Business news from Ukraine

SERGIY TIGIPKO PLANS TO INCREASE PHARMACY CHAIN TO 153 DRUGSTORES

TAS pharmacy chain (TAS Pharma LLC), part of TAS Group, intends to acquire another 60 pharmacies in the near future, increasing their number to 153 by February 2019. According to a press release from the network, TAS has begun a deal to acquire a pharmaceutical network of 26 pharmacies. In addition, negotiations are underway on the acquisition of another 34 pharmacies owned by two participants in the domestic pharmaceutical market.
“The acquisition of 60 pharmacies will allow us to increase our company’s share in the pharmaceutical market of Ukraine, improve its efficiency and strengthen our position in the top 20 pharmacy chains of the country,” the press service said citing director general of the chain Valeriy Hudzenko.
TAS Group was founded in 1998. It has assets in financial and industrial sectors, agriculture, real estate, pharmaceuticals, and venture projects. The financial sector of the group includes TAScombank, Universal Bank, VS Bank, two insurance companies and a number of other organizations. The founder and main shareholder of the group is Sergiy Tigipko.

,

PHARMACY SALES 28% UP – BUSINESS CREDIT

Pharmacy sales in Ukraine in January-October 2018 in monetary terms increased by 28% compared to the same period in 2017, to UAH 68.665 billion. Business Credit company told Interfax-Ukraine, in natural terms sales for the specified period remained unchanged, being 1.229 million packages, while the weighted average price rose by 28%, to UAH 55.60 per unit of goods.
According to the company, retail sales of medicines in January-October in monetary terms increased by 30%, to UAH 56.732 billion, in natural terms by 9%, to 833.893 million packages. The weighted average price of medicines in January-October 2018 was UAH 68 per product unit.
As reported, in January-September 2018 pharmacy sales in Ukraine in monetary terms were up by 30% compared to the same period in 2017 and amounted to UAH 61.788 billion, while sales in kind by 1%, to 1.124 billion packages.
Retail sales of drugs in January-September 2018 in monetary terms grew by 32%, to UAH 50.805 billion, in natural terms by 10%, to 754.352 million packages.

, ,

PHARMACY SALES IN UKRAINE 30% UP IN JAN-SEPT – BUSINESS CREDIT COMPANY

Pharmacy sales in Ukraine in January-September 2018 in monetary terms increased by 30% compared to the same period in 2017, to UAH 61.788 billion. Business Credit company told Interfax-Ukraine, in natural terms sales for the specified period increased by a mere 1%, to 1.124 million packs, while the weighted average price rose by 28%, to UAH 55 per unit of goods. According to the company, retail sales of medicines in January-September in monetary terms increased by 32%, to UAH 50.805 billion, in natural terms by 10%, to 754.352 million packs. The weighted average price of medicines in the first nine months of 2018 was UAH 67.4 per product unit.
As reported, in the first half of 2018 pharmacy sales in Ukraine in monetary terms were up by 36% compared to the same period in 2017 and amounted to UAH 43.011 billion, while sales in real terms by 5%, to 780.737 million packs.
Retail sales of drugs in the first half of the year in monetary terms grew by 38%, to UAH 35.454 billion, in natural terms by 16%, to 530.846 million packs.

, ,

PHARMACY SALES IN UKRAINE 32% UP IN JAN-AUG – BUSINESS CREDIT COMPANY

Pharmacy sales in Ukraine in monetary terms in January-August 2018 increased by 32% compared to the same period in 2017, to UAH 55.233 billion. Business Credit company told Interfax-Ukraine sales in natural terms for the specified period rose by 2%, to 1.005 million packages, while the weighted average price increased by 29%, to UAH 55 per unit of goods.
According to the company, retail sales of medicines in January-August in monetary terms grew by 34%, to UAH 45.42 billion, in natural terms by 13%, to 679.897 million packages.
As reported, in the first half of 2018 pharmacy sales in Ukraine in monetary terms were up by 36% compared to the same period in 2017 and amounted to UAH 43.011 billion, while sales in natural terms by 5%, to 780.737 million packs.
Retail sales of drugs in the first half of the year in money terms increased by 38%, to UAH 35.454 billion, in natural terms by 16%, to 530.846 million packs.

, , ,

UKRAINIAN PHARMACEUTICAL COMPANY FARMAK INCREASES SALES, KEEPS POSITION OF INDUSTRY LEADER

PJSC Farmak (Kyiv), one of the three leaders of the Ukrainian pharmaceutical industry, in the first half of 2018 increased pharmacy sales by 17.4%, to UAH 2.232 billion. According to a press release of the pharmaceutical company, with reference to a study by Proxima Research, thus, Farmak for the eighth consecutive year has been leading the rating of marketing organizations in the pharmaceutical market of the country in January-June 2018.
As reported, Farmak in January-March 2018 increased sales of medicines by 18.35% compared to the same period in 2017, to UAH 1.1 billion.
In 2017 Farmak raised sales in the retail pharmaceutical market of the country by 21% in monetary terms. Its net profit increased by 29.9%, to UAH 839.09 million.
Over the past seven years, the company has allocated UAH 2.8 billion for the development and modernization of production.
PJSC Farmak exports its products to 20 countries. The company’s portfolio includes 220 product dossiers. Annually, it brings to the market up to 20 new medicines.

, ,

PHARMACY SALES IN UKRAINE 36% UP

Pharmacy sales in Ukraine in the first half of 2018 in monetary terms increased by 36% compared to the same period in 2017 and amounted to UAH 43.011 billion. Business Credit told Interfax-Ukraine that during this period sales in natural terms increased by 5%, to 780.737 million packs.
According to the company, retail sales of medicines in the first half of the year in monetary terms increased by 38%, to UAH 35.454 billion, in natural terms by 16%, to 530.846 million packs.
The average weighted price of all categories of goods of pharmacy retail sales in January-June amounted to UAH 53.8, medicines some UAH 66.8, the increase compared to the first half of 2017 amounted to 30% and 19% respectively.
In June 2018, pharmacy sales of all product categories in monetary terms rose by 23% compared to the same period in 2017, to UAH 6.256 billion, in natural terms decreased by 2%, to 116.249 million packs. Sales of medicines in money terms grew by 25%, to UAH 5.101 billion, in natural terms by 6%, to 76.338 million packs.

,