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Waste management and electricity production in Turkey

In Turkey, 50,000 tons of garbage is produced everyday which corresponds to 1,5-2 kgs of garbage per residence on top of industrial and medical wastes. Like with many developing countries Turkey has to cope with the problem of disposal of such wastes without separate collection which is considered to be a major threat for public health. The administration being aware of this challenge luckily, has attribute ...

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Healthcare Sector: A promising source of revenue for Turkey

A few decades back many Turkish citizens used to fly abroad and USA in particular to get medical treatment as the belief at the time was that the country did not provide satisfactory prospects of medical treatment due to lack of up-to-date technology and equipment mainly. Today however the picture has totally changed and the country has been receiving thousands of patients from abroad seeking cure and the o ...

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Article: Healthcare System in Turkey (by Semiha Unal)

The healthcare system in Turkey is being developed under the 2003-2013 Health Transformation Program as part of the EU harmonization package. The purpose of this program is to increase the quality and efficiency of the healthcare system and enhance access to healthcare facilities with the introduction of a number of reforms. The harmonization with the EU and sector modernization is leading to considerable p ...

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Global giant Pfizer opens new production unit in Turkey

Global giants keep investing in Turkey… The most recent investment was realized by Global pharmaceutical company Pfizer which opened a pneumococcal conjugate vaccine (PCV) production plant in Istanbul. It is reported that Pfizer cooperated with Mefar Ilac under Birgi Mefar Group for the plant located in Istanbul’s Pendik district. The investment with the capacity to produce 75 million doses annually has mar ...

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French Yves Rocher acquires Flormar.. Turkish cosmetics company

French cosmetics group Yves Rocher has bought a 51 percent stake in Turkish beauty products company Flormar in a deal estimated at $150 million, the Turkish press reported Thursday. "Following this transaction the current shareholders will hold 49 percent of the capital and will have full management autonomy and responsibility," said Yves Rocher in confirming the deal. With sales of more than $100 million p ...

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Turkey will establish free health zones for bigger market share

Turkey to launch ‘free health zones’ in 2014 Turkey looks to grow its share of the medical tourism market, promising to establish several ‘free health zones’ by 2014 that will mostly benefit from no taxes Turkey’s Health Ministry revealed the details of a new initiative to turn the country into a destination for health tourism in the region by instituting a network of “health free zones” throughout the coun ...

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Turkey soon to host many from Russia for medical tourism

Turkey will soon be in high demand by Russia and Ukraine for the nation’s medical tourism options. Dr. Yahya Öztel, the owner of Turmed, a firm operating in medical tourism in Russia and Ukraine states that Turkey will soon become a very popular destination for medical tourism. Öztel explains that ever since attending last year's Anfaş Hetex medical tourism fair in Antalya, they have already begun bringing ...

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Pharmaceutical group Baxter considers investment in Turkey

US pharma company Baxter mulling new investments in Turkey Turkey is increasing its appeal as a center for the development and production of drugs in the eyes of global pharmaceutical companies, Turkey’s Minister of Science, Industry and Technology, Nihat Ergun has said. Ergun, currently in Boston, USA, to attend the 2012 Bio International Convention, told reporters that US healthcare company Baxter is cons ...

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Health: Spine Surgery and Neurosurgery in Turkey

Medical Industry and practices have taken some giant steps in Turkey in the past few decades. Like with many other branches in medicine, Turkey is one of the most successful countries in spine surgery as well. Every spine procedure which is done in the USA and European Countries, is also performed in Turkey.Some spine institutes utilize all current technological equipments, to perform the best surgery possi ...

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UN official says abortion ban may lead to more woman deaths

A possible abortion ban in Turkey would lead to more deaths for women who will have to resort to unsafe methods to end unwanted pregnancies, Turkey's U.N. Population Fund Representative recently told BBC Türkçe. New regulations that would only abortions to be conducted in the first four weeks of pregnancy would make it nearly impossible for women to conduct an abortion since it is extremely difficult to det ...

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Minister says number of smokers in Turkey on decline

Ministry of Health announces that the number of smokers are in decline and Turkey is among the top four countries in the world in the fight against smoking. The number of cigarettes consumed in Turkey was 107 billion in 2008 and it has dropped under 100 billion in the last two years. according toHealth Ministry’s data. The number of cigarettes consumed in Turkey was 107 billion in 2008 and it has dropped un ...

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Pharma market in Turkey draws top attention globally

Turkey’s growing pharmaceutical sector—6th in Europe and 14th in the world in size—has made it to the headlines of global business publications with last week’s acquisition of local generics manufacturer Mustafa Nevzat by US biotech giant Amgen. Although shadowed by the sum of the deal between Amgen and Mustafa Nevzat, reaching USD 700 million for 95.6 percent of shares, Turkey’s pharma sector has attracted ...

