Bulgaria’s Pharma Market up 6.9% Y/Y in Q1 – Market Researcher

Bulgaria’s Pharma Market up 6.9% Y/Y in Q1 – Market Researcher

Bulgaria’s pharmaceutical market grew by 6.9% on the year to 619 million levs ($438 million/317 million euro) in the first quarter of 2014, market research firm IMS Bulgaria said.

The pharmacy segment grew 5.0% on the year to 520 million levs, while the hospital segment expanded by 18% on the year, reaching 99 million levs, IMS Bulgaria said in a press release.

 “The key growing therapy areas of the Total market in Q1 of 2014 were oncology, diabetes, biologics, anti-infectives and anti-thrombotics,” it added.

The over-the-counter (OTC) market rose by an annual 5.3% to 153 million levs in the three months through March as cold and respiratory remedies posted growth of nearly 11% to 48 million levs, whereas nutritional supplements saw an increase by 9.0% to 14 million levs. Pain relievers generated 28 million levs in sales in the first quarter of the year, down by 3.3% from the same period in 2013.

Previous Next
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using

These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.

These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.

These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.