Due to the new law, the number of pharmacies in Russia may be halved
Rigla, Russia's largest pharmacy chain, may close almost half of its outlets due to a new draft law by the Ministry of Industry and Trade that allows grocery stores to sell over-the-counter drugs, Alexander Filippov, CEO of the chain, said at a meeting of Delovaya Rossiya. The participants in the meeting argue that the law will lead to an increase in prices for prescription drugs by 11%-16%, which will cost buyers 51-75 billion rubles a year.