1 Search results for: pharmaceutical

The story of recovery: how the Ukrainian pharmaceutical market is getting over the crisis

December 21, 2018

The story of recovery: how the Ukrainian pharmaceutical market is getting over the crisis

Hryvnia devaluation in 2015 prompted Ukrainians to opt for more affordable domestic medicines instead of expensive imports. It soon affected the situation on the entire pharmaceutical market. Despite the crisis, an increase in unit sales (by packages sold) stimulated local companies to invest extra money in production facilities and new products.

A state reimbursement program became another driver for the domestic pharmaceutical industry: the state is returning the cost of some drugs. The Mind has stud…

Read more