Following to recent information concerning the new health decree, the Health Minister David Rath stated for daily press Pravo that some drug groups are available in retail outlets. The non prescription drugs should be available also through internet and in “pharmacies” which does not satisfy full conditions (such as space). Note that OTC drugs formed c 20% of Zentiva’s pharmaceutical sales in the 1Q06 and grew by 35% y/y. We believe that volume of free drugs should be supported and should increase. We reiterate our Buy ranking for Zentiva.