Jan 29, 2018

Farmak JSC has become the leader of the pharmaceutical market of Ukraine for the eighth year in a row

Farmak JSC is the leader of the pharmaceutical market in terms of sales of “pharmacy basket” products in monetary terms as of 2017. This was reported by the Proxima Research analyst company*

Farmak JSC is the leader of the pharmaceutical market in terms of sales of “pharmacy basket” products in monetary terms as of 2017. This was reported by the Proxima Research analyst company*

“To be a leader in the Ukrainian market is honorable and at the same time very responsible  for us. Our quality policy and the introduction of state-of-the-art technology in production have once again proved to be effective. Today, 19 production lines of Farmak JSC comply with GMP requirements. This gives us the opportunity to produce high-quality medicinal products for both Ukraine and the European market,” commented Filya Zhebrovska, Chairman of the Supervisory Board of Farmak JSC.

In 2017 Farmak JSC invested more than 500 million UAH into the modernization and technical equipment of production and brought 21 products to the market. Pharmac PJSC is visited by approximately 15 international inspections on an annual basis, which enables the export of products to more than 20 countries.

In general, the pharmaceutical market of Ukraine was developing quite actively in 2017. According to Proxima Research*, sales of the pharmacy basket grew by 21.2% in 2017, that is by UAH72.7 billion. The share of medicinal products in sales is 84.1%.
Sales of all categories of “pharmacy basket” in monetary terms in 2017 amounted to UAH72.7 billion, which is 21.2% more than in 2016. Sales in packages make up 1.7 billion (+ 5.6%).

*According to Proxima Research data:

http://marketing.rbc.ua/news/24.01.2018/9158

 

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