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Record sales growth in 5 years was recorded in Russian pharmacies
Record sales in Russian pharmacies have been recorded over the past five years. In monetary terms, sales amounted to 1,5 trillion rubles, an increase of 14%.
As reported "Vedomosti" citing analytics from AlphaRM and the Pharmaceutical Bulletin, the largest sales fell on drugs: they were sold for a total of 1,1 trillion rubles. Also, buyers purchased dietary supplements for 86 billion rubles, another 262 billion rubles for non-medicinal assortment.
Experts explain this by a rise in prices: goods in pharmacy chains went up by 8,6%. Sales peaked at the beginning of 2020, when the ruble fell and consumers were eager to stock up on drugs before their cost increased. Price surges also occurred in March and October.
In the pharmaceutical environment, there are concerns that this year a decrease in the cost of vital drugs will have a negative impact on pharmacy chains due to the adoption of a new pricing methodology by the Federal Antimonopoly Service and the Ministry of Health. Medicines will become cheaper, and the costs of the networks for personnel and rent will not change the situation.
Last July, Russian-made medicines have risen in price by almost a quarter... Imported drugs rose in price by about 8%. Against this background, the revenue of pharmacies increased significantly. For six months, drugs were sold for 558 billion rubles. In April 2020, drug suppliers in Russia began to raise drug prices.