Pharma

Pfizer’s 10,000 job cuts may prompt Glaxo, Sanofi to follow

Pfizer Inc.'s plan to eliminate 10,000 jobs, or 10% of its workforce, may ripple through the pharmaceutical industry and prompt...

Pharma

Hewlett-Packard to open lab in St. Petersburg, Russia

Hewlett-Packard Co., inventor of thermal-inkjet printing and the handheld scientific calculator, plans to open a research lab in Russia to...

Pharma

Yukos shares jump on report of $33 bln valuation

Shares of OAO Yukos Oil Co. Jumped after a newspaper said the bankrupt Russian energy producer's assets are worth $33...

Pharma

Meinl Land to raise up to €1.5 bln in share sale

Meinl European Land Ltd., an Austrian company that bought four shopping malls in Moscow last year, plans to raise as...

Pharma

Hankook Tire 2006 profit falls on materials, won

Hankook Tire Co., South Korea's biggest tiremaker, posted a 22% fall in full-year profit on higher materials costs and a...

Pharma

Aegon forms pensions venture with Romania’s Banca Transilvania

Aegon NV, the second-largest Dutch insurer, and Banca Transilvania SA agreed to form a pensions joint venture in Romania....

Pharma

Power company workers call strike to protest scrapped discounts

Trade unions representing electric power industry workers agreed on Wednesday to call a strike over government plans to eliminate a...

Pharma

Malév losses even bigger than expected, says suitor

The losses of state-owned Hungarian airline Malév turn out to be even bigger than revealed at the start of privatization...

Pharma

European governments should cut deficits, IMF’s De Rato says

European governments must reduce budget deficits and encourage competition if the continent is to close the economic gap with the...

Pharma

Volkswagen’s Skoda 2006 sales hit record on Octavia

Skoda Auto AS, the Czech unit of Volkswagen AG, sold a record number of cars in 2006 on strong performance...

Pharma

Sykes revenue in Hungary rises 11% in 2006

The Hungarian unit of Sykes, a US-based company which runs call centers for other businesses, had revenue of Ft 2.9...

Pharma

Anker Hungária to build new factory

Baked goods company Anker Hungária Kft will build a new factory to produce bread and frozen and semi-finished bakery products,...

Pharma

DNV Hungary revenue grows 10% in 2006

The Hungarian unit of Det Norske Veritas (DNV), a Norwegian certification consulting company, recorded a 10% revenue rise in 2006,...

Pharma

Office Depot to open 10 new stores in Hungary in 2007

Office Depot Hungary Kft, the Hungarian unit of US office-supply company Office Depot, is planning to open 10 new stores...

Pharma

Richter employee option program brings new shares to the market

Gedeon Richter Nyrt, eastern Europe's biggest drugmaker, said 65,560 new shares may enter the market after the expiration of a...

Pharma

Hungary Expands Drug Reimbursement After 2.5-Year Gap

Hungary has added 83 new active-substance and indication entries to its publicly funded medicine system, ending what the Association of...

Pharma

Genomate Builds U.S. Precision Oncology Platform Around Hungarian Research

Boston-based pharma firm Genomate is expanding its precision oncology business in the U.S. after combining its operations with Oncompass Medicine,...

Pharma

MSD Looking to Support Government’s Open Health Sector Approach

For public health in Hungary, the appointment of a dedicated Minister of Health for the first time in 16 years...

Pharma

Goodwill Pharma Reports Record Revenue, Sets out Regional Expansion Plan

Goodwill Pharma Nyrt. reported consolidated net revenue of nearly HUF 23 billion for 2025, representing a 30% increase from the...

Pharma

One Step Into the Future: How Personalized Therapies are Redefining Modern Medicine

Although medicine has always been centered on the effective treatment of disease and improving patients’ health, physicians have traditionally relied...

Pharma

The Next Steps in the Pharmaceutical Market

Hungary’s pharmaceutical supply system operates on stable foundations, but a potential shift in business models, digitalization and patient-centered services will...

Pharma

STI Hungary Acquisition Takes Local Pharma Logistics Know-how Into Wider Network

STI Hungary’s acquisition of the Complex Thermo System business line of Complex 3H Kft. brings a Hungarian-developed specialist pharma logistics...

Pharma

From Treatment to Prevention: Why Hungary Needs a New Generation of Health Strategies

Hungary has an opportunity to strengthen the sustainability of its healthcare system through coordinated health strategies, says Konrád Keresztes, health...

Pharma

AIPM Warns Hungary Risks Falling Behind in Access to New Medicines

Hungarian patients could face slower, more unequal access to the newest medicines or even lose it altogether unless the country...

Pharma

Lilly Marks 35 Years in Hungary, 150 Years Globally

With healthcare systems around the world facing growing pressure from chronic diseases, aging populations, and increasing demand for innovation, meaningful...

Pharma

Phoenix Pharma Opens HUF 8 bln Logistics Center in Győr

Phoenix Pharma Zrt. has opened one of Hungary’s most modern pharmaceutical logistics centers in Győr, following an HUF 8 billion...

Pharma

PHOENIX Marks 3 Decades of Contributions to the Hungarian Pharmaceutical Supply System

PHOENIX Pharma Zrt. is one of Hungary’s leading pharmaceutical wholesalers, acting as a key partner to both manufacturers and healthcare...

Pharma

OKPI, Roche Hungary Form Strategic Alliance for the Future of Healthcare

The National Korányi Institute of Pulmonology (OKPI) and Roche Magyarország Kft. have formally signed a strategic cooperation agreement, committing the...

Pharma

AI, Logistics and the Shifting Future of Drug Distribution in Hungary

Ultra-cold storage units, volatile supply chains and the growing weight of artificial intelligence are reshaping how medicines move from manufacturers...