Business news from Ukraine

Sales of medicines last year amounted to 46 bln UAH

1 February , 2023  

Sales of medicines in 2022 amounted to 46 billion UAH.
According to the company SMD, according to their study, in particular, in the retail segment in the category of pharmaceuticals market decline was 37% in volume and 28% in money terms.
At the same time in public procurement the fall in drug sales was 26% in volume and 21% in monetary terms.
“Despite the difficult situation, the state has even increased budgetary support and already one third of the entire drug market has state funding. Also the share of reimbursement has increased significantly due to the expansion of the program “Affordable Medicines” in such categories as diabetes (insulin), mental and behavioral disorders”, – the company said.
As reported, the Ukrainian pharmaceutical market in 2022 decreased by 42% in volume terms and by 23% in monetary terms, the cumulative sales in the pharmaceutical market in 2022 amounted to about 61 billion UAH in pharmacy entrance prices.

,