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Europharm Distribuţie tops growth projection and sees business up 50%

Autor: Ioana David

13.12.2010, 00:01 19

Europharm Distribuţie, one of the biggest players on the drugdistribution market, is set to reach 1bn RON (236m euros) turnoverthis year, up 50% against 2009.


"We targeted 35% turnover growth (in 2010 i.e.) and we expect totop estimates and end with an over 50% increase from 2009.Portfolio expansion, the rising number of products sold to eachpharmacy and of the sales volume are a few elements that generatedthe figures," said Margareta Mareş, general manager of EuropharmDistribuţie.
About the figures registered by Europharm Distribuţie, MargaretaMareş specified that on the retail segment the company will see anover 65% increase, while deliveries through hospitals will drop by7% in 2010.
Over-the-counter drugs in 2010 generate around 20% in turnover,while for 2011 the company plans to drive the percentage to30%.
"In January-October 2010, Europharm Distribuţie ranked fifth amongof distributors in Romania, with an 8.1% overall market share. InOctober 2010, the company climbed one position in distributors'ranking to fourth place, with a 9,2% market share," said MargaretaMareş, quoting Cegedim data.

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