IDEAS home Printed from https://ideas.repec.org/h/lum/prchap/06-09.html
   My bibliography  Save this book chapter

Romanian Pharmaceutical Sector -Between Challenges, Opportunities and Market Threats. Legal Aspects of the Trading of Listed Companies

In: The 14th Economic International Conference: Strategies and Development Policies of Territories: International, Country, Region, City, Location Challenges | May 10-11, 2018 | Stefan cel Mare University of Suceava, Romania

Author

Listed:
  • Åžtefăniţă ÅžUÅžU

    ("Stefan cel Mare" University of Suceava, Faculty of Economic Sciences and Public Administration Suceava, Romania)

  • Eugenia-Gabriela LEUCIUC

    ("Stefan cel Mare" University of Suceava, Faculty of Economic Sciences and Public Administration Suceava, Romania)

Abstract

Companies operating in the health and medical sciences will face this year not only with the challenges of an increasingly globalized market, but also with specific problems, both regional and national. While other large sectors, such as the food industry, are poorly represented on the Romanian stock market, the pharmaceutical sector is represented by the following six companies: Antibiotics, Biofarm, FarmaceuticaRemedia, MedLife, Zentiva and Ropharma. During 2014-2016, these companies recorded oscillatory developments in sales and the net result of the year, as a result of the price reduction for drugs, the need for law to separate wholesale distribution from wholesale, a significant reduction in discounts to distributors, with an importan negative impact on their margin. Globally, the pharmaceutical market is estimated to over $ 1 trillion,according the outcomes in 2016, while the top 15 companies accounting represent about 40% of the total.

Suggested Citation

  • Åžtefăniţă ÅžUÅžU & Eugenia-Gabriela LEUCIUC, 2018. "Romanian Pharmaceutical Sector -Between Challenges, Opportunities and Market Threats. Legal Aspects of the Trading of Listed Companies," Book chapters-LUMEN Proceedings, in: Carmen NÄ‚STASE (ed.), The 14th Economic International Conference: Strategies and Development Policies of Territories: International, Country, Region, City, Location Challen, edition 1, volume 6, chapter 9, pages 83-89, Editura Lumen.
    • Handle: RePEc:lum:prchap:06-09
    DOI: https://doi.org/10.18662/lumproc.64
    as

    Download full text from publisher

    File URL: https://proceedings.lumenpublishing.com/ojs/index.php/lumenproceedings/article/view/70/66
    Download Restriction: no
    File URL: https://proceedings.lumenpublishing.com/ojs/index.php/lumenproceedings/article/view/70
    Download Restriction: no
    File URL: https://libkey.io/https://doi.org/10.18662/lumproc.64?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    Capital market; shares; open-end joint-stock companies;
    All these keywords.

    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • F2 - International Economics - - International Factor Movements and International Business
    • F3 - International Economics - - International Finance
    • H7 - Public Economics - - State and Local Government; Intergovernmental Relations

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:lum:prchap:06-09. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Antonio Sandu (email available below). General contact details of provider: https://proceedings.lumenpublishing.com/ojs/index.php/lumenproceedings .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.