🍪 Cookies

Χρησιμοποιούμε cookies για την αποθήκευση, πρόσβαση και επεξεργασία προσωπικών δεδομένων για να σας προσφέρουμε καλύτερη διαδικτυακή εμπειρία. Κάνοντας κλικ στην επιλογή Αποδοχή Cookies, συναινείτε στην αποθήκευση όλων των cookies και διασφαλίζετε την καλύτερη απόδοση του ιστότοπου. Μπορείτε να τροποποιήσετε τις προτιμήσεις cookie ή να αποσύρετε τη συγκατάθεσή σας κάνοντας κλικ στις ρυθμίσεις Cookie. Για να μάθετε περισσότερα σχετικά με τα cookies και τους σκοπούς, διαβάστε τα Πολιτική Cookie and Δήλωση Προσωπικών Δεδομένων.

Ρυθμίσεις cookies


Έλεγχος cookie

Τι είναι τα cookies;

Τα Cookies είναι μικρά αρχεία που καθιστούν δυνατή την πρόσβαση στην η υπηρεσία μας, η οποία παρέχει μοναδική αναγνώριση του προγράμματος περιήγησης ή της συσκευής σας. Τα Cookies λειτουργούν κανονικά αναθέτοντας έναν μοναδικό αριθμό στη συσκευή σας και αποθηκεύονται στο πρόγραμμα περιήγησής σας από τους ιστότοπους που επισκέπτεστε καθώς και από τρίτους παρόχους υπηρεσιών για αυτόν τον ιστότοπο. Με τον όρο cookies πρέπει να λαμβάνονται υπόψη άλλες τεχνολογίες όπως SDK, εικονοστοιχεία και τοπική αποθήκευση.


Εάν είναι ενεργοποιημένο

Μπορεί να σας αναγνωρίσουμε ως πελάτη που επιτρέπει προσαρμοσμένες υπηρεσίες, περιεχόμενο και διαφήμισεις, αποτελεσματικότητα υπηρεσιών και αναγνώριση συσκευών για βελτιωμένη ασφάλεια
Μπορούμε να βελτιώσουμε την εμπειρία σας με βάση την προηγούμενη συνεδρία σας
Μπορούμε να παρακολουθούμε τις προτιμήσεις σας και να εξατομικεύουμε τις υπηρεσίες μας
Μπορούμε να βελτιώσουμε την απόδοση της Ιστοσελίδας μας.


If Disabled

We won't be able to remember your previous sessions, that won't allow us to tailor the website according to your preferences
Some features might not be available and user experience reduced without cookies


Αυστηρά απαραίτητο σημαίνει ότι δεν είναι δυνατή η παροχή βασικών λειτουργιών του Ιστότοπου χωρίς τη χρήση τους. Επειδή αυτά τα cookies είναι απαραίτητα για τη σωστή λειτουργία και ασφάλεια των λειτουργιών και των υπηρεσιών του Ιστότοπου, δεν μπορείτε να εξαιρεθείτε από τη χρήση αυτών των τεχνολογιών. Μπορείτε ακόμα να τα αποκλείσετε στο πρόγραμμα περιήγησής σας, αλλά μπορεί να προκαλέσει τη δυσλειτουργία των βασικών λειτουργιών του ιστότοπου.

  • Ρύθμιση προτιμήσεων απορρήτου
  • Secure log in
  • Secure connection during the usage of services
  • Filling forms

Τεχνολογίες ανάλυσεις και παρακολούθησης της απόδοσης για την ανάλυση του τρόπου με τον οποίο χρησιμοποιείτε τον Ιστότοπο.

  • Most viewed pages
  • Αλληλεπίδραση με το περιεχόμενο
  • Error analysis
  • Testing and Measuring various design effectivity

The Website may use third-party advertising and marketing technologies.

  • Προωθήστε τις υπηρεσίες μας σε άλλες πλατφόρμες και ιστότοπους
  • Μετρήστε την αποτελεσματικότητα των εκστρατειών μας

Your retention will contact you in a few minutes with more information about this trading strategy.
ozios_close

{{ requiredField }}

{{ validEmail }}

{{ item.name }}
{{ item.dial_code }}

{{ validPhone }}

Το μήνυμά σας έχει αποσταλεί
Πάρα πολλές προσπάθειες. Δοκιμάστε σε 2 λεπτά
locked content icon
Αυτό το περιεχόμενο είναι κλειδωμένο
για να το ξεκλειδώσετε
return icon
πίσω
πίσω

What effect does current war have on pharmaceutical companies?

War has had a negative effect on most sectors so far, with the only sector that seems like it has been profiting from it are oil and gas companies. One sector that is also expected to get hit hard is pharmaceutical companies. Ukraine and Russia are countries, where many of them were doing trials, importing medicines, etc., which will be almost impossible for at least until the end of the war. In Ukraine it will not be possible to do any trials because of the geopolitical situation going on there and in Russia, of course, because of sanctions. In this analysis we will check, which companies are expected to get hit the hardest as well as what impact happened in history.

