The Competition Council sanctioned five pharmaceutical companies supplying immunoglobulins and other human plasma-derived drugs, as well as the representative association of the Plasma Protein Therapeutics Association (PPTA) (Belgium) with fines worth a total of 353.4 million lei (approximately 71 million euros).According to a press release sent on last Tuesday, the sanctioned companies are: Baxalta Gmbh, Switzerland - 109 million lei; CSL Behring Gmbh, Germany - 76.8 million lei; Biotest AG, Germany - 25.5 million lei; Kedrion Spa, Italy -16.1 million lei; Octapharma AG, Switzerland - 125.1 million lei; PPTA, Belgium: 375,521 lei.Following the investigations, launched in 2018, the competition authority found that, in the period 2015-2018, the five companies adopted a coordinated strategy, which aimed at limiting and even interrupting the supply to the Romanian market with immunoglobulins, in order to exert pressure on the authorities to suspend the clawback tax for medicines derived from human blood or human plasma. This way, the companies aimed to create a commercial advantage, namely the improvement of profit margins.The PPTA facilitated these anti-competitive practices and contributed through its own actions to the achievement of the common goal, thereby going beyond the scope of specific activities at the level of an association in order to influence the legislative process.Lack of access to immunoglobulins, as essential medicines for the treatment of multiple serious illnesses, has endangered the lives of patients and led authorities to take crisis measures to provide patients with the necessary medicines, by accessing the European Civil Protection Mechanism, which indicates, by default, the magnitude of the gravity of the situation generated on the national market.The decision of the Competition Authority, which will be published in a non-confidential manner on the institution's Website, can be appealed to the Bucharest Court of Appeal.
Bucharest Stock Exchange (BVB) will announce the 15 finalist companies participating in the BVB Arena 2025 at its annual Awards Gala taking place this evening (Thursday, September 25) at 7:30 PM. The event aims to honor the remarkable achievements and contributions of the 15 finalist companies and inspire others in the industry to strive for […]
This year, the White Night of Galleries (NAG) will take place between October 3 and 5 in Bucharest and 16 other cities across the country. The 19th edition of the event will include, in total, over 200 projects in galleries, alternative spaces, creative hubs, and creative workshops in Bucharest, Alba Iulia, Arad, Brașov, Cluj-Napoca, Craiova, […]
The Supreme Council of National Defence (CSAT) has approved new procedures allowing mission commanders to order the downing of drones and military aircraft that violate Romania’s airspace, in line with NATO protocols, defense minister Ionuț Moșteanu said, as quoted by Biziday.ro. Speaking after the council meeting on Thursday, September 25, Moșteanu stated that the chain […]
Europe remains the favorite destination for Romanian students, with 60% of applications directed to European universities in 2025, according to a study by educational consultant Upgrade Education. The figure pertains only to scholarships handled by the company, but indicates the existing trend. Countries such as the Netherlands, Spain, and Italy are attracting more and more […]
More than half of Romanians (57.1%) currently own pets, according to the Informat barometer from INSCOP Research, published on Thursday, September 25. Among those who have pets, 35.2% report having one, 23.7% two, 12.9% three, and 28.2% more than three. Pet-lovers are even among the 43% who currently have no...
Acknowledged this year as the most influential global CX expert, Gabriela Ciupitu announces the launch of PXcellence (Patient Experience Excellence), a program designed for healthcare organizations that transforms patient experience into a strategic asset and a measurable performance indicator. The program was developed together with Ana Maria Andreescu and Angela Călianu, specialists in strategy, organizational […]
