The Ministry of Health will finalise a law that would allow more innovative drugs on the Romanian Market. The new methodology for the reimbursement list will be introduced by July 1. Further changes will include a periodical review every 180 days to include more innovative drugs. This will end a six year stalemate when patients in Romania di [...]
Romanian: Government pays 2/3 of debt...
The Ministry of Health will finalise a law that would allow more innovative drugs on the Romanian Market. The new methodology for the reimbursement list will be introduced by July 1. Further changes will include a periodical review every 180 days to include more innovative drugs. This will end a six year stalemate when patients in Romania di [...]
Poland: 50 hospitals could be privati...
During a recent conference on the Polish healthcare market 2013 a local health expert, Zbigniew Wiatr, argued that about 50 hospitals will be privatised. These hospitals are typically owned by commercial companies will transform about 50 hospitals in Poland. They are mostly owned by local Marshal Offices that are responsible for healthcare in [...]
Poland: Bupa and PZU interested in Eu...
According to Polish news paper reports both the PZU group, a Polish insurance provider, and the British insurance giant Bupa are interested in acquiring EMC. EMC is listed on the Warsaw stock exchange and valued at around 38 million Euros (160 million zł.).
EMC currently operates 10 outpatient health centres and 5 hospitals in Poland. EMC has [...]
Poland: EuroMediCare (EMC) Interested...
EuroMediCare (EMC) is the only company that responded to a tender to purchase shares in the Public hospital in Tczew. The authorities initially only wanted to sell 49% of the shares and thus keep a blocking majority of 51%. However, as no bidder was found for this solution they are willing to sell up to 99% of the shares in the hospital. The [...]
Romania: Intensified collaboration wi...
According to a press release by the Ministry of Health visiting delegation of the World Bank are currently verifying the progress of various projects that will finish in March. the current project stage that ends in March, and to define the framework for future collaboration in health. The current project delivered important progress especia [...]
Latvia and Uzbekistan intensify colla...
The Latvian Minister of Health, Ingrīda Circene, met today with the Uzbek Ambassador to Latvia, Afzal Artikov, to discuss the possibility for further cooperation between the two countries in the health care field. This first meeting should be seen as an exploratory meeting to discuss further opportunities in the health sector. The Uzbek Ambas [...]
Estonia: The Pharmaceutical market in...
According to newest figures released by the Estonian Agency for Medicines, the Estonian pharmaceutical market showed increases in Q4/2013. In Q4/2012, human and veterinary medicinal products worth some 58.2 million Euros were sold. That is a 9% increase in total turnover, compared to the same quarter in previous years. Medications for humans [...]
Ukraine: The expected order of Implem...
Guest Post By Borys Danevych, Attorney-at-Law, Managing Partner Danevych
This update is provided based on:
Outcomes of the meeting of February 11, 2013 of the American Chamber of Commerce in Ukraine and Association of Pharmaceutical Research & Development with a Vice-prime-minister of Ukraine Mr. Kostyantyn Gryshchenko (the Vice-prime [...]
Ukraine: Additional Import Barriers f...
A new law, which will become valid starting from March 1st 2013 will oblige all importers of pharmaceuticals to obtain additional licenses in order to operate. of medicines will have to obtain a license to operate. Since there is only very little time to fill out the documents and apply for those new licenses patient organizations fear that i [...]
Germany: French Nursing Home Operator...
The French nursing home operator Korian intensified its efforts in acquiring the German long term care home provider Curanum. Curanum is a public listed company (BHS) but more than 50% of its shares are hold by institutional investors. Curanum’s market capitalization amounts to 105 Million Euros. Korian offers to pay 2.5 Euros per share [...]
