Drug sales grew 46.3% year-on-year in the third quarter

The pharmaceutical industry’s sales rose by 46.3% year-on-year in the third quarter of the year, according to data provided this Thursday by the INDEC. The increase mainly explained by the Covid-19 pandemic, the high exchange rate gap and increases in the price of medicines. The data showed that the turnover of national production rose by 46.5% and represented 71.2% of the total while local sales of imports grew by 45.8% and concentrated the remaining 28.8%.

Source: Ámbito