Tag: richter

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BlackRock stake in Hungary's Richter below 5%

August 22, 2019, 8:04 am
Gedeon Richter, Hungary’s leading pharmaceutical producer, has announced that BlackRock’s holding in the company decreased below the 5% threshold. Richter announced on Wednesday that according... 

Hungary Richter wonderdrug to be distributed in Asia

August 8, 2019, 9:12 am
Mitsubishi Tanabe Pharma Corporation's subsidiaries in the ASEAN region obtained the regulatory approval of cariprazine for the treatment of schizophrenia in Singapore and in Thailand, Richter announced... 

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... 

Richter, Hikma sign exclusive license agreement for Cariprazine

July 25, 2019, 9:50 am
Hungarian drug maker Richter signed an exclusive license and supply agreement with Hikma for the commercialisation of Cariprazine, a novel antipsychotic drug, in the Middle East and North Africa (MENA)... 

Hungarian fund managers have new top pick

July 5, 2019, 10:20 am
Leaving its all-time high behind, the general index of the Budapest Stock Exchange (BSE) dropped sharply in May. Although it made several attempts to make up for the loss in June, these pursuits fizzled... 

BlackRock voting right in Hungary's Richter under 5.0%

July 4, 2019, 5:35 pm
Gedeon Richter, Hungary’s leading drugs producer, has announced on Thursday that the voting rights of BlackRock relating to Richter shares dropped to under 5%. Richter announced on Thursday that... 

Good news for Richter, share price jumps

May 28, 2019, 2:29 pm
Gedeon Richter, Hungary’s leading drugs maker, and U.S.-based Allergan plc have announced on Tuesday that the U.S. Food and Drug Administration (FDA) has approved a supplemental New Drug Application... 

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... 

Hungarian fund managers divided over Mol

May 13, 2019, 3:37 pm
Benchmark stock indices rose on both sides of the Atlantic Ocean. The general index of the Budapest Stock Exchange (BSE) reached a new all-time high amidst the buoyant sentiment, although its momentum... 

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%... 

Corvinus University to be turned over to foundation

April 24, 2019, 11:42 am
The legal preparatory process of the model change at the Corvinus University of Budapest has reached the home straight. “I have signed the Memorandum of Association of the foundation and we will... 

Today is the big day for Hungary's Richter

April 24, 2019, 8:15 am
Gedeon Richter, Hungary’s leading drugs producer, is the last of the blue chips on the Budapest Stock Exchange (BSE) to hold its annual general meeting today. The most interesting items on the agenda... 

ANALYST VIEW - J.P. Morgan raises target price for Hungary's Richter

April 16, 2019, 8:09 am
J.P. Morgan has raised its target price for Hungary’s Richter, and its new recommendation is ‘overweight’. J.P. Morgan upgraded its rating for Richter to ‘overweight’ from... 

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... 

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... 

Reporting season to kick off in Hungary - What to expect?

February 6, 2019, 5:06 pm
The reporting season is in full swing around the world, and Hungary’s listed companies are also going to start releasing their earnings reports for October-December 2018 shortly. Richter will be... 
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