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Sanofi to relocate its regional center from Dubai to ıstanbul

Turkey’s Istanbul has become home to yet another multinational company’s regional management center, this time to French pharmaceutical company, Sanofi. As part of its restructuring program, the company will relocate its current management center in Dubai, covering Bahrain, Kuwait, Oman, Qatar, Yemen, Iran, Israel, Saudi Arabia, Lebanon, Syria, Palestine, Jordan, Iraq as well as Turkey, to Istanbul. Turkey ...

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U.S. drugs giant Amgen buys out Mustafa Nevzat for $700 million.

U.S. drugs giant Amgen has announced that it has agreed to buy out Turkish Mustafa Nevzat for $700 million. Amgen aims to grow both in Turkey and its region with the purchase, which will be conducted in cash, the company said in a statement, adding that the acquisition had been approved by the boards of both companies. “Together with Mustafa Nevzat’s staff and management team, we plan to grow our business w ...

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Turkish generic producer to receive a big offer from pharma giants for minority stakes

Although the Turkish pharmaceutical sector has been going through a challenging period foreign enterprises have not ceased keeping a good eye on this rapidly growing market. Among the most succesful Turkish companies in the sector Mustafa Nevzat İlaç Sanayii has attracted much attention, in particular and thus received interesting offers from foreign giants in the sector. The company is first-in-the-row on ...

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US Army to finance “Infrascanner”, a device invented by 2 Turks to detect cerebral bleeding

The Infrascanner, a life saving apparatus, which can instantly detect the presence of cerebral bleeding and was invented over a five-year period by Dr. Hasan Ayaz and Dr. Kurtuluş İzzetoğlu, is being financed by the United States Army.Turkish scientists at the Philadelphia Drexel University's Optic Brain Imaging Laboratory have signed on to a revolutionary invention in medicine. SABAH speaks with Dr. Hasan ...

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British pharmaceutical group GlaxoSmithKline will run regional operations from Istanbul to replace Dubai

Turkey’s financial capital will be the regional management center of British pharmaceuticals group GlaxoSmithKline (GSK), displacing Dubai to run the company’s Middle Eastern and African operations. GSK will be joining other drug producers Roche and Novo Nordisk in setting up their regional headquarters in Istanbul, Turkey’s transcontinental city with over 12 million inhabitants. The regional headquarters i ...

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Turkey: Pricing dispute between government and drug manufacturers resolved

The pricing dispute between the government and drug manufacturers was resolved, according to the country’s Social Security Institution (SGK). The SGK has pulled back the much debated price cut on 120 vital drug types and said the Health Ministry will also increase the prices of 100 other drugs, according to Murat Karaşen, general manager of the body. The ministry increased a subsidy on drugs from 4 percent ...

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Is Turkish Pharmaceutical Sector Promising for Foreign Investors?

Down below you will find a short evaluation from a top executive in the sector as to if the pharmaceutical industry in Turkey is promising for the future. Q: Do you consider Turkish market to be attractive for foreign companies. A: If we should talk about mid term and long term prospects, the answer would be “YES” due to below reasons. Turkey is 6th-7th in Europe in terms of GDP and 17th in the world now. A ...

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Tuzla-İçmeler; Thermal Spring Center in Istanbul

Istanbul is one of the biggest metropoles of the world. It is totally a different world where the west and the east meet. The city is hectic and life is so fast. However, there is a very unique resort right next to the city where you can rest your body in peace and comfort. Tuzla Spas of Health and Tourism Complex  is a modern and historical foundation covered with pine trees and located on a land of nearly ...

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A Quick Look at Pharmaceutical Performance in Turkey, in 2010

According to data from reliable pharmaceutical sources, Turkish Pharmaceutical Sector has lived through another very challenging year. Although the market has incurred some expansion in terms of quantities, this has not reflected in terms of TL. This was certainly due to reductions imposed by the authority through new decrees. The Turkish government has taken steps to implement many reforms under the name o ...

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Infertility Treatment in IVF clinics in Turkey

The desire to have children is one of the most basic of human instincts. Global statistics show however that one out of every seven couples is unable to have children without assistance from a physician. In the recent years, Turkey has made great progress in the treatment of infertility as with many other branches of human health. In Turkey, infertility treatment services are provided by experienced English ...

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An Uncertain Future for Pharmaceutical Companies in Turkey

The Turkish government has taken steps to implement many reforms under the name of 2003-2013 health transformation program, recently. The government first unified 3 separate security systems under a single roof of social security system, and named it SGK. The idea was to improve the quality and efficiency of health care services. Thus elderly would be able to have free health care services and all workers w ...

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