Pharmacy market grows 4.6% y/y to PLN 3.11 bln in March

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The value of pharmaceutical products increased by 4.6 percent y/y to PLN 3.11 billion in March, and is expected to grow to PLN 33.92 billion (a 2.8 percent increase) for the entire 2018, according to a report prepared by PEX PharmaSequence. The revenue of an average pharmacy stood at PLN 206,000 in March (3.5 percent growth y/y) and its profit margin increased by 0.1 pp y/y to 25.2 percent.

Sales of full-price prescription drugs declined by 0.9 percent y/y to PLN 662 mln, while sales of subsidized prescription drugs came in at PLN 1.074 billion (up by 1.3 percent y/y). Over-the-counter drugs sales grew by 10.4 percent y/y to PLN 1.354 billion.

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