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Pharmstandard boosts sales
Pharmstandard's sales grew 40 percent, from RUB 4.426bn (approx. USD 191m) in the first half of 2007 to RUB 6.199bn (approx. USD 267m) in January-June 2008, the Russian pharmaceutical company said in a statement on Wednesday.
Specifically, sales in the pharmaceutical segment jumped 50 percent to RUB 5.673bn (approx. USD 245m).
As reported earlier, Pharmstandard's revenue under IFRS climbed 42.4 percent to USD 446m in 2007 compared to the previous year.