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Evolutions and Trends Regarding the Pharmaceutical Sector in Romania

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  • Hada Izabela Diana

    (1 Decembrie 1918 University of Alba Iulia, Romania)

Abstract

The pharmaceutical industry is a vital field of activity that by providing pharmaceutical products and preparations that take medicines form, contributes to the diagnosis, treatment, maintenance, upkeep and maintenance of the health of the population. Over time, we are witnessing an increase in the need for pharmaceuticals, and implicitly an increase in both the number of drug distributors and the number of manufacturers. Pharmaceutical industry as one of the most profitable and competitive industries is considered to be one of the key industries in the world. An important part of specialized studies deals with the evolution of the pharmaceutical industry. The purpose of this paper is to analyze and present trends in the evolution of the pharmaceutical sector in Romania. We also aim to present a top of the largest and most important companies in the pharmaceutical field according to the CANE activity code. The results of the research show the upward trend of the national pharmaceutical sector, given the increase in profits recorded by companies in the field, increased revenue, turnover, number of entities producing and distributing drugs. The pharmaceutical industry is an important sector, with a continuous development and a rapid growth rate.

Suggested Citation

  • Hada Izabela Diana, 2020. "Evolutions and Trends Regarding the Pharmaceutical Sector in Romania," Risk in Contemporary Economy, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, pages 59-65.
    • Handle: RePEc:ddj:fserec:y:2020:p:59-65
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    References listed on IDEAS

    as
    1. Izabela Diana Hada, 2020. "Considerations Regarding the Assessment and Measurement of Financial Performance," Book chapters-LUMEN Proceedings, in: Carmen NÄ‚STASE (ed.), 16th Economic International Conference NCOE 4.0 2020, edition 1, volume 13, chapter 11, pages 115-129, Editura Lumen.
    2. Hassan Heidari & Arash Refah Kahriz & Yousef Mohammadzadeh, 2019. "Stock market behavior of pharmaceutical industry in Iran and macroeconomic factors," Economic Change and Restructuring, Springer, vol. 52(3), pages 255-277, August.
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