Skip to content
Advertisement

Business

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.

More from Business All