Press Releases 2010

  On Saturday, March 27th, all lights and electrical appliances at Lavipharm's headquarters in Peania and at its subsidiaries in Patra, Kavala, Gianenna and Larissa will be turned off for one hour. Lavipharm, participating for the second time in the "Earth Hour", takes this symbolic action...

  Consolidated Turnover posted an increase of 5%, reaching Euro 249.8 million compared to Euro 238.0 million during 2008. International Sales have increased by 17%, accounting for 11% of Total Sales. Gross Profit reached Euro 39.5 million from Euro 37.4 million in the last period (+5.6%)....

Lavipharm close to next generation Lavipharm supported once again the Association of Youth Entrepreneurship which the last 8 years cooperates with the country's schools as an educational tool to today's students and future professionals. Through the course of Career Forum, Lavipharm's executives played for a while...

  In anticipation of the decrease in drug prices, as expected since the beginning of the year, sales have dropped drastically, due to warehouses’ and pharmacies' effort to reduce inventories. As a consequence, Lavipharm's Consolidated Turnover fell to Euro 54.1 million from Euro 59.7 million in Q1...

  At the opening of the Meeting, Lavipharm's Chairman & CEO, Dr. Athanase Lavidas, referring to the adverse economic situation, both at national and international level, highlighted: "Within this changing environment, and just before completing our first 100 years of operation, we, at Lavipharm, we promptly...

  Although, according to IMS data, sales of medicines from pharmacies to consumers dropped only by 0.4%, the turnover of pharmaceutical companies reported a substantial decline, due to the effort of both wholesalers and pharmacies to exhaust reserves (stock out). In particular, the weighted average decline...

  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. ...

  The anticipation of price changes announced by the government at the beginning of the year and implemented consecutively in June and September, led to a decrease in inventory levels throughout the supply chain and consequently to a significant drop in sales, influencing the gross margins...