Tag: pharmaceutical

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Hungarian drugmaker Richter projects slight growth in sales this year

August 6, 2019, 1:35 pm
The management of pharmaceutical company Richter expects revenue from pharmaceutical sales to increase 2 to 3% this year and group-level revenues to increase by 5 to 6%, the company said on Tuesday at... 

Vraylar sales in U.S. boost Richter Q2 result

August 6, 2019, 10:48 am
Hungarian pharmaceutical company Richter Gedeon has exceeded market expectations in the second quarter with regard to revenue and gross margin. The company's flagship drug, Vraylar, performed well in the... 

Richter expected to post higher revenue, lower profit in Q2

August 5, 2019, 1:53 pm
Hungarian pharmaeutical company Richter Gedeon will release its earnings report Tuesday morning. According to Portfolio's own consensus, analysts unanimously anticipate increased revenue, while net profit... 

Drug makers could pay Hungary central budget HUF 100 bn in 2020

June 18, 2019, 9:59 am
Increasing the budget of the drug fund is required but not sufficient in order to improve our position relative to other Visegrád countries, Péter Holchacker, director of the Association of Innovative... 

Hungary's Richter inks exclusive license deal for Australia, New Zealand

May 24, 2019, 8:06 am
Gedeon Richter, Hungary’s leading drugs producer, has signed an exclusive license agreement with Seqirus Pty Ltd to commercialise cariprazine in Australia and New Zealand. Richter to supply cariprazine... 

Hungary Richter profit leaps in the first quarter of 2019

May 10, 2019, 10:00 am
Gedeon Richter, Hungary’s leading drugs producer, beat the consensus estimates of analysts polled by Portfolio both in terms of revenues and gross profit in the first quarter of 2019. As for the... 

Hungary's Richter to report impressive profit growth for Q1

May 8, 2019, 5:01 pm
Gedeon Richter, Hungary’s leading drug maker, is set to release its earnings report for the first quarter of 2019 early on Friday. The median forecast of analysts polled by Portfolio shows a 5.5%... 

Hungary's Richter buys minority stake in U.S. company

March 27, 2019, 8:09 am
Gedeon Richter Plc., Hungary’s leading pharmaceutical producer, has announced on Wednesday that it underwrote convertible notes issued by Prima-Temp Inc. for a consideration of 5 million US dollars.... 

Hungary Richter to pay HUF 100 dividend per share

March 22, 2019, 9:07 am
Gedeon Richter, Hungary’s leading pharmaceutical producer, is to hold its annual general meeting on 24 April 2019 (at 2 P.M.), according to the invitation to the AGM published on Friday. The Board... 

Homeopathy is ineffective, pharmacies need to inform buyers in Hungary

March 5, 2019, 9:24 am
As of mid-March, Hungary is implementing changes to the purchase of homeopathic products, the President of the Hungarian Chamber of Pharmacists (MGYK) told business daily Világgazdaság on Tuesday. Pharmacists... 

Hungary Richter quarterly profit plummets

February 7, 2019, 8:23 am
Beating the market’s call, revenues of Hungarian drugs maker Richter rose to a new quarterly high in October-December 2018, as both domestic and U.S. sales showed double-digit growth. Whereas Richter’s... 

Change in the executive management of Hungary's Richter

February 5, 2019, 8:31 am
Gedeon Richter, Hungary’s leading pharmaceutical producer, has announced on Tuesday that from 5 February, CEO Gábor Orbán will act as chief of technical services, until the appointment of a new technical... 

Egis expands is plant in Körmend Hungary

November 13, 2018, 5:06 pm
Hungarian drugs maker Egis is to spend nearly 8 billion forints (EUR 24.79 mn) on expanding its plant in Körmend (western Hungary) with a packaging unit. The upgrade will also make the facility capable... 

Hungary Richter reports double-digit drop in Q3 after-tax profit

November 8, 2018, 9:18 am
Gedeon Richter, Hungary’s leading pharmaceutical producer, has published lower-than-expected revenue and profit figures for the third quarter of 2018, as the results were hit by a decrease in Esmya... 

Hungary's Richter receives good news

September 19, 2018, 8:41 am
Gedeon Richter, Hungary’s leading pharmaceutical producer, has received good news, namely that its wholesaler subsidiary was granted the licence to operate again. Richter announced on Wednesday... 

Hungary's Richter to sell new drug in EU

September 18, 2018, 9:52 am
Richter, Hungary’s leading pharmaceutical producer, has announced on Tuesday that it has entered into a license and distribution agreement with L.D. Collins & Co. Limited to commercialize Cyclogest... 

Hungary Richter adds new item to product line

September 12, 2018, 9:41 am
Gedeon Richter, Hungary’s leading pharmaceutical producer, and Mithra Pharmaceuticals announced on Wednesday that they have entered into a license and supply agreement to commercialize Estelle... 

Hungary Richter seen reporting profit boom for Q2

August 1, 2018, 1:40 pm
Gedeon Richter, Hungary’s leading pharmaceutical producer, is set to release its earnings report for the second quarter of 2018 early on Thursday. Analysts are split mostly about the company’s... 

Hungary Richter buys intellectual property rights

July 10, 2018, 10:12 am
Gedeon Richter, Hungary’s leading pharmaceutical producer, has announced on Tuesday that it acquired for five million Swiss francs the intellectual property rights, relevant studies, related data... 

Romanian wholesaler of Hungary's Richter suspended

June 21, 2018, 2:07 pm
The Romanian National Agency for Medicines and Medical Devices (NAMMD) has suspended with effect from 21 June the licence to operate of Pharmafarm SA, the wholesale subsidiary of Hungary’s Gedeon... 
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