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.
In a market where large chain pharmacies are operating, sales have been growing steadily in recent years, reaching a turnover in 2014, of $402 million, according to data from Euromonitor.
An article on Nacion.com reports that "...Among movements such as the change of command of Cefa-Fischel, acquired by the national company Cuestamoras on 2 July, the competition is trying to differentiate itself in service values. "
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.
The purchase request was filed with the Commission to Promote Competition by Cuestamoras on May 8, and is subject to approval.
New distributors, more chain pharmacies and new alliances are examples of the dynamism in the sector.
One example is the newly founded company KPO Alpha, dedicated to distribution, which has found an interesting market opportunity: independent pharmacies, a business where the partners Leonardo and Maria Acuna, together with their team cater to around 260 shops.