Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Biofarm increases production of paracetamol-based syrups for children...

Biofarm increases production of paracetamol-based syrups for children due to increased market demand

January 5, 2023

Biofarm (stock symbol BIO), one of the most important drug manufacturers in Romania, announces increased production of paracetamol-based medicines for the treatment of fever and pain in children to meet increased market demand. We are in the middle of the children's respiratory season and paracetamol-based medicines are very hard to find or are missing from pharmacies. Therefore, we have mobilised and decided to significantly increase production of Bioflu Baby, a paracetamol-based syrup for treating fever and pain in children. Biofarm has an extensive portfolio of products for children colds and flu, and our two manufacturing facilities have the capacity to adapt quickly to any market need, said Catalin Vicol, Biofarm CEO.   Biofarm has always focused on aligning itself with market requirements and patient needs, being a company always oriented towards innovation and facilitating access to modern treatment solutions.   In the first ten months of 2022, Biofarm ranked 3rd in the Consumer Healthcare (CHC) segment in terms of number of units sold. The Cold Flu therapeutic area saw the highest growth in the Consumer Healthcare (CHC) category, with products such as Bioflu, Carmol, Bixtonim Xylo and Septosol recording double-digit growth.   Biofarm currently has two drug factories in Bucharest and a product testing and development unit, and its portfolio of over 200 products covers the most important therapeutic areas of the Consumer Healthcare division (digestive & metabolic, respiratory , ORL, cardiovascular ,circulatory, nervous system).   With more than 20 representative brands, Biofarm is the market leader in terms of volumes in the reference categories of nine of its brands: Colebil, Triferment, Carbocit, Sennalax, Bixtonim, Carmol, Biofen, Nervocalmin and Cavit.   About Biofarm   Biofarm® is one of the first Romanian drug and food supplements producers. For 100 years, Biofarm® has stood alongside Romanian specialists in the race to discover the best solutions for maintaining people health. Biofarm® is currently one of the top 10 existing producers on the pharmaceutical market in Romania, a very dynamic and competitive market. Biofarm® has a competitive product portfolio, covering 65 therapeutic areas, and is continuously investing in media, commercial and marketing campaigns to promote its products.      

Read in full - click here
Premier Energy launches EUR 135 mln IPO on Bucharest Stock Exchange

Premier Energy PLC, one of the fastest-growing energy companies in Romania and the SEE region, will carry out an initial public offering (IPO) on the Bucharest Stock Exchange (BVB) between May 8 and May 15, 2024. Romania's Financial Supervisory Authority (ASF) approved the IPO prospectus on Tuesday, May 7. The company is looking to sell […]

EBRD lends more than EUR 46 million for 102 MW onshore wind farm in Romania 

The European Bank for Reconstruction and Development (EBRD) is lending more than EUR 46 million as part of a EUR 93 million financing package to build and operate Urleasca Wind Farm, a 102 MW onshore wind farm in Romania, the institution announced.  Urleasca Wind Farm is expected to generate 277 GWh a year of renewable energy […]

Bucharest and Ilfov County form the Romanian region with the highest motorization rate

Bucharest and Ilfov County together form the region in Romania with the highest motorization rate, with an average of 640 cars per 1,000 inhabitants, a level close to most regions in France, Germany, Austria, and Italy, according to Eurostat data for 2022 cited by Ziarul Financiar.  In the central, western, and northwestern regions of the […]

President of Romania’s governing PNL gearing up to be the party’s presidential hopeful

Nicolae Ciucă, the president of the National Liberal Party and head of the Romanian Senate, is increasingly looking like the party’s pick for the presidency.  Ciucă, a former general in the Romanian army and an ally of current president Klaus Iohannis, also from PNL, is featured on dozens of billboards across the country. In parallel, a social media […]

European Film Festival kicks off in Bucharest this week

The 28th edition of the European Film Festival opens in Bucharest on Europe’s Day, May 9. The event, which takes place in several cities in the country, will end this year’s run in Chișinău on June 8, the weekend of the EU Parliament elections. The program covers 40 feature films, 34 of them national premieres, […]

Large airborne military exercise taking place across Europe, including Romania

The multinational military exercise "Swift Response 24,” which will feature the largest airborne operations in Europe since World War II, has recently begun. The exercise will take place until May 24 in Romania, including in the Cincu range in Brașov County, according to Radio Brașov, as reported by Rador. According to the Ministry of National […]