War has had a negative effect on most sectors so far, with the only sector that seems like it has been profiting from it are oil and gas companies. One sector that is also expected to get hit hard is pharmaceutical companies. Ukraine and Russia are countries, where many of them were doing trials, importing medicines, etc., which will be almost impossible for at least until the end of the war. In Ukraine it will not be possible to do any trials because of the geopolitical situation going on there and in Russia, of course, because of sanctions. In this analysis we will check, which companies are expected to get hit the hardest as well as what impact happened in history.

History

One, positive effect from the war was in First World War, when the most dangerous weapon used was toxic mustard gas, for which it turned out in the end it can destroy lymphatic tissue and it is the very beginning of chemotherapy treatments for cancer. By 1949, FDA approved using mustard gas for therapies, and it became the multibillion dollars industry.

In the late 1980s, Iraq had the largest healthcare budget of any country in the Middle East. But because of the leaders at that time, pharma in Iraq owed massive amounts of money to foreign pharmaceutical companies, which as a result stopped importing medicines and stopped cooperation with them.

Also, with the current war, we cannot exclude a possibility of cyber-attack, which for example in 2017 when Russian hackers supposedly attacked United States tax accounting software, costed Merck & Co. 1.3 billion dollars of damage.[1]

India

Besides European economy, India is also expected to take the big hit and that is the reason why country is hesitant to condemn Russia’s invasion with sanctions[2]. India is the third largest exporter of pharmaceuticals to Ukraine, right behind the Germany and France.

India exported more than 181 million dollars of pharmaceutical goods to Ukraine and about 600 million dollars to Russia in 2021 alone[3]. Russia’s Sputnik vaccine against Covid is also being manufactured in India. And just for comparison, Sun Pharmaceuticals – one of the biggest Indian pharmaceutical companies has a presence in more than 50 cities around Russia. Financial reports also showed 5 percent year over year growth in 2021 concerning export to Russia.[4]

Sun Pharmaceuticals is saying that for now their primary objective is the safety of their employees, along with meeting patient needs and business continuity[5]. It seems, that for now they will continue to do business with both countries, regardless the situation – or at least, they will try. But one thing is for sure – as long as the war will last, their business in the region will be limited.

ozios_1graf

Movement of Sun Pharmaceuticals in 5-year period. (Source: Trading Economics)[1][2]

*Price is in Indian rupees

Europe and USA

As mentioned in the previous paragraph, Germany and France are the biggest importers to Ukraine and Russia. For example, Germany’s chemical-pharmaceutical industry is expected to suffer, because 6 billion dollars’ worth of chemicals (around 2,4% of the country’s entire exports), went to Russia in 2021. Because of the sanctions that Western countries put on Russia, this profit can be almost forgotten.

The biggest problems for European pharmaceuticals are the number of clinical trials that are being done in both countries. It is reported that both countries have participated in international studies and clinical trials for more than a decade. In Ukraine it is estimated, that before the war there were around 500 studies in progress[8], while in Russia more than 1500[9]. War has disrupted the trials and normal functioning of companies, which will bring the delay in bringing results. However, companies for now are saying that the supply chain should not be disrupted, but it is a bold claim to make, especially in situations like this. The supply of lifesaving medications to and from the region are already being disrupted. The WHO recently reported that there is already an urgent shortage of oxygen for use in healthcare in Ukraine.[10]

Pharmaceutical companies are also worried for the price of their stocks. Because of the inflation, the value of them already went down, but now with sanctions over Russia, it is expected to drop even more – especially companies that are traded in roubles or that have very close ties with Russia.

Among the sanctions from the West, for now Pfizer said that they will continue to maintain drug supply to Russia, but they will stop any new clinical trials in the country. The company added that they had decided for this because if they would stop providing medicines to their patients, it would be against their foundational principle of putting patients first.

Among Pfizer, also other major companies announced that they weren't planning to cut Russia completely[11] of business plan. Some of them include Johnson & Johnson, Abbott, Merck as well as European Novartis. Many of them said that they will stop investments and new trials in Russia but will not stop the cooperation for now. 

ozios_2graf

Movement of Pfizer in 5-year period. (Source: Trading Economics)[6][7]

Many companies have decided to help Ukrainians. So far there has been over 4,7 million doses of essential medicines and over 28 million euros donated by multiple companies[12]. Among the biggest donors we can also find companies that said they will continue business with Russia[13].

Conclusion

As it can be read from the analysis, we can see that the only good thing that was brought to pharmaceutical companies was the mustard gas, which was also a coincidence that it can somehow cure cancer. Otherwise, wars and geopolitical tensions were bad or mostly negative for this sector. Companies will have to find new partners or alternative sources to fill the gap in supply and export, that will be created because of the war. 

