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On which drugs are spending money the Russians

August 7 2007

As reported by analysts RMBC (GC Remedium), for the first six months of 2007, the retail market of drugs in Russia grew by 24% in ruble terms over the same period last year.

Thus, the volume of retail FPP reached 2.98 billion USD in wholesale prices and 3.89 billion dollars in retail prices (excluding FRP).

Top ten leading brand names remained relatively stable. Significant dynamics of growth of pharmaceutical sales showed Arbidol (+61%), thus strengthened the position of market leader.

Second in the ranking was Actovegin, and closes the top three leading trade names by pharmacy sales in the I half of 2007, Viagra.

Analysts conclude that the consumption of medicines in pharmacies has increased markedly in the I half of 2007, twice beating the rate of growth rate of real incomes of the population (+11%) and turnover of all retail sales (+14%) over the same period. Reports "General Newspaper".

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