Between 2008 and 2013 the income generated by sales in pharmacies established in the country grew by 61% reaching $405 million last year.
The four strongest and most competitive market chains have opened new points of service have expanded their investments and plan to give the same continuity in 2015, despite the fact that a slight reduction in the historical rate of growth in the sector is expected, of approximately 2%.
Six thousand products, including medicines, raw materials and those from the food industry are waiting to get new health registrations or renewals.
Although in the last two years there has been an improvement in registration times, at the moment it takes about a year to register a new medication, said Rodrigo Salas, president of the Costa Rican Association of Health Registrars (Asocores).
More than 1,000 drugs must wait 10 months to get a health certificate of registration granted by the Costa Rican Ministry of Health.
Health Ministry figures show that there are currently 1215 different drug applications awaiting registration.
The delay in registration is mainly due to the rejection of about 80% of the applications received for lacking the required information, said Arias Xinia from the Customer Service department at the Ministry of Health.
More than 2.000 products are up to seven months behind in obtaining the required health certifications to be commercialized in the country.
The Health Ministry informed that in April they had 2.500 pending products, but the figure is not consistent with data from Asocores, the Costa Rican Association of Health Registrars, which states that the ministry has 5.100 pending products.
Laboratorios Microsules is a Uruguayan company, which has been in both, the local and international market for twenty years, manufacturing, synthesising, commercialising and distributing medicines for animal health.
Operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama
Phone: (00598) 98165211 - (00598) 99728874