Turnover of medicines manufacturers in Latvia last year - 11% higher than in 2016

12.04.2018.

Turnover of medicines manufacturers in Latvia last year - 11% higher than in 2016

The State Agency of Medicines informs that the total turnover of products (medicines and other goods) produced by manufacturers in Latvia in 2017 was 174 million EUR (excluding VAT), which is an 11% increase in comparison with 2016.

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Last year sales of medicinal products in Latvia decreased by 0.4%, comprising 16.84 million EUR. Whereas sales of medicinal products outside of Latvia increased by 14% and reached 140.35 million EUR. Read more