The study of the current state and trends of development of the foreign economic activity of domestic pharmaceutical companies

Authors

DOI:

https://doi.org/10.24959/sphhcj.19.159

Keywords:

foreign economic activity, pharmaceuticals, pharmaceutical enterprise, export, import

Abstract

Aim. To study the current state and trends of the foreign economic activity of pharmaceutical enterprises.
Materials and methods. The methods of analysis, synthesis and generalization of mathematical statistics
were used in the article. As materials statistical data on the foreign economic activity of pharmaceutical enterprises were applied.
Results. It has been determined that the foreign economic activity is implemented by a pharmaceutical enterprise in the form of export of finished medicines, import of active pharmaceutical ingredients, basic and auxiliary materials, equipment, as well as providing services. Export-import operations of domestic pharmaceutical enterprises analyzed indicate an increase in imports of active pharmaceutical ingredients, basic and auxiliary materials, etc., and a decrease in export operations. The main suppliers of active pharmaceutical ingredients, basic and auxiliary materials, which include Germany, Russia, Italy, China, Belarus, Georgia, Poland, Switzerland and Spain, have been identified. The countries, in which medicines are exported by domestic pharmaceutical enterprises, are given. The dynamics of balance of foreign trade operations of domestic pharmaceutical enterprises has been studied. There is a tendency to increase the share of export products in sales revenue and gross profit of the pharmaceutical enterprises studied. The trade balance
of the enterprises studied is characterized by the excess of imports over exports due to the import of API, basic and auxiliary materials. The average growth rate of the general trade balance is 0.38. The SWOT-analysis
has been conducted, and the strengths and weaknesses of the foreign trade activities of domestic pharmaceutical
companies have been identified.
Conclusions. Today, the activities of domestic pharmaceutical enterprises are import-dependent, and
it determines the urgency of increasing their export potential, reducing the risks of the foreign economic
activity and establishing foreign economic relations.

Author Biographies

N. V. Zakharko, National university of pharmacy

post-graduate student of the Department of Processes and Apparatuses of Chemical and Pharmaceutical
Industries

R. V. Sahaidak-Nikitiuk, National university of pharmacy

Doctor of Pharmacy (Dr. habil.), head of the Department

N. V. Demchenko, National university of pharmacy

Candidate of Economics (Ph.D.), associate professor of the Department of Processes and Apparatuses
of Chemical and Pharmaceutical Industries

References

Kalinesku, T. V., Remanevska, Yu. A., Antipov, O. M. (2015). Mytnyi menedzhment. Sievierodonetsk: Vyd-vo SNU im. V. Dalia, 371.

Alekhin, A. B. (2011). Vіsnik Khmelnitckogo unіversitetu, T. 2 (4), 12.

Kasian, V. V. (2016). Vodnyi transport, 1, 147–152.

Kotvitska, A. A. Voronina, O. M., Kubarieva, I. V. (2016). Proceeding from Farmatsiia KhKhI st.: tendentsii

ta perspektyvy : materialy VIII Natsionalnoho z’izdu farmatsevtiv Ukrainy (13-16 veresnia

roku).(Vols. 1-2; Vol. 1). (pp.229). Kharkiv: NFaU.

Nemchenko, N. S., Nazarkina, V. M., Panfilova, H. L. et al. (2017). Orhanizatsiia ta ekonomika farmatsii. Ch. 1. Orhanizatsiia farmatsevtychnoho zabezpechennia naselennia. Kharkiv: NFaU: Zoloti storinky, 327.

Kabachna, A. V. (2017). Farmatsevt Praktyk, 3, 4–6.

Zarichkova, M. V. (2008). Optymizatsiia zovnishnotorhovelnoi diialnosti na vitchyznianomu farmatsevtychnomu rynku. Candidate’s thesis. Kharkiv. Available at: http://www.disslib.org/optymizatsiazovnishnotorhovelnoyi-dialnosti-na-vitchyznjanomu-farmatsevtychnomu.html

Zvit Antymonopolnoho komitetu Ukrainy zarezultatamy doslidzhennia farmatsevtychnykh rynkiv za 2016 rik. Available at: http://www.amc.gov.ua/amku/doccatalog/document?id=12257

Derzhavna sluzhba statystyky Ukrainy. Available at: www.ukrstat.gov.ua

Eurostat - European Commission. Available at : http://epp.eurostat.ec.europa.eu/portal/page/portal/publications/recently_published

Downloads

Published

2019-09-03

Issue

Section

Organizational and socio-economic bases of pharmaceutical activities