about us | newsletter | contact | archive | members area
ERIC STAB, ENGIE ROMANIA
Energy Manager of the Year»
  News:      POLITICS   |   ECONOMICS   |   ENERGY   |   INVESTMENTS   |   APPOINTMENTS   |   GREEN   |   INFRASTRUCTURE   |   REAL ESTATE   |   AGRIBUSINESS   |   DRIVING   |   CITY LIFE   |   EVENTS   |

Cegedim: Pharmaceutical segment in Romania loses 4 per cent in Q1 and reaches 669 million Euro

The pharmaceutical products sales in Romania, reflected in the distribution price decreased by four per cent in Q1 this year compared to the same interval of 2013 and reached a total value of 668.8 million Euro, under expectations, according to Cegedim data.

2014-05-20 10:54:21

Petru Craciun, general manager of Cegedim states that the slightly warmer winter is accountable for the results. For 2014, in the context of a yet not updated subsidized medicine product list, the estimates take into account a decrease from 2.7 per cent to -0.3 per cent in local currency for the market. The decrease in lei for the Q1 was estimated at 1.5 per cent, to 3 billion lei.

In Q1, the pharmaceutical retail segment for Rx products reached 471.7 million Euro (2.12 billion lei), 2.2 per cent less while OTCs accounted for 109 million Euro (490 million lei), increased value of 2.4 per cent. The overall retail decreased in Q1 with 3.9 per cent and reached 580.6 million Euro, while other distribution channels such as hospitals increased with 4.9 per cent to 88.2 million Euro.

The company ranking for this market is led by Servier with 673.3 million lei and increase of 5.8 per cent, Pfizer with 600.1 million lei and 5.1 per cent increase, GlaxoSmithKline (510,3 million lei and 4,4 per cent), Ranbaxy (464,6 million lei and 4 per cent), Merck&Co (450,5 million lei and 3,8 per cent), AstraZeneca (440,3 million lei and 3,8 per cent) and Krka (316 million lei and 2,7 per cent).

They are followed by Johnson&Johnson, Antibiotice, Abbvie, Teva, Menarini, Bayer, Bristol Myers Squibb, Alvogen, Actavis and Eli Lilly, with market shares between 2.5 per cent and 1.6 per cent.



COMMENTS
There are 0 comments:

 
ADD A COMMENT
 
Name
Email
Comment
Validation Code
   
 
 

0 Comments  |  1898 Views
Daily Info
BVB: Banca Transilvania, Romgaz and Property Fund had best transactions on the Exchange in June

Banca Transilvania, Romgaz and Property Fund bonds had the best transactions on the Exchange in June, according to data supplied by Bucharest Stock Exchange (BVB).

Transgaz and Ukrtransgaz sign interconnection agreement

Romanian National Gas Transmission Company Transgaz and the Natural Gas Transmission System Operator of Ukraine-Ukrtransgaz signed the Interconnection Agreement for the Interc...

Lidl opens new store in Bucharest, reaches 196 units countrywide

German retailer Lidl announced it would open new store in Bucharest this month, reaching 196 stores in Romania.

P3 achieves 300,000 sqm of built space in Romania

P3, one of the leading pan-European logistics real estate owners, developers and asset managers, has reached the important milestone of 300,000 sqm of built space at its P3 Bu...

EC approves the rescheduled finance of 480 million Euro in two stages for Metro Line 5

European Commission has approved the modifying of Bucharest Metro Line 5 project, on segment Raul Doamnei-Eroilor, including Valea Ialomitei, by rescheduling the financing for...

 
 
   
advertising

advertising

advertising

advertising

advertising

More on News
Social Democrat Gabriela Vranceanu Firea wins Bucharest mayorship

The general mayorship of Bucharest has been won by former journalist and TV anchor Gabriela Vranceanu Firea, who ran for the Social Democrat Party (PSD) alliance with the ...

Ana Hotels to see more than 20 per cent growth in Q1

Ana Hotels, one of the largest Romanian hospitality companies which posted last year 127.5 million RON (28.6 million Euro) in revenues, has seen a 21 per cent turnover grow...

Share of nuclear energy to increase to 30-32 per cent of total national production

Upon the approval of the Ministry of Energy Supreme Council of National Defence (CSAT) Report on units 3 and 4 at the nuclear power plant in Cernavoda in late May, Romanian...

INTRAROM: Smart Solutions for a challenging industry - Energy

Subtle realistic perspective, by Athanasios Vamvakas - Smart Grids Director Intracom Telecom

Enel invests five million Euro in two 110 kV underground lines in Bucharest

Enel Distributie Muntenia is building two new 110 kV underground lines that will ensure safer connections and higher capacity of the distribution networks between Fundeni s...

Bulgaria-Romania Danube Bridge 2 generates 43 million Euro in revenue since launch

Danube Bridge 2 linking Bulgaria’s Vidin with Calafat in Romania has generated revenue of 43 million Euro since opening for road and rail traffic in the middle of June 20...

Minister of Environment: Vacaresti Lake declared natural park and protected natural area

Vacaresti Lake was declared a natural park and a protected area regime was established there, announced Cristiana Pasca - Palmer, the Minister of Environment, Water and For...