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Pharmacy sales hit record highs in Russia

Pharmacy sales hit record highs in Russia
Photo: pixabay.com

Pharmacy sales reached record levels in Russia. Following the results of nine months, the chains sold drugs for almost 820 million rubles. Growth in relation to the same period last year was 11%.

As reported "Vedomosti" with reference to analytics from DSM Group, this is a record figure for the past six years. However, in physical terms, sales of drugs have been falling over the past three years. So, in the nine months of 2018, 3,9 billion packages were sold, in 2019, sales decreased by 100 million, this year pharmacies sold 3,7 billion packages of drugs. Experts attribute this to a change in the consumption structure.

From January to September, sales of only expensive drugs grew. The share of drugs over 500 rubles in total sales reached 44%. The smallest share is occupied by cheap drugs costing up to 50 rubles - 3% of the total sales.

According to experts, the high demand for expensive drugs caused by the coronavirus pandemic helps pharmacy chains to avoid losses in turnover due to lower incomes of the population.

In April, drug suppliers in Russia began raise drug prices... According to experts, this is due to the growing costs of manufacturers for imported components. Due to the announced self-isolation regime, sales in pharmacies fell by 20%

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