Argentine Pharmacies Flourish, Despite Controls

May 2006 | Company Finance Alert

New pharmacies in Argentina are opening at a rate of 1,500 annually, according to local market researchers. The data implies that with around 12,000 outlets, the local drug retail sector is expanding at 10% per year, while drug sales have expanded by an annual average of 11% since 2001. Non-pharmaceutical products have boosted the sector's revenues by a further four percentage points in the

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