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Actavis Bulgaria sells its distribution arm


2010-03-09

Higia, the pharmaceutical distributor owned by Actavis Bulgaria, has been sold to a private investor. The new owner is Rosica Veselinova Velikova, a person not known in the Bulgarian pharmaceutical sector. Industry sources have suggested Ms. Velikova is connected to Varnapharma, a major Bulgarian retail pharmacy operator, but any connection has been denied by Varnapharma’s owner, Vesselin Mareshki.
According to IMS Bulgaria, in 2009 Higia was among the top pharmaceutical distributors on the Bulgarian pharmaceutical market with a 20% market share. Plans to sell the company were first announced by Actavis in late 2008.

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Central Europe Pharma Online [EN]

internet service providing market news and sector articles

Central Europe Pharma Online provides news, articles and market data on the pharmaceutical market in Bulgaria, Czech Republic, Hungary, Romania, Poland and Slovakia, from manufacturers and distributors to medical devices and research developments. Over 120 industry updates, covering manufacturers and distributors, medical news and research developments, together with news on laws and regulations governing the pharmaceutical sector are added on a regular basis. For timely news delivery, custom newsletters can be sent directly to your e-mail account, with content personalisation.
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Central Europe Pharma News is a bi-weekly newsletter delivered in PDF format directly to your inbox. Each edition of the newsletter delivers news and analysis of the pharmaceutical sector in Bulgaria, Czech Republic, Hungary, Romania, Poland and Slovakia, including an in-depth feature on the pharmaceutical industry in the Central & Eastern Europe region written by PMR market analysts. A list of upcoming events relevant to the region and a company index are included in every issue.
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