Egis awarded 2011 Hungarian Innovation Prize

Initiatives

Drugmaker Egis was awarded the 2011 Hungarian Innovation Prize in Parliament on Friday for its antithrombotic Egitromb.

The Hungarian Innovation Foundation invited applications for the prize for the 20th time last year.

Egis introduced Egitromb in 17 countries in 2009. Sales of the drug generated HUF 3.6 billion for the company by the end of 2011.

Sale of the drug in Hungary came to HUF 993 million during the period. The National Health Insurance Fund saved HUF 478 million on the sales compared to alternative drugs.

The National Economy Ministry awarded the 2011 Industrial Innovation Prize to Meta-MPI for its Metapay Festival Card.

The Rural Development Ministry's Environmental Protection Innovation Prize and the Industrial Development Foundation's Organizational Innovation Prize went to sewage treatment company Budapesti Szennyvíztisztítási.

The Rural Development Ministry presented the Agriculture Innovation Prize to Agro Legato for a milking system.

The National Intellectual Property Office's 2011 Innovation prize went to Femtonics for development of two-photon two- and three-dimensional microscope technology.

The Hungarian Chamber of Commerce and Trade's 2011 Innovation Prize went to chemicals company TVK for a polypropylene product.

ADVERTISEMENT

EBRD Sees Hungary GDP Growth Slowing to 1.5% in 2023 Analysis

EBRD Sees Hungary GDP Growth Slowing to 1.5% in 2023

Horthy Statue to be Unveiled in Parliament Parliament

Horthy Statue to be Unveiled in Parliament

UPS Appoints Regional Director Appointments

UPS Appoints Regional Director

Completion of Metro Line M3 Renovation Delayed City

Completion of Metro Line M3 Renovation Delayed

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.