Iceland's Actavis Group has made a buy-up offer on Croatia's generic pharmaceutical company Pliva, a sector peer of Hungary's Richter and Egis.

Healthcare giant Alliance UniChem pulled out a healthy set of full year earnings and is confident about future trading.

Chiesi Farmaceutici S.p.A. announced the opening of Chiesi Pharmaceuticals LLC, its new affiliate headquartered in Moscow, and the formation of a joint venture in The Netherlands.