Galenika a.d. is a major pharmaceutical company

Pharmaceutical company

The pharmaceutical industry develops, produces, and markets drugs licensed for use as medications. Pharmaceutical companies are allowed to deal in generic and/or brand medications and medical devices...

 in Serbia

Serbia

Serbia , officially the Republic of Serbia , is a landlocked country located at the crossroads of Central and Southeast Europe, covering the southern part of the Carpathian basin and the central part of the Balkans...

, controlling one third of the pharmaceutical market share in the country. Founded in 1945 it remains one of the largest Serbian companies dominating the Balkan region.

Still a state owned company, Galenika is gradually moving towards a privatized model. As of 2006, Galenika remains a leader in research and development as the only pharmaceutical company in Serbia with an institute registered with the Ministry of Science and Environmental Protection.

According to its most recent annual financial report submitted to Serbian Economic Register Agency, the company has 2,711 employees and it posted an annual profit of RSD

Serbian dinar

The dinar is the currency of Serbia. An earlier currency also called dinar was used in Serbia between 1868 and 1918. The earliest use of the dinar date to 1214. Today's Serbian dinar is a continuation of the last Yugoslav dinar...

949,920,000 (approximately €

Euro

The euro is the official currency of the eurozone: 17 of the 27 member states of the European Union. It is also the currency used by the Institutions of the European Union. The eurozone consists of Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg,...

11.9 million at the time) for the calendar year 2007.