

New legislation limiting the ownership of pharmacies to four per person or company was adopted in Bulgaria on July 31 2008, after its second reading in parliament. The new rules also... 2008-08-04