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Is Romania’s pharmaceutical worry an epidemic or pandemic?

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Romania'spharmaceutical market distribution prices increased by 3.6% y/y to EUR 691.9mn in Q1/2013. The market edged up a mere 0.6% q/q in the quarter following difficulties stemming from regulatory and legislative constraints and not weak demand.   Prospects for the full-year pharmaceutical sales remain moderate. Market projections expect 1.4% y/y advance in local currency, while in EUR and USD terms the sales could even decline, depending on the evolution of the exchange rate. Read...

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