Intellinews - Polish Pharmaceutical Sector Report

By Author: Bharat Book Bureau
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Bharat Book introduces a report "Intellinews - Polish Pharmaceutical Sector Report" This sector report is ideal to keep you abreast on recent company and industry news. Written by local professionals,

Description
The IntelliNews Polish Pharmaceutical Sector Report offers an extensive summary of the Polish pharmaceuticals production and distribution markets. It includes a complete coverage of market volume, sales dynamics, corporate news, accompanied by thorough statistics and comments. This sector report is ideal to keep you abreast on recent company and industry news. Written by local professionals, it is a unique market and business intelligence analysis, tailored to save time by providing in-depth information, while helping you to make confident and informed business decisions.

Summary
The Polish pharmaceutical market value (in gross retail prices) rose by 3.7% y/y to around PLN 22.3bn (EUR 5.4bn) in 2011, at a similar growth pace as in 2010, according to market estimates. Nonetheless, medicine sales turned on the negative side this year, affected by the new controversial reimbursement act enforced ...
... in January. Pharmaceuticals sales value dropped by approximately 4% y/y in Jan-Sep 2012, according to market data. The decline was noticeable not only on the retail level, but also in medicine output. According to our calculations based on official statistics, the pharmaceuticals sold production volume dropped by 9% y/y in Jan-Sep 2012. The pharmaceutical production index also slowed down visibly in Q1 and Q2 this year.

The new Drug Reimbursement Act, aimed at curbing reimbursement expenditure, became effective as of Jan 01, 2012, but started to show troubling effects on the market since the end of last year. The new law affects not only producers, but also distributors, pharmacies and hospitals and forces companies to rethink strategies and reduce headcount in order to cope with shrinking market.
Accordingly, players’ estimates expect some 13,000 jobs to be lost in the pharmaceutical industry.

While the legislation changes will predictably drive downwards this year the segment of prescription-based subsidized drugs, the OTC sector is expected to continue growing, also benefiting from the companies’ shifting focus to the segment, more flexible in terms of margins for wholesalers and pharmacies.

Executive summary
Market overview
Pharma market rises 3.7% y/y in 2011, turns on negative side in Jan-Sep 2012
New drug reimbursement act troubles pharmaceutical market
OTC sector expected to record positive y/y performance in 2012
Reimbursed drug segment to contract by PLN 2bn in 2012
Wholesale market expected to continue consolidating
Producers - Operations
Medana Pharma moves on with investments in upgrading production lines
Sandoz reportedly mulls PLN 125mn investment in new plant in Strykow
Sanofi inaugurates distribution centre near Warsaw
Slovenian Krka debuts on WSE in April
Adamed concentrates on boosting exports, OTC segment
Biogened increases exposure to dietary supplements, dermocosmetics in Q2
Mabion expands to Middle East markets

For more information kindly visit : http://www.bharatbook.com/healthcare-market-research-reports/intellinews-polish-pharmaceutical-sector-report.html

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