Tag: richter

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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... 

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... 

Hungary Richter signs license and supply deal

February 4, 2019, 8:12 am
Gedeon Richter, Hungary’s leading pharmaceutical producer, has announced on Monday that it has inked a license and supply deal with Pantarhei Bioscience BV to commercialise the Dutch company’s... 

ANALYST VIEW - Jefferies ups targert price for Hungary's Richter

November 30, 2018, 8:57 am
Jefferies has raised its target price for Richter, Hungary’s leading pharmaceutical producer. Jefferies has raised its target price for Richter to HUF 5,520 per share from HUF 5,470 previously.... 

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 Richter seen reporting drop in Q3 profits

November 7, 2018, 5:21 pm
Gedeon Richter, Hungary’s leading pharmaceutical producer, is to release its earnings report for the third quarter of 2018 early on Thursday. Analysts polled by Portfolio are split over the company’s... 

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... 

ANALYST VIEW - New target price for Hungary's Richter: HUF 6,000

August 23, 2018, 8:42 am
J.P. Morgan has slashed its target price for Hungary’s Richter to HUF 6,000 per share from HUF 6,970 previously, and it has also downgraded the pharma stock to ‘Neutral’ from ‘Overweight’.... 
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