During H1 2012, in an environment characterized by a political instability and recession rates, Lavipharm focused on enhancing its export activities, sustaining its market shares and strengthening its competitiveness while reducing operational costs and increasing productivity. In H1 2012, consolidated financial results were significantly affected by...
During the first quarter of 2012, in an extremely unstable and uncertain economic and political environment, Lavipharm followed a long-term plan to increase productivity and enhance its export activities. At the same time, Lavipharm continued to strengthen its extroversion and to seek new opportunities and...
Lavipharm has entered into a cooperation agreement with the Belgian medical plant specialist Tilman in the sector of plant based pharmaceutical products. Tilman is one of the largest companies in Europe and its plant originated products are marketed in 30 countries around the world. Tilman laboratories, established 50 years...
In this environment, Lavipharm mainly focused on the enhancement of its export activities. At the same time, despite the constant twists and instability that prevailed and obstructed the business plans, the Company followed a long-term plan to boost sales in the domestic market and to...
In a difficult financial environment, with constant changes in the legal framework of the health sector, and especially in pharmaceuticals, Lavipharm has further strengthened its extrovert activities, aiming to an even greater growth of exports. At the same time, the company implemented its long-term plan to...
In this environment, the consolidated turnover of Lavipharm reached 198.4 million Euros compared to 249.8 million Euros for the corresponding period in 2009. Due to the fall of pharmaceuticals' prices, Gross profit dropped to 31.7 million Euros from 39.5 million Euros in 2009. In Lavipharm,...
The turmoil created in the Greek pharmaceutical market since the beginning of the year has seriously affected the turnover of pharmaceutical companies. The anticipation of price changes announced by the government at the beginning of the year and implemented consecutively in June and September, led...
In the context of the ASE regulations and under the 3/347/12.07.05 Board Resolution of Hellenic Capital Market Commission, Lavipharm advises that Mr. Ioannis Alexiades assumes the responsibility of Internal Auditor replacing Mr. Georgios Gemelos....
During the first semester of 2010, turmoil was created in the Greek pharmaceutical market, in anticipation of price reductions which were announced by the government at the beginning of the year but were implemented early June. Although, according to IMS data, sales of medicines from...
The turmoil created in the pharmaceuticals' market during the first quarter of 2010 -which continues until today- has significantly affected Lavipharm's Financials. In anticipation of the decrease in drug prices, as expected since the beginning of the year, sales have dropped drastically, due to warehouses...
