about us | newsletter | contact | archive | members area
Rene Schob, Mazars Romania
Our activity is strongly related to the trust that businesses have in the local environm»
  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  |  1648 Views
Daily Info
Cyprus-based investment fund acquired business complex EOS Business Park for near 6 million Euro

Cyprus-registered investment company Secure Property Development & Investment (SPDI) signed an agreement with the real estate developer Primavera Development for buying the bu...

Carrefour opens three proximity units at Bistrita Nasaud

The French retailer announced it expands the proximity network in Romania with three Express units and one Contact unit to be opened in Bistrita-Nasaud, operated in franchise....

Chinese companies look at infrastructure, energy and residential projects in Romania

Following the official Government delegation in China, the Romanian officials including PM Victor Ponta talked to Chinese officials and subsequent, several Chinese companies s...

Owner of Praktiker to launch a new store at Targu-Jiu

Turkish businessman Omer Susl, the owner of Search Chemicals company established in 2003 in Romania resumes the expansion of Praktiker chain acquired this year with a new unit...

Two Ecco shops to be opened in Bucharest this autumn

Danish footwear retailer Ecco said it would open two new shops in Bucharest, with units to be launched within Bucuresti Mall and Plaza Romania, reaching 18 units opened so far...

 
 
   
advertising

advertising

advertising

advertising

advertising

More on News
Klaus Iohannis is Liberals' choice for presidency

The liberal head Klaus Iohannis has been elected the party′s candidate for the presidential elections to be held in November in Romania, as announced by the former leader...

Operational Leasing market to register double-digit growth in H1

The Operational leasing market recorded an increase of 12.3 per cent at the end of Q2 over the same period last year, reaching 45,000 units. Moreover, the market is expecte...

ExxonMobil and OMV Petrom to start drilling in the Black Sea

In early July, the American- based company ExxonMobil Exploration and Production in Romania and OMV Petrom, part of the Austrian OMV Petrom group, jointly announced the beg...

A contract over 18 million Euro for building a part of Brasov ring road has been assigned

Romanian National Company of Motorways and National Roads (CNADNR) assigned a contract worth 18 million Euro (80 million RON) for the construction of 4.9 km of Brasov's rin...

Perry Zizzi

Perry Zizzi, with 19 years of experience practicing law in the US, Latin America, Western Europe and the emerging markets of Central and Eastern Europe rejoined law firm De...

Eco-Rom Ambalaje recycled 2.6 million tonnes of packaging waste in the past decade

Eco-Rom Ambalaje, one of the most important organizations specialised in the assumption of packaging recycling and recovery obligations from economic agents, recycled aroun...

Romanian farmers need to integrate further within the value chain

Given the fact that in the coming 20 years the global demand for food will grow by 70 per cent, Romania can play an important role in providing the necessary supply, Reinde...