MedLife has initiated the acquisition of a majority stake of 55 percent of the shares in SAMA Health Care Center and Ultratest group, headquartered in Craiova, one of the major medical operators in the Oltenia region....more »

Estimated at about half a billion euros in 2013, the private medical services market has continued its development this year, though less accelerated, marked by significant investments among the major players that have carried on with their exp...more »

Baneasa Hospital, part of Regina Maria private health care network, has achieved Joint Commission International accreditation, recognizing its practices in quality and patient safety, being the first Romanian medical institution certified by the global leader in international health care accreditation....more »

MedLife’s turnover in the first half of the year amounted to 38.3 million euro, an advance by 12 percent compared to the same period of 2013. The growth rate of the medical services operator outpaced the average rate in the market which was about 8-9 percent, MedLife expecting to exceed, for the first time, 2.5 million patients in 2014....more »

The domestic pharmaceutical market could see a drop by up to 1.5 percent this year, said Petru Craciun, CEO Cegedim Romania, during a ZF pharma-related conference. He also explained that a possible improvement so as the market moves on an uptrend next year is subject to how generous is the list of subsidized drugs, otherwise, the decline will continue....more »

Services provided by the private medical operator Gral Medical have generated increasing revenues in the first half of this year, in spite of a rather stagnating domestic market, the company announces. Proceeds from medical services came to some 11.4 million euro (47 million lei), an 18 percent advance compared to the similar period in 2013, exceeding initial estimations....more »

The global healthcare company GlaxoSmithKline will be closing the production facility in Brasov on not succeeding its sale as expected, so its operations will be transferred to Poland and Spain by the end of 2015 when the production is foreseen to be fully stopped. The decision affecting 236 employees who will lose their jobs has been taken after ten months since GSK announced that the Europharm plant will be left outside its global production network of solid oral products....more »

Sales volumes of drugs have declined in the first quarter of the year, the Romanian market recording sales worth nearly 669 million euro (based on distribution price), down 4 percent compared to the same period in 2013, according to research company Cegedim, informs Mediafax. The drop was lower considering the lei currency – 1.5 percent to 3 billion lei....more »

The medical services operator announces the opening in Galati of the tenth hyperclinic in its portfolio which is also the first one in the South East region in Romania. An investment worth 800.000 euro, the new unit with a surface of 1.000 sqm includes 16 surgeries where patients can benefit from a wide range of medical services....more »

Dona pharmacy network has started a rebranding process that will be implemented over the coming 4-5 years and for which assigned a budget of 15 million euro. Apart from the 240 units across the country which will be redecorated and improved, its...more »