Industry Developments

With Russia and India two of the fastest growing economies in the world, a recent economic forum between the two has focused on increasing bilateral trade in the pharmaceutical sector.... 2008-02-12

It looks as if 2008 will be an interesting year for the leading drugmakers in Romania after a slew of management changes in 2007. In total, five companies changed their managers,... 2008-02-11

Central and Eastern Europe (CEE)'s US$11.7bn generic drug market offers numerous opportunities for drugmakers but also significant risks. Increasing numbers of people in the less... 2008-02-11

Belupo, Croatia's second largest drugmaker, has announced that it is to merge with Bosnian wholesaler Farmavita as it looks to strengthen its position in the Balkans and diversify... 2008-02-08

Russia's Ministry of Industry and Energy is looking to push through a new development strategy that would help protect the Russian pharmaceutical industry from foreign competition.... 2008-02-06

Out of the 27 EU members, 11 are in Central and Eastern Europe. Of this total, only two have so far adopted the euro - Greece and Slovenia - due to problems over breaching the maximum... 2008-01-31

The Kazakh Ministry of Health has announced that it is to introduce a fixed average drug price for outpatient treatment as it seeks to improve the efficiency of the health system.... 2008-01-30

Poland's two leading domestic drug distributors Polish Pharmaceutical Group (PGF) and Farmacol are preparing to battle it out for state-owned wholesaler Cefarm Bialystock, which... 2008-01-29

A number of private Slovak health insurers are planning lawsuits against the government after new laws banned them from retaining profits came info effect in January 1 2008.

Government attempts to encourage generic drugs are being hampered by a reluctance among doctors to prescribe these products, even when requested by patients to do so. A recent report... 2008-01-25