Industry Developments

Frustrated at the lack of opportunities in its home market, Slovenian firm Krka is planning a concerted promotional campaign in Romania ahead of EU accession next year, which is expected... 2006-09-28

Potentially lessening the chances of a global influenza pandemic, a Russian research institute has successfully tested six human vaccines against the H5N1 bird flu virus. Researchers... 2006-09-26

Signifying a maturing market, Russia's Federal Oversight Service for Healthcare and Social Development (Roszdravnadzor) has asked pharmaceutical industry associations for their input... 2006-09-25

Highlighting the emerging importance of the Romanian pharmaceutical market, the Authority for State Asset Resolution has received 15 letters of interest for the privatisation of domestic... 2006-09-25

In effort to control the country's growing HIV/AIDS epidemic, UK firm GlaxoSmithKline (GSK) has entered into a deal with the Russian government to supply three of its antiretroviral... 2006-09-18

Demonstrating commitment to expanding beyond its saturated domestic market, Polish biotechnology firm Bioton is planning to capture a sizeable share of the Russian insulin market... 2006-09-15

Leading Russian drug retailer Pharmacy Chain 36.6 has revealed that it has acquired 162 pharmacies in the third quarter, bringing it total portfolio to 744 outlets. Only in H106,... 2006-09-15

Fuelled by a considerable funds and demonstrating unbridled ambition, A&D Pharma - Romania's largest pharmaceutical distributor and retailer - is aiming to increase its already... 2006-09-14

Signalling the maturation of the Ukraine's healthcare sector, Indian firm Venus Remedies is to supply the country with a bulk consignment of modern anticancer agents. The deal will... 2006-09-12

Portending more foreign direct investment in Hungary and boosting the local economy, UK firm GlaxoSmithKline (GSK) Biologicals is to build a EUR100mn (US$128mn) vaccine production... 2006-09-07