Tecnimede Business rises to 100 million

The Tecnimede Group expects for this year to have a business turnover of 100 million Euros, compared to the 95 million from the last year, said to agência Lusa Maria do Carmo Neves, Vice-President of the Portuguese pharmaceutical company.
The Tecnimede Group expects for this year to have a business turnover of 100 million Euros, compared to the 95 million from the last year, said to agência Lusa Maria do Carmo Neves, Vice-President of the Portuguese pharmaceutical company.

“We are not going to have a double-digit growth [will be of 5%] because we had a huge cut of 30% in the prices in Portugal," she said.

“This growth will be achieved due to the international area, because in the national area [the turnover] does not reach the level of the previous year", she pointed.

Tecnimede employs 540 people and is betting on an internationalization strategy, estimating that within one to two years to no longer depend on the internal market.
Currently, Tecnimede exports 40% of its products.

The Tecnimede Group acts essentially, in the area of generic medicinal products, whose prices have suffered at the end of last year, an administrative reduction of price on the order of 30%.

Besides Portugal, Tecnimede is present in Morocco and Spain.