Hungary

Hungarian drugmaker Richter has acquired Romanian pharmaceutical retail and wholesale group Pharmafarm for an undisclosed fee. BMI believes the move should fulfil two fundamental... 2007-10-15

Hungarian drugmaker Egis is showing strong growth in the export sector, with overseas sales expanding 12.8% in Q207 compared to the same period in 2006. Domestic performance has... 2007-08-13

The Hungarian government is looking to introduce mobile pharmacies help support traditional outlets in under-served areas. The mobile pharmacy units will be positioned near outpatient... 2007-07-25

Due to challenging operating conditions in their domestic market, Hungarian drugmakers Gedeon Richter and Egis have both increased their overseas presence to ensure sustained growth.... 2007-07-12

Gedeon Richter, the Hungarian pharmaceutical manufacturer, reported its Q1 2007 profit fell by 48.8% compared to the same period last year. Unfavourable changes in the domestic environment... 2007-05-11

Along with all multinationals, UK-based GlaxoSmithKline (GSK) is expecting to post significantly lower sales in Hungary this year as the government pushes through its controversial... 2007-05-02

The sudden resignation of Hungary's minister of health, Lajos Molnár, in early April could indicate dissent within the ruling coalition. The timing could not be worse, in some ways,... 2007-04-25

Israeli drugmaker Teva Pharmaceutical Industries is seriously considering pulling out of a US$100mn biotechnology investment in Hungary because of the country's new drug subsidy framework.... 2007-02-28

Boosting the image of generic drugs in Central and Eastern Europe, Hungarian firm Richter Gedeon has won its alendronate patent infringement case against US multinational Merck &... 2007-02-21

BMI has upwardly revised its projections for the Hungarian over-the-counter (OTC) market after the Health Ministry released the list of medicines that are allowed to be sold outside... 2007-01-08