Winners and Losers in Drug Store WarsCorporation Cefa-Fischel is gaining more and more of the market share in Costa Rica, with tactics that are being denounced as anti-competitive business practices.Monday, July 2, 2012
An article by César Quirós Brenes in Elfinancierocr.com reports on up to what point Cefa-Fischel Corporation has reached in the drug retail sector in Costa Rica: "Of the 950 active pharmacies as of 15 June, 67 (7% of total) are Fischel stores. Just this year new 10 stores have been reported by the chain. Source: elfinancierocr.com Growing Pharmaceutical Market in Costa RicaJuly 2015 In the last five years 63 new pharmacies and retail outlets began operating, reaching a turnover of $402 million in 2014, 70% more than in 2009. Pharmaceutical Company Changes Hands in Costa RicaJune 2015 The Cuestamoras group has announced the purchase of a majority in the Cefa-Fischel corporation, which operates a chain of pharmacies present in Costa Rica and Nicaragua, in addition to laboratories and other drug distributors. Pharmacy War Goes to Competition TribunalJune 2012 In Costa Rica, Compañía Farmacéutica S. A. (Cofasa) has filed a suit over monopolistic acts by the Corporation which owns the Fischel pharmacies . Costa Rica: Competition Intensifies in Pharmaceutical SectorSeptember 2010 Walmart and CEFA trigger increased competition among drugstore chains by seeking to gain market share.
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