Company history

Foundation of Company

Company was founded in July 2013.

Obtained a WDL

The company was issued a wholesale dealers license by competent Authority - Ministry of Health. Guidelines for good practice in the distribution of human medicines have been adopted pursuant to Article 84 and Article 85 (b) (3) of Directive 2001/83 / EC and brought by Serbian MoH and published in “R Serbia Official Gazette” in 2016 but the Ministry is not issuing separate GDP certificate, by issuing WDL it is understood that wholesaler operates in accordance with GDP guidelines.

Establishment of strong portfolio

Through depth market analysis the company identified niche pharma products for placement on the market, with the focus on oncology and orphan drugs. Company completed registation in the register of bidders within the Serbian Bussines Registers Agency.

First supply and implementation of QMS

The company signed agreements with the most eminent health care centres in Belgrade and throughout Serbia. Started distribution to end users and also obtained and implemented ISO:9001 2008 QMS standard.

Porfolio and therapeutic area expansion

The company expanded therapeutic areas in which it is present to: haematology, cardiology, neurology, infectious diseases, anaesthesia, gastroenterology and psychiatry.

Extended reach in medicines supply

The company realised it’s first supplies to the neighbouring markets. Completed implementation of ISO:9001 2015 QMS standard.

Introduction of new generic medicines

Company successfully introduced new generic brand of medicine that treats brain tumours and cancers that have spread elsewhere in the body (metastatic brain tumours), types of cancer that originate from white blood cells (Hodgkin’s lymphoma and non-Hodgkin’s lymphomas) and is also used as a “conditioning” treatment before transplantation of the patients own haematopoietic progenitor cells. Another new generic brand medication that is used to treat rheumatoid arthritis was also placed on the market.

Exclusive Distribution of an orphan drug

The company begun with the delivery of targeted immunotherapy for a rare disease and obtained exclusive distribution rights for this innovative and original medicine used to treat high-risk neuroblastoma, a rare disease - rare form of cancer arising from neural crest cells, the most frequently occurring solid tumour in infants under one year old. This innovative medicine, which is becoming the standard of care in the treatment of high-risk neuroblastoma, is now available in Serbia, marking a vital step forward in treating young children diagnosed with this aggressive type of cancer. The company has become a member of the group of wholesalers within the Serbian Chamber of Commerce, which holds full membership status in GIRP - the European Healthcare Distribution Association.

Combatting COVID-19: Innovative therapeutic and diagnostic solutions for rapid detection and prevention

With the emergence of global pandemic, the company focused on finding therapeutic and diagnostic solutions to relieve the burden of transmission of the COVID-19 virus. In addition to the introduction of certain therapies used in the COVID-19 protocols, the company became marketing authorization holder of innovative test kits, for the rapid detection COVID-19 infection, the first of their kind to be approved for self-testing in the market. The company introduced a brand of BCG vaccine, which is used for the treatment of existing bladder tumours and for the prophylaxis of recurrence. This immunotherapy is applied after transurethral resection of superficial tumors with the aim of preventing recurrence. Therapy is very deficient in the country, and irregular application of this therapy can increase the chance of disease recurrence.

Glutathione therapy and bringing experts together to advance neuroblastoma treatment

The company began with distribution of glutathione therapy that helps patients whose tissue and intracellular levels of endogenous glutathione have been reduced by chemotherapy drugs, exacerbating the tumor condition caused by oxidative stress. Preclinical and clinical studies have demonstrated the protective role of glutathione in many pathological situations that cause cellular damage. In the same year, the company imports and distributes nationwide a therapy that reduces the incidence of hemorrhagic cystitis caused by the action of cyclophosphamide and ifosfamide. The therapy helps protect the bladder lining from the harmful effects of these two drugs, which the body breaks down into substances that can damage the bladder. The company sponsored an expert meeting in Belgrade, where the main topic was treatment of neuroblastoma in children with domestic and international experts, where the latest research results in this field were presented and previous experiences were shared in order to improve the future application of the therapy for this rare disease.

New exclusive distribution rights and exports to EU

The company acquired exclusive distribution rights with new principal from EU and began distributing two new niche medicines, for treatment of patients with acute lymphoblastic leukaemia (ALL) and an antiviral agent with broad spectrum activity inhibiting the human virus of the herpes group, including HIV at concentrations not affecting cell growth. We identified a potential shortage of antivenom serum in the EU markets and established cooperation with the Institute of Virology, Vaccines, and Sera “Torlak”. We successfully exported their product VIEKVIN® to the markets of Germany, Austria, and Italy and incorporated the entire Torlak portfolio into our offering. We commenced with activities and projects to expand cooperation in other markets.