List of best pharmaceutical companies in Bulgaria

The pharmaceutical companies in Bulgaria are expressing new developments each day.

In 2018, the Bulgarian pharmaceutical market grew by 5.9 percent to $ 2 billion compared to 2017, outperforming other fast-growing markets in the Central and Eastern Europe region; however, this was the first double-digit growth decline recorded in ten years.

There was an estimate that 3.0% of Bulgaria’s GDP was spent on pharmaceuticals in 2018, which is well above the historical average.

An increase in hospital spending on innovative drugs was a major driver of market growth, but this was mainly due to the increasing demand for innovative drugs.

Bulgaria’s health expenditure as of 2018 was $ 5.3 billion, which translates into a per capita health expenditure of $ 743.

The share of public health expenditure in total health expenditure has continued to increase over the past decade, suggesting the improvement of access to health care and the development of a fair health system in Bulgaria.

However, the share of own and private expenditure in total health expenditure remains high.

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Pharmaceutical Industry in Bulgaria

An aging population offers pharmacy operators a growing number of loyal customers and stable demand.

The market is also one of the most established among the Bulgarian retail subsectors. The leading chain Apteka Mareshki has more than 300 pharmacies and three other chains with more than 45 pharmacies, including the only foreign brand DM Pharma.

Given the population of Bulgaria, there is more room for the market to grow. As several large players are already established, consolidation is likely as some of the pharmacy chains are large enough to acquire smaller regional competitors in the medium and long term.

The Bulgarian pharmaceutical distributor Sopharma Trading (part of Sopharma Bulgaria’s second-largest pharmaceutical company and one of the oldest companies in the country) entered the retail market in mid-2017 and has expanded rapidly since then. The company has expanded into 10 cities with 56 pharmacies under the Sopharmacy brand.

Top Pharmaceutical Companies in Bulgaria

Here’s a list of some of the top pharmaceutical companies in Bulgaria:

Actavis Актавис

Located in: Rainbow Plaza

Address: “Nikola Y. Vaptsarov” 53-Б, 1407 Promishlena zona Hladilnika, Sofia, Bulgaria

Phone: +359 87 734 6602

Website: http://www.actavis.bg/

Adifarm

Address: Boulevard “Simeonovsko Shose 130, 1700 Sofia, Bulgaria

Phone: +359 2 860 2000

Website: http://adipharm.com/

Alta Farmasyutikals

Located in: Abacus

Address: Bulevard “Bulgaria” 118, 1618 Manastirski Livadi, Sofia, Bulgaria

Phone: +359 2 854 9701

Alvogen Bulgaria

Address: Bulevard “Bulgaria” 86а, 1680 Manastirski Livadi, Sofia, Bulgaria

Phone: +359 2 441 7136

Angelini Pharma

Address: bul. “Asen Yordanov” 10, 1592 g.k. Druzhba 1, Sofia, Bulgaria

Phone: +359 2 975 1395

Website: https://www.angelini.bg/

Arishop Pharma

Address: София, бул. Рожен 24, Bulgaria

Phone: +359 2 810 3949

AstraZeneca

Address: pl. “Dragan Tsankov” 36, 1113 g.k. Izgrev, Sofia, Bulgaria

Phone: +359 2 971 2533

Website: https://www.astrazeneca.bg/

Balkanpharma Dupnica

Address: Дупница, ул. САМОКОВСКО ШОСЕ 3, Bulgaria

Website: https://www.teva.bg/about-teva/production/

BB Pharm

Address: bul. “General Eduard I. Totleben” 28, 1606 Sofia Center, Sofia, Bulgaria

Phone: +359 87 862 0286

Website: http://www.bbpharm.eu/%D0%BA%D0%BE%D0%BD%D1%82%D0%B0%D0%BA%D1%82%D0%B8/

Chemax Pharma Ltd

Address: ul. “Goritsa” 8А, 1618 kv. Ovcha kupel, Sofia, Bulgaria

Phone: +359 2 955 6298

Website: http://www.chemaxpharma.com/

DANHSON

Address: ul. “Otets Paisii” 26, 2400 Radomir, Bulgaria

Phone: +359 2 451 9300

Website: https://danhson.bg/

DJI I Farmasyutikals

Address: Botevgrad, Industrialna Zona Chekanitsa Yug, 2140 Botevgrad, Bulgaria

Phone: +359 72 362 613

Website: https://ge-ph.com/

Ekofarm

Address: bulevard “Cherni vrah” Blvd 14, bl. 3, 1421 g.k. Lozenets, Sofia, Bulgaria

Phone: +359 2 963 1597

Galena-Pharma

Address: 4462 Kalugerovo, Bulgaria

Phone: +359 34 444 531

Website: https://galenpharma.net/

Huvepharma

Address: ul. “Nikolay Haytov” 3А, 1113 g.k. Iztok, Sofia, Bulgaria

Phone: +359 2 862 5331

Website: http://www.huvepharma.com/

Medica AD

Address: 5 Lachezar Stanchev Str. Sopharma Business Towers Building, 1756 Sofia, Bulgaria

Phone: +359 2 960 0330

Website: http://www.medica.bg/

MERCK BULGARIA

Located in: Serdika Center

Address: София, бул. Ситняково 48, Сердика офиси, ет. 6, 1505, Bulgaria

Phone: +359 2 446 1111

Website: https://www.merckgroup.com/en/worldwide/merck-in-bulgaria.html

Micar Innovation (Micar21)

Address: street, ul. “Karamfil” 38A, 1616 Gardova glava, Sofia, Bulgaria

Phone: +359 88 853 1345

Website: http://micar21.com/

MIP Farma

Address: Plovdiv, Rositsa St 5А, Bulgaria

Phone: +359 32 636 655

MONROL BULGARIA LTD.

