Share of cheap drugs rapidly declining in Russia
The share of cheap drugs in the Russian pharmaceutical market is steadily declining, while in the last three years their overall range in the market has declined two-fold, reports The Pharma Letter’s local correspondent.
According to Russian pharma analytics agency DSM Group, in 2023, the overall range of drugs in Russian pharmacies fell by 11% compared to the previous year - from 21.600 to 19.400 trade items, and the decline is ongoing.
The largest drop over the year was observed in case of the cheapest drugs with the cost of $1.50-$2.00. Their number decreased by 24% year-on-year - from 5.700 trading positions in 2022 to 4.600 units.
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