Romanian Society of Pharmaceutical Sciences

« Back to Farmacia Journal 3/2012

THE EVOLUTION OF THE ROMANIAN PHARMACEUTICAL MARKET THROUGHOUT THE LAST GREAT RECESSION

V.L. PURCĂREA1*, ALEXANDRA BOLOCAN2, D.N. PĂDURARU2

1“Carol Davila” University of Medicine and Pharmacy, Medical Informatics and Biostatistics Department
2“Carol Davila” University of Medicine and Pharmacy, General Surgery Department

Download Full Article PDF

As the whole world economy was affected lately by the financial crisis, it was clear that the Romanian pharmaceutical market could not have remained untouched. Even so, this segment of the market is still slowly growing. Manufacturers are facing great challenges imposed by the often harsh changes in legislation and pharmacies themselves need to constantly adapt to the amendments made to prescription drugs. Large pharmaceutical chains have sometimes flourished in this environment, but some small independent pharmacies vanished. The Pharmacy Law brought about a much needed regulatory framework in the field, even though certain amendments have had to be made.