Richterʼs Romanian subsidiary re-obtains license to operate

Pharma

Image by LaMography/Móni Lázár

Hungarian pharmaceutical company Gedeon Richter announced Wednesday that, with effect from September 18, the Romanian National Agency for Medicines and Medical Devices has once again granted a license to operate to Pharmafarm SA, Richter’s wholesale subsidiary in the country. 

(Photo by LaMography)

The Budapest Business Journal reported about Pharmafarm losing its license to operate this summer. The Romanian authorities revoked the license on June 21, in a response to what it ruled was a breach of good distribution practice.

In a press release issued today, Richter says that most of the companyʼs warehousing facilities have already re-obtained their licenses.

Pharmafarm (including six regional warehouses) was acquired by Richter in 2007. As of the end of 2017, it employed more than 500 people.

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