Medimfarm’s results come after a 2019 when it first overshot the RON100 million mark, and the COVID-19 pandemic led to a sales peak in March and April 2020. Moreover, new products such as the rapid COVID-19 tests, which can be purchased from many pharmacies’ websites, brought new customers to pharmacies.

Medimfarm,  indirectly owned by businessman Mihai Anastasescu, posted profit for the first time in 2020, RON785,000, Finance Ministry data shows. The regional  chain has 58 pharmacies in several counties, such as Prahova, Buzau, Iasi, Calarasi and Bucharest, the corporate website says.

(English version by Loredana Fratila-Cristescu)