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Azerbaijan's revenues from pharmaceuticals sales grow

Business Materials 25 July 2020 19:42
Azerbaijan's revenues from pharmaceuticals sales grow

BAKU, Azerbaijan, July 25

By Nargiz Ismayilova - Trend:

The retail trade turnover of pharmaceutical products and medical supplies in Azerbaijan totaled 319.6 million manat ($188 million) in the first half of 2020, Trend reports citing a report of the State Statistical Committee.

According to the committee, the retail turnover of pharmaceutical products and medical supplies for the reporting period increased by 34.5 percent compared to the indicator of the same period of 2019, which was 236.7 million manat ($139.2 million).

The share of sales of pharmaceutical products and medical supplies in the total retail trade turnover of the country reached 1.7 percent, the committee noted.

“In the first six months of this year, the output of the main types of Azerbaijani products in the pharmaceutical industry, in particular, medicines containing antibiotics, packaged for retail trade, totaled 12,500 manat ($7,352)," said the report.

The volume of other drugs not included in other groups, packaged for retail trade,totaled 403,800 manat ($237,530).

(1 USD = 1.7 manat on July 25)

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