______

[1] https://www.bloomberg.com/news/features/2019-12-03/merck-cyberattack-s-1-3-billion-question-was-it-an-act-of-war

[2] https://qz.com/india/2139065/russia-ukraine-war-may-spell-trouble-for-indias-pharma-sector/

[3] https://www.businesstoday.in/latest/corporate/story/russia-ukraine-war-can-impact-indias-pharma-sector-experts-warn-323814-2022-02-24

[4] Forward-looking statements are based on assumptions and current expectations, which may be inaccurate, or based on the current economic environment which is subject to change. Such statements are not guaranteeing of future performance. They involve risks and other uncertainties which are difficult to predict. Results could differ materially from those expressed or implied in any forward-looking statements.

[5] https://economictimes.indiatimes.com/news/economy/foreign-trade/pharma-companies-worried-as-exports-to-russia-ukraine-may-get-hit/articleshow/89810667.cms

[6] https://tradingeconomics.com/sunp:in

[7] Past performance is no guarantee of future results.

[8] https://www.labiotech.eu/trends-news/ukraine-war-europe-biotech/

[9] https://www.biospace.com/article/lessons-from-past-wars-could-offer-insight-for-biopharma-during-ukraine-war-/

[10] https://www.labiotech.eu/trends-news/ukraine-war-europe-biotech/

[11] https://www.beckershospitalreview.com/pharmacy/why-pharma-companies-aren-t-exiting-russia.html

[12] https://tradingeconomics.com/pfe:us

[13] Past performance is no guarantee of future results.

Αποποίηση ευθυνών

Το υλικό του παρόντος θεωρείται επικοινωνία μάρκετινγκ σύμφωνα με τους σχετικούς νόμους και κανονισμούς και ως εκ τούτου δεν αποτελεί αντικείμενο της απαγόρευσης της συναλλαγής πριν από τη διάδοση της έρευνας των επενδύσεων. Δεν έχει προετοιμαστεί σύμφωνα με τις νομικές απαιτήσεις που αποσκοπούν στην προώθηση της ανεξαρτησίας της έρευνας των επενδύσεων και δεν πρέπει να ερμηνεύονται ότι περιέχουν επενδυτικές συμβουλές ή μια σύσταση επενδύσεων ή προσφορά ή πρόσκληση για οποιεσδήποτε συναλλαγές σε χρηματοπιστωτικά μέσα. Το δημοσιευμένο περιεχόμενο προορίζεται μόνο για εκπαιδευτικούς/ενημερωτικούς σκοπούς. Δεν λαμβάνει υπόψη την οικονομική κατάσταση, την προσωπική εμπειρία ή τους επενδυτικούς στόχους των αναγνωστών. Η APME FX Trading Europe Ltd δεν εκπροσωπεί ότι οι παρεχόμενες πληροφορίες είναι ακριβείς, τρέχουσες ή πλήρεις. και ως εκ τούτου, δεν αναλαμβάνει καμία ευθύνη για τυχόν ζημίες που προκύπτουν από επενδύσεις με βάση το παρεχόμενο περιεχόμενο. Η προηγούμενη απόδοση δεν αποτελεί εγγύηση μελλοντικών αποτελεσμάτων.

Εκπτώσεις της Amazon σε μια ασυνήθιστη περίοδο

War has had a negative effect on most sectors so far, with the only sector that seems like it has been profiting from it are oil and gas companies. One...

Η Xiaomi παρουσιάζει το πρώτο της ηλεκτρικό αυτοκίνητο

War has had a negative effect on most sectors so far, with the only sector that seems like it has been profiting from it are oil and gas companies. One...

Η Electronic Arts πρέπει να προβεί σε απολύσεις για λόγους αναδιάρθρωσης

War has had a negative effect on most sectors so far, with the only sector that seems like it has been profiting from it are oil and gas companies. One...
Είμαστε διαθέσιμοι και στο +357 25 054 734 online icon
© 2024 APME FX TRADING EUROPE LTD

Προειδοποίηση κινδύνου: Τα CFD είναι πολύπλοκα μέσα και συνοδεύονται από υψηλό κίνδυνο ταχείας απώλειας χρημάτων λόγω μόχλευσης. 86,61% των λογαριασμών ιδιωτών επενδυτών χάνουν χρήματα κατά τη διαπραγμάτευση CFD με αυτόν τον πάροχο. Θα πρέπει να εξετάσετε εάν καταλαβαίνετε πώς λειτουργούν τα CFD και εάν έχετε την οικονομική δυνατότητα να αναλάβετε τον υψηλό κίνδυνο να χάσετε τα χρήματά σας. Διαβάστε τις Γνωστοποίηση Κινδύνου.