The growth rate slowed down in 2011, after double-digit growths in previous years. In 2010, the pharmaceutical market rose 19.6% on the year.
However, the drug market remains one of the most dynamic sectors in the economy, which this year emerged from recession.
On the other hand, many players in the industry say the rise is artificial, i.e. generated by parallel exports – drugs bought in Romania at lower prices and resold to countries where prices are higher.
Despite the problems facing the market (liquidity crisis generated by the state’s delayed payments), a quick look at the drug market reveals that between 2004 and 2011 sales were up 250%.
(English version by Daniela Stoican)