Pharmaceuticals market facing downturn despite 17% increase in revenues
In the first nine months of 2001, Poles spent zl.7.2 billion on medicines, o
r 17% more than in the same period of 2000. According to a report by market
research company Azyx Polska, "The rise in the numbers is a result of severa
l factors. Firstly, medicines used in treatment tend to be more expensive. S
econdly, the official prices of pharmaceuticals were increased in January. F
inally, Poles are more prone to using medicines available on prescription, w
hich are generally more expensive." The report concludes that the market is
entering a period of decline caused by the economic slowdown and rising unem
ployment. (Rzeczpospolita, Oct. 20-21, p. B3) J.K.