TRADITIONAL HERBAL MEDICINAL PRODUCTS MARKET ANALYSIS AND ITS AUTHORIZATION IN ROMANIA
t Traditional herbal medicinal products are recognized across the world as the continuation of the old treatments developed by different civilizations in time. This paper is an investigation on how these products are authorized in Romania in comparison to other European countries. Both literature...
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| Format: | Article |
| Language: | English |
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Academica Brâncuşi
2021-12-01
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| Series: | Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie |
| Subjects: | |
| Online Access: | https://www.utgjiu.ro/revista/ec/pdf/2021-06/07_Chis.pdf |
| _version_ | 1811308527083323392 |
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| author | DIANA-MARIA CHIȘ EMIL LUCIAN CRIȘAN ALIN ADRIAN MIHĂILĂ |
| author_facet | DIANA-MARIA CHIȘ EMIL LUCIAN CRIȘAN ALIN ADRIAN MIHĂILĂ |
| author_sort | DIANA-MARIA CHIȘ |
| collection | DOAJ |
| description | t
Traditional herbal medicinal products are recognized across the world as the continuation of the old treatments
developed by different civilizations in time. This paper is an investigation on how these products are authorized in
Romania in comparison to other European countries. Both literature review and secondary analysis are performed in
order to identify the trends concerning the authorization of these products. Our study provides results concerning the
increased interest concerning these products in Romania and other European Countries. For Romania, the numbers
concerning TUR (traditional use registrations) are rather low, but exceeded Lithuania, Estonia and Slovakia. Romania
received only 5% of the total CEE countries applications, with only 0,2% of the total CEE countries’ granted
applications. Considering the WEU MA (well-established use marketing authorizations) number, Romania showed one
of the highest numbers, along with Czech Republic, Poland and Lithuania. Romania received 14% of the total CEE
countries applications, with 11% of the total CEE countries’ granted applications. In 2020, both exports and imports of
medicinal and pharmaceutical products, including traditional herbal medicinal products, increased in the vast majority
of the EU Member States, despite the general decrease in trade due to the restrictive measures taken in response to the
COVID-19 outbreak. As the majority of EU countries, Romania registered a general decrease in trade in goods, but
reported an increase of imports (approximately +10%) and an increase of exports (approximately +7%) in medicinal
and pharmaceutical products, including traditional herbal medicinal products. |
| first_indexed | 2024-04-13T09:25:52Z |
| format | Article |
| id | doaj.art-d1b187653ab146fda8cd436f81eab0e3 |
| institution | Directory Open Access Journal |
| issn | 1844-7007 |
| language | English |
| last_indexed | 2024-04-13T09:25:52Z |
| publishDate | 2021-12-01 |
| publisher | Academica Brâncuşi |
| record_format | Article |
| series | Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie |
| spelling | doaj.art-d1b187653ab146fda8cd436f81eab0e32022-12-22T02:52:28ZengAcademica BrâncuşiAnalele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie1844-70072021-12-0164960TRADITIONAL HERBAL MEDICINAL PRODUCTS MARKET ANALYSIS AND ITS AUTHORIZATION IN ROMANIADIANA-MARIA CHIȘ0EMIL LUCIAN CRIȘAN1ALIN ADRIAN MIHĂILĂ2BABES-BOLYAI UNIVERSITY, FACULTY OF ECONOMICS AND BUSINESS ADMINISTRATION, DEPARTMENT OF FINANCE IULIU HATIEGANU UNIVERSITY OF MEDICINE AND PHARMACY CLUJ-NAPOCA ABES-BOLYAI UNIVERSITY, FACULTY OF ECONOMICS AND BUSINESS ADMINISTRATION, DEPARTMENT OF MANAGEMENT UNIVERSITY OF MEDICINE AND PHARMACY CLUJ-NAPOCABABES-BOLYAI UNIVERSITY, FACULTY OF ECONOMICS AND BUSINESS ADMINISTRATION, DEPARTMENT OF MANAGEMENTt Traditional herbal medicinal products are recognized across the world as the continuation of the old treatments developed by different civilizations in time. This paper is an investigation on how these products are authorized in Romania in comparison to other European countries. Both literature review and secondary analysis are performed in order to identify the trends concerning the authorization of these products. Our study provides results concerning the increased interest concerning these products in Romania and other European Countries. For Romania, the numbers concerning TUR (traditional use registrations) are rather low, but exceeded Lithuania, Estonia and Slovakia. Romania received only 5% of the total CEE countries applications, with only 0,2% of the total CEE countries’ granted applications. Considering the WEU MA (well-established use marketing authorizations) number, Romania showed one of the highest numbers, along with Czech Republic, Poland and Lithuania. Romania received 14% of the total CEE countries applications, with 11% of the total CEE countries’ granted applications. In 2020, both exports and imports of medicinal and pharmaceutical products, including traditional herbal medicinal products, increased in the vast majority of the EU Member States, despite the general decrease in trade due to the restrictive measures taken in response to the COVID-19 outbreak. As the majority of EU countries, Romania registered a general decrease in trade in goods, but reported an increase of imports (approximately +10%) and an increase of exports (approximately +7%) in medicinal and pharmaceutical products, including traditional herbal medicinal products. https://www.utgjiu.ro/revista/ec/pdf/2021-06/07_Chis.pdftraditional herbal medicinal productstraditional use registrationswell-established use marketing authorizationsmonocomponent productscombination products |
| spellingShingle | DIANA-MARIA CHIȘ EMIL LUCIAN CRIȘAN ALIN ADRIAN MIHĂILĂ TRADITIONAL HERBAL MEDICINAL PRODUCTS MARKET ANALYSIS AND ITS AUTHORIZATION IN ROMANIA Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie traditional herbal medicinal products traditional use registrations well-established use marketing authorizations monocomponent products combination products |
| title | TRADITIONAL HERBAL MEDICINAL PRODUCTS MARKET ANALYSIS AND ITS AUTHORIZATION IN ROMANIA |
| title_full | TRADITIONAL HERBAL MEDICINAL PRODUCTS MARKET ANALYSIS AND ITS AUTHORIZATION IN ROMANIA |
| title_fullStr | TRADITIONAL HERBAL MEDICINAL PRODUCTS MARKET ANALYSIS AND ITS AUTHORIZATION IN ROMANIA |
| title_full_unstemmed | TRADITIONAL HERBAL MEDICINAL PRODUCTS MARKET ANALYSIS AND ITS AUTHORIZATION IN ROMANIA |
| title_short | TRADITIONAL HERBAL MEDICINAL PRODUCTS MARKET ANALYSIS AND ITS AUTHORIZATION IN ROMANIA |
| title_sort | traditional herbal medicinal products market analysis and its authorization in romania |
| topic | traditional herbal medicinal products traditional use registrations well-established use marketing authorizations monocomponent products combination products |
| url | https://www.utgjiu.ro/revista/ec/pdf/2021-06/07_Chis.pdf |
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