Pharma

Pharma

Govʼt streamlines licensing procedure for COVID-19 vaccines

Hungaryʼs government streamlined the licensing procedure for COVID-19 medicines and vaccines from countries outside of the European Economic Area in...

Pharma

Financial loss constrains Richter Q3 profit growth

Hungarian pharmaceutical company Gedeon Richterʼs third-quarter net income edged up 2% year-on-year to HUF 22.6 billion, well under revenue growth...

Pharma

Hungary to get COVID-19 vaccine from Russia

Russia will start small-scale deliveries of a COVID-19 vaccine to Hungary in December, Minister of Foreign Affairs and Trade Péter...

Pharma

On top of EU advance order, Hungary weighs Russian, Chinese vaccines

Hungary has an advance order from European Union programs for 6.5 million doses of COVID-19 vaccine, but it is also...

Pharma

Richter inaugurates 3,500 sqm office complex in Debrecen

Pharmaceutical company Gedeon Richter inaugurated a 3,500 sqm office complex in Debrecen (225 km east of Budapest) yesterday, writes origo.hu....

Pharma

Hungarian state transfers Richter shares to Corvinus foundation

The stake of the Hungarian state, as represented by the Hungarian National Asset Management Zrt., in Gedeon Richter Nyrt. decreased...

Pharma

Higher sales, lower marketing costs boost Richter earnings

Hungarian pharmaceutical company Gedeon Richterʼs second-quarter net income climbed 80% year-on-year to HUF 31.5 billion, lifted by higher revenue, improved...

Pharma

Global Sales Help Richter Ride out Impact of Pandemic

It might come as a surprise to the average Hungarian, but in far off Siberia, more than 6,000 km east...

Pharma

Serbian unit of Bulgaria’s Sopharma to build logistics facility

Serbia-based Sopharma Trading Beograd, controlled by Bulgarian drug maker Sopharma AD, plans to build a logistics facility for the storage...

Pharma

Sensirion announces new production site in Hungary

Swiss sensor technology company Sensirion will establish a new production site in Debrecen (about 194 km east of Budapest) to...

Pharma

Govʼt aids MOL, Audi, Szeged uni R&D partnership with HUF 4 bln

The government is supporting a research partnership between oil and gas company MOL, the local unit of German carmaker Audi...

Pharma

Gov’t building MotoGP racetrack outside Hajdúnánás for HUF 65 bln

The government is building a modern, multifunctional, economically viable racetrack on the outskirts of Hajdúnánás (215 km northeast of Budapest),...

Pharma

Praktiker turnover climbs 18% in 2019

Sales of do-it-yourself chain Praktiker rose 18% to HUF 67.8 billion last year, the company said on Monday, according to...

Pharma

GalCap acquires Rumbach Center for German pension fund

GalCap Europe, a real estate asset and investment manager specializing in Austria and Central Europe, has acquired Rumbach Center in...

Pharma

5% of landlords offered rent discounts

The epidemic shocked the rental market, which not only caused rents to fall, but landlords also provided extraordinary discounts to...

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

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

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

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

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

Business Innovation Becoming an Ethical Issue in the Pharmaceutical Industry

The pharmaceutical market has always operated in a complex and constantly evolving industry environment, but recent developments have noticeably accelerated...

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...

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,...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

Business Innovation Becoming an Ethical Issue in the Pharmaceutical Industry

The pharmaceutical market has always operated in a complex and constantly evolving industry environment, but recent developments have noticeably accelerated...