Antibiotice Iaşi, one of the biggest local drug producers,controlled by the Health Ministry, plans to launch around 80products in 2010-2012. Ioan Nani, the company's general manager,says these launches could double the company's turnover over thenext two or three years. Between 2007-2008 the company's businessfell by 4.3% at a time when the pharmaceutical market rose by anannual 10-15%.
Antibiotice announced the most aggressive product launch plan,while the remaining local producers plan to bring 10-20 drugs ontothe market per year. The launches of local producers are importantbecause prices are low compared with those of imported drugs, withthe authorities seeking to encourage consumption of inexpensivedrugs.
"The company intends to work on these 80 filings over the next twoyears, but there will be a prioritisation based on the company'sadvertising capacity and on the capacity of ANM (The National DrugsAgency), which authorises the selling of drugs i.e.), which will beunder pressure. Provided that we launch all these products, ourturnover could reach 120 million euros over the next two or threeyears," said Ioan Nani, general manager of Antibiotice Iaşi.
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