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Turnover of drug wholesale traders grew 6% last year

Photo: pixabay.com.
In 2017, turnover of drug wholesale traders in Latvia and abroad was EUR 846.76 million without VAT. Compared to the previous year, this means an increase of 6%, according to data compiled by State Agency of Medicines.

Wholesale traders continued increasing turnover of medicines in Latvia and other countries. The volume of medicines sold in Latvia grew 5% last year, forming EUR 469.16 million (without VAT). Outside of Latvia the volume of realized medicines grew 9%, reaching EUR 203.92 million (without VAT).

Among wholesale traders selling medicines, Recipe Plus remained in the lead in Latvia last year, having increased turnover by 5% when compared to 2016. SIA Tamro is second and SIA Magnum Medical is third turnover-wise.

Medicine turnover-wise, SIA Tamro was in the lead in Latvia in 2017. Compared to 2016, SIA Tamro increased its turnover of medicines outside of Latvia by 73%. Recipe Plus is second, and Baltacon is third with medicine turnover outside of Latvia up 14%.


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