DOI: https://doi.org/10.15587/2519-4852.2019.165640

Study of factors affecting on the development of the pharmaceutical sector enterprises

Karina Golubtsova, Rita Sahaidak-Nikitiuk, Natalia Demchenko

Abstract


Aim. The aim of the article is to study the factors influencing the development of enterprises in the pharmaceutical sector.

Materials and methods. Methods used in the study include methods for analysis and synthesis, mathematical statistics, and econometric and mathematical methods. The data used in the analysis were presented in the statistical yearbook of Ukraine.

Results. The present state and trends of development of enterprises of the pharmaceutical sector are investigated. The dynamics of changes in consumer price indices for pharmaceutical products and the volume of its sales in 2011-2018 testifies to excess of a rise in prices over growth in sales volumes. The analysis of the pharmaceutical market of Ukraine highlighted an increase of 11 % in the volume of pharmaceutical products in US dollars. The negative factors of the pharmaceutical sector development in Ukraine include the reduction of purchasing power of citizens. The comparison of the share of foreign and domestic producers in the domestic pharmaceutical market shows that the Ukrainian drugs are more accessible to the user. The analysis of world experience has highlighted that in Ukraine the lowest indicators of population spending on the purchase of medicines; while in Poland, Hungary, Bulgaria this figure is 4 times higher. By the number of pharmacies - in Ukraine, the highest figures in absolute terms. Applied methods of mathematical statistics, which allowed revealing the continuity of nonfunctional relationships between random variables, which allow establishing the connection between the net result (profit) and the size of the stocks of pharmaceutical enterprises in the Kharkiv region.

Conclusions. The study of the current state and trends of the pharmaceutical sector enterprises allowed to conclude that profitability depends on the organization of logistics management (inventory control), which will allow them to get rid of unnecessary costs and reach a new level of production of modern medicines


Keywords


pharmaceutical enterprise; pharmaceutical sector; management; development trends; stocks; medicines

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References


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GOST Style Citations


Hromovyk B. P. Standarty farmatsevtychnoho upravlinnia // Farmatsevtychnyi zhurnal. 2004. Issue 3. P. 18–28.

Hromovyk B. P., Tereshchuk S. I., Chukhrai I. L. Orhanizatsiia ta ekonomika farmatsii / ed. by Hromovyk B. P., Tereshchuk S. I. Vinnytsia: NOVA KNYHA, 2009. 816 p.

Gholamhossein M., Hosein S. The Importance of Competitiveness in New Internationalized and Competitive Environment of Pharmaceutical Industry // Iranian journal of pharmaceutical research. 2014. Issue 13 (2). Р. 351–352.

Frolova H. I., Frolova V. Yu. Konkurentospromozhnist pidpryiemstv farmatsevtychnoi haluzi Ukrainy // Visnik Berdianskoho universytetu menedzhmentu i biznesu. 2012. Issue 1 (17). P. 146–152.

Kotvitska A. A., Kostiuk V. H. Doslidzhennia suchasnykh pidkhodiv do formuvannia asortymentnoi polityky vitchyznianykh farmatsevtychnykh pidpryiemstv // Sotsialna farmatsiia v okhoroni zdorovia. 2016. Vol. 2, Issue 2. P. 37–43.

Kotvitska A. A. Metodolohiia sotsialnoi spravedlyvosti farmatsevtychnoho zabezpechennia naselennia // Farmatsevtychnyi zhurnal. 2008. Issue 2. P. 8–12.

Kutsenko V. Zdorovia natsii yak stratehichnyi resurs derzhavy // Visnyk Natsionalnoi Akademii Nauk Ukrainy. 2009. Issue 6. P. 44–51.

Lebedynets V. O., Kovalenko S. M. Otsiniuvannia, analizuvannia ta upravlinnia ryzykamy dlia yakosti na farmatsevtychnomu pidpryiemstvi // Upravlinnia, ekonomika ta zabezpechennia yakosti v farmatsii. 2011. Issue 6 (20). P. 10–15.

Nemchenko A. S., Khomenko V. M., Yarmola I. K. Ekspertna otsinka problem derzhavnoho ta rehionalnoho upravlinnia farmatsevtychnoiu haluzziu // Farmatsevtychnyi zhurnal. 2008. Issue 1. P. 3–9.

Pestun I. V., Mnushko Z. M. Stan ta perspektyvy makrootochennia na diialnist farmatsevtychnykh orhanizatsii v Ukraini // Upravlinnia, ekonomika ta zabezpechennia yakosti v farmatsii. 2008. Vol. 1, Issue 1. P. 8–14.

Lohistychnyi menedzhment farmatsevtychnoho pidpryiemstva: monograph / Posylkina O. V., Sahaidak-Nikitiuk R. V., Zahorii H. V., Horbunova O. Yu., Yurchenko A. P. Kharkiv: NFaU, 2011. 772 p.

Derzhavne upravlinnia okhoronoiu zdorovia v Ukraini: henezys i perspektyvy rozvytku / ed. by Bilynska M. M., Radysh Ya. F. Kyiv: NADU, 2013. 424 p.

The Pharmaceutical Industry in Figures. The European Federation of Pharmaceutical Industries and Associations. URL: https://efpia.eu/publications/downloads/efpia/2018-the-pharmaceutical-industry-in-figures/

Singh A., Henske P. Has the Pharmaceutical Blockbuster Model Gone Bust? A New Bain & Company Reveals New Drug Commercialization Costs Have Now Reached $1.7 Billion While ROI Has Plummeted to Just 5 %. 2003. URL: https://www.businesswire.com/news/home/20031208005181/en/Pharmaceutical-Blockbuster-Model-Bust-New-Bain-Company

Statystychnyi shchorichnyk Ukrainy. URL: http://www.ukrstat.gov.ua/druk/publicat/kat_u/publ1_u.htm

Problemy i perspektyvy diialnosti farmatsevtychnykh kompanii v Ukrainu. URL: https://pro-capital.ua/press_center/procapprog/view/12/

Butnyk O. M. Ekonomiko-matematychne modeliuvannia perekhidnykh protsesiv u sotsialno-ekonomichnykh systemakh: monograph. Kharkiv: Vyd.Dim «Inzhek»; SPD Liburkina L. M., 2004. 304 p.

Nakonechnyi S. I., Savina S. S. Matematychne prohramuvannia: textbook. Kyiv: KNEU, 2004. 432 p.

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Prokopenko I. F., Hanin V. I., Petriaieva Z. F. Kurs ekonomichnoho analizu: textbook / ed. by Prokopenko I. F. Kharkiv: Lehas, 2004. 384 p.







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