Address: ul. “Bansko shose” 128, 1331 kv. Republika, Sofia, Bulgaria

Phone: +359 2 824 1213

PharmaLex Bulgaria JSC

Address: 11-13 Yunak Str, 1612 Sofia, Bulgaria

Phone: +359 2 437 3779

Website: http://www.pharmalex.com/

Phoenix pharma

Address: А 1734, ul. “Okolovrasten pat” 199, Sofia, Bulgaria

Phone: +359 2 965 8100

Website: https://www.phoenixpharma.bg/

Plamar

Address: ul. “Tsar Simeon” 30, 4023 “Trakia” Industrial Zone, Plovdiv, Bulgaria

Phone: +359 32 682 222

Website: http://www.plamar-bg.com/

Polpharma Bulgaria

Address: Boulevard “Simeonovsko Shose 85 “З, вх.Б, 1734 Studentski Kompleks, Sofia, Bulgaria

Phone: +359 2 440 0843

Website: https://polpharma.bg/

QUINTILES BULGARIA – QSOF

Located in: Mall Of Sofia

Address: bul. “Aleksandar Stamboliyski” 101, 1303 Zona B-5, Sofia, Bulgaria

Phone: +359 2 939 0690

Website: http://quintiles.com/

Renifarma

Address: Dupnitsa, Tyutyuneva dolina St 20, Bulgaria

Phone: +359 701 512 94

Website: http://www.renypharma.com/

S&D Pharma Logistics BG Ltd

Address: бул. „Цариградско шосе“ 425, 1137 Sofia, Bulgaria

Phone: +359 88 822 0858

Sanofi Bulgaria ЕООД

Located in: CAPITAL FORT

Address: Capital Fort, Boulevard “Tsarigradsko shose” 90, 1784 7-Mi Kilometar, Sofia, Bulgaria

Phone: +359 2 970 5300

Website: http://www.sanofi.bg/

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Servier

Located in: Landmark Centre

Address: bul. “Tsar Osvoboditel” 14, 1000 Sofia Center, Sofia, Bulgaria

Phone: +359 2 921 5700

Website: http://www.servier.bg/

Sevex Pharma

Address: ul. “Krichim” 76, 1164 g.k. Lozenets, Sofia, Bulgaria

Phone: +359 2 865 0426

Website: https://sevexpharma.com/

Sopharma

Address: ul. “Iliyansko Shose” 16, 1220 NPZ Voenna rampa, Sofia, Bulgaria

Phone: +359 2 405 5200

Website: http://www.sopharmagroup.com/

Sopharma AD  

Address: bul. “Rozhen” 39, 1271 promishlena zona Iliyantsi, Sofia, Bulgaria

Phone: +359 2 405 5200

Website: http://www.sopharma.bg/

Subra Pharmacy

Address: бул. “Александър Малинов”, Бизнес парк, сграда №3, Bulgaria

Phone: +359 88 407 0985

Website: http://www.subra.bg/

Sudachim

Address: ul. “Yordan Stubel” 10А, 1700 Kv. Vitosha, Sofia, Bulgaria

Phone: +359 2 860 1571

Website: http://sudachim.alle.bg/

Tchaikapharma High Quality Medicines Corp.

Address: бул. Г. М. Димитров едно, 1172 Sofia, Bulgaria

Phone: +359 2 962 5454

Website: http://tchaikapharma.com/

Teva Pharmaceuticals Bulgaria 109

Located in: Vertigo Business Tower

Address: Bulevard “Bulgaria”, 1404 Manastirski Livadi, Sofia, Bulgaria

Phone: +359 2 489 9585

Website: http://www.teva.bg/

Veks Farma – Bulgaria Ltd

Address: ul. “Solun” 47, 1680 Borovo, Sofia, Bulgaria

Phone: +359 2 958 6176

Website: http://www.veyx-bg.com/

Рош България ЕООД

Address: ul. “Byalo Pole” 16, 1618 Manastirski Livadi, Sofia, Bulgaria

Phone: +359 2 818 4444

Website: http://www.roche.bg/

Frequently asked questions on the pharmaceutical companies in Bulgaria

What’s the estimated cost spent on Rand D in Bulgaria

The cost of researching and developing a new chemical or biological unit was estimated at € 91 million as of 2018.

What’s the employment rate of pharmaceutical companies in Bulgaria?

Research has shown that pharmaceutical companies in Bulgaria generate about 15,000 employment indirectly – upstream and downstream and directly.

What’s the pharmaceutical market value in Bulgaria

Distribution margins, generally set by governments, and VAT rates differ significantly from different states in Bulgaria. On average, the pharmaceutical market value in Bulgaria is € 1,210 million.

What’s the ranking of Bulgaria in clinical research?

Bulgaria is considered one of the clinical research centers in Europe and, according to the US FDA, ranked 25th in clinical research worldwide in 2015.

Conclusion on the pharmaceutical companies in Bulgaria

Looking at some key examples in the industry, pharmaceutical companies in Bulgaria are heavily involved in conducting internal or external clinical research studies.

Bulgaria plays a key role in global clinical research due to its clinical expertise and rapid patient admission and strict clinical guidelines.

The list of pharmaceutical companies in Bulgaria is in no order of ranking, but it is arranged for easy access to these awesome companies.

Kindly air your view in the comment box below.

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