Pharmacy in China

In an effort to address a shortage in certain medicines, the Health Ministry announced a series of measures on Monday that include an increase in the prices of very low-cost drugs so that they are promoted in the Greek market and not in the international market where their prices are much higher.

The Iasi-based Antibiotice pharmaceuticals company has reported an H1 2021 business turnover of 163.39 million lei, up 11% from 2020, according to a company's press statement released on Monday. From its H1 2021 revenues, the company paid the public healthcare system 13.5 million lei in the clawback tax, which influenced the profitability rate.

The turnover of Romanian drug manufacturers, distributors and pharmacies was 66.6 billion lei in 2020, up 2.6 percent from 2019 and over 100 percent higher compared to 2010, shows a survey by KeysFin - one of the most important providers of business information solutions in Romania - based on Finance Ministry figures.

The Turkish government will allow the sales of face masks with the maximum price of 1 Turkish Lira each, and the price will depend on the quality of the masks, daily Hürriyet reported on May 6.

Turkey's Toksöz Group has divested a 30 percent stake in drugmaker Sanovel to Luxembourg-based Yamma Investments for a total consideration of $200 million.

A bill recently voted by the Greek Parliament gives pharmaceutical firms and other healthcare providers that owe money to state healthcare provider EOPYY the facility to settle their debts in 120 monthly installments, just like other debtors to public bodies, such as social security funds.

The Shanghai Museum of Traditional Chinese Medicine and the Municipality of Maroussi launched a joint exhibition of traditional Chinese medicine and health culture in northern Athens on Friday.