Lavipharm

Algon, Lavipharm’s pain relief product is now marketed with a new shape and in a bigger pack of 30 tablets. With the same formulation and action, Algon is now even easier to swallow with its new oblong shape. On the other hand, the 30 tablet box covers consumer needs for a longer period of time.

Castalia, inspired by Delphi’s Castalia Spring, develops dermocosmetic products in Lavipharm’s research labs, meeting international safety standards and recommended by dermatologists.

Lavipharm markets in Greek pharmacies Digestil by Tilman, for facilitating digestion.

Castalia Laboratoires Dermatologiques offers SENSIAL Lait Nettoyant Démaquillant, a fragrance-free cleansing milk and makeup remover for all skin types.

Government price changes in June and September reduced inventory levels and sales across the pharmaceutical supply chain, impacting gross margins.

Lavipharm SA announced Ioanna Tsireka as Human Resources Director, replacing Helen Markou, who continues as a management advisor in human resources.

In the context of the ASE regulations and under the 3/347/12.07.05 Board Resolution of Hellenic Capital Market Commission, Lavipharm advises that Mr. Ioannis Alexiades assumes the responsibility of Internal Auditor replacing Mr. Georgios Gemelos.

Lavipharm Group reported consolidated turnover of €182.9 million for 9M 2009, up from €176.4 million in 9M 2008, with reduced operating expenses improving operating results to €1.9 million from a loss of €3.1 million.

Lavipharm is a Greek Group that established its operations in 1911. Today it is one of the largest Groups in the healthcare sector in Greece with establishments not only in Greece but also in France, Cyprus and the USA.

The Lavipharm Group operates as an integrated pharmaceutical company in Greece, offering research, manufacturing, import, marketing, and distribution of pharmaceutical, cosmetic, and consumer health products in Greece and internationally.

Lavipharm’s research centers focus on advanced pharmaceutical technology, including supercritical fluid technology and drug delivery systems, collaborating with universities and research institutes worldwide.

All Lavipharm products are sold exclusively in pharmacies. They include pharmaceuticals, dermocosmetics, over the counter (OTC) and parapharmaceuticals, such as gauzes, injections, manometers etc.

Lavipharm is a dynamic, international healthcare company driven by creativity and innovation, always striving to provide access to improved healthcare solutions.