Industry Developments

Finnish wholesaler Tamro has acquired Polish wholesaler Farmplus from UK medical product firm Mediplus. Separately, Tamro has increased its stake in Russian wholesaler Rosta from... 2006-03-28

The Russian pharmaceutical market displayed stronger-than-expected expansion and grew by more than 30% in 2005, making it the fastest growing market ahead of Brazil and China. Pharmaceutical... 2006-03-28

French drug major Sanofi-Aventis has bought a 24.9% stake in Czech generic firm Zentiva for EUR430mn (US$517mn) to further penetrate markets in Eastern and Central

The Hungarian National Institute of Pharmacy - the OGYI - has approved the world's first vaccine against the H5N1 strain of avian

The Czech Republic and the Mayo Clinic in Minnesota, the US, have established a clinical research centre that will strengthen European/US R&D efforts. The International Clinical... 2006-03-24

Spending on pharmaceuticals in the Czech Republic grew by more than 13% to a record CZK64.6bn (US$2.7bn) in 2005, according to the State Institute for Drug Control

Three wholesalers and two investment funds are on the shortlist to acquire Euro Apteka - one of Poland's largest pharmacy chains. According to Puls Biznesu, nine companies submitted... 2006-03-23

One of largest pharmacy chains in Lithuania - Gintarine Vaistine - has received authorisation from the state competition council to acquire 100% of another local chain, Saurimeda.... 2006-03-21

The newly appointed Greek health minister has unveiled a plan to reform the country's "shameful and unacceptable" healthcare system over the next two

Polish drug maker Polfa Tarchomin is planing to capture 3% of the PLN500mn (US$156mn) Polish insulin market this year, despite the dominance of the multinationals Novo Nordisk and... 2006-03-16