The Competition Council has fined pharmaceutical company Boehringer Ingelheim RCV Gmbh & Co KG (Austria) with 128.470 million RON (25.81 million euros) for abuse of a dominant position on the Romanian market of medicines intended for the treatment of chronic obstructive pulmonary disease (COPD), according to a press release.The competition authority found that, over 2017-2021, Boehringer Ingelheim RCV Gmbh & Co KG limited market access to the generic medicine Spiriva (cheaper) and directed patients to Spiolto Respimat, an innovative, more complex and more expensive medicine.According to the Therapeutic Guide in force at that time and the national protocol, not all patients affected by COPD have a more complex medicine as their first treatment option (dual therapy), some of them having the medicine Spiriva and implicitly its generic versions (monotherapy) as their initial indication.Boehringer Ingelheim RCV Gmbh & Co KG has carried out an intensive communication and promotion strategy to influence doctors' decisions so that they will prescribe the drug Spiolto Respimat more widely.In this way, the company intended to make it more difficult to sell competing generic drugs similar to Spiriva and to direct the revenues generated by this product to the new drug Spiolto Respimat.Both drugs are reimbursed 50% by the Health Insurance House, the difference being paid by patients.The clues that were the basis for triggering the investigation also included information received on the Competition Whistleblower Platform, a tool through which violations of the Competition Law can be brought to the attention of the authority, anonymously. The platform can be accessed at https://report.whistleb.com/ro/consiliulconcurentei.
Romanian prime minister Ilie Bolojan stated during an interview on Wednesday, December 17, that there should be no statute of limitations in cases of serious corruption. The statement comes after a Recorder investigation, which showed that several heads of the major institutions in the Romanian justice system allegedly delayed trials for years until wrongdoings were […]
President Nicușor Dan has challenged, before the Constitutional Court (CCR), the constitutionality of the law that requires that at least 40% of the athletes who play on a team in official national competitions be Romanian. Dan noted that the law violates the principle of non-discrimination and the free movement of workers, enshrined both in the […]
Craiova International Airport will open its new passenger terminal on Thursday, December 18, completing a major infrastructure investment aimed at significantly expanding capacity and improving air connectivity in southwestern Romania. It is part of a broader expansion and modernization project financed through the Large Infrastructure Operational Programme (POIM) 2014–2020, with a total value exceeding EUR […]
Romania is set to be connected to the Western European energy network thanks to grid investments worth EUR 30 billion. The funds will be provided by the EU by 2035, and the project will link Romania to Hungary and Austria in a joint project. Romanian energy minister Bogdan Ivan signaled the signing of the new […]
Franck Bagouet has been appointed managing director of TotalEnergies Marketing Romania SA and managing director of Automotive Southeast Europe Hub TotalEnergies Marketing. He succeeds Didier Grimault, who has accepted a new position within the TotalEnergies company. “I am glad to join this dynamic affiliate and confident that, together with our talented team, we will reinforce […]
Databricks, the data analytics and artificial intelligence company co-founded by Romanian professors Ion Stoica and Matei Zaharia, announced on Tuesday, December 16, that it is raising USD 4 billion in funding at a valuation of USD 134 billion, according to CNBC. The new valuation represents a 34% increase compared to the August round, when Databricks […]
