SEMPORA MARKET SURVEY: THE UK PHARMACY MARKET 2008
"Tougher competition in the UK pharmacy market will lead to the loss of another 1,200 pharmacies in the next five years"
The strong growth of retail chain and supermarket pharmacies along with recent changes to the Pharmacy Contract, new POM-to-P switches, increasing numbers of generic and retail own label products and falling retail prices for OTC medicines, make the UK an increasingly tough market, according to a survey conducted by the management consultancy SEMPORA Consulting.
Current market conditions and future developments are increasing pressure on pharmaceutical companies and UK retail pharmacies to overhaul their strategies for marketing, sales, product portfolios and pricing.
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