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CV PROTEK becomes the only Russian company in the International Federation of Pharmaceutical Wholesalers

This March, CV PROTEK became part of the International Federation of Pharmaceutical Wholesalers (IFPW) by resolution of the Federation’s Board of Directors.

IFPW represents wholesalers and wholesaler associations in 26 countries comprising 40% of the global distribution market. The Federation is dedicated to helping the patients advance the safe, efficient access to pharmaceuticals worldwide.

IFPW is comprised by the biggest transnational distributors — Walgreens Boots Alliance (USA), AmerisourceBergen Corporation  (USA), Oriola KD (Finland), McKesson Corporation (USA) and others.

The key factors in making a decision in favour of accession to the Federation include the distributor’s market share, annual sales, number of distribution hubs and client data, along with staff strength. CV PROTEK’s joining the Federation marks recognition for the high standards of the Russian distributor, both by the scale of operations and the efficiency of business.

“For CV PROTEK, being a member of the International Federation of Pharmaceutical Wholesalers is primarily an opportunity of sharing experience with our foreign colleagues. Despite the fact that CV PROTEK is a mature, competent representative of the distribution sector, having access to cutting-edge technology and continued implementation of the best international practices is vital to us.

As a distribution sector leader in the domestic market, with a sizable market share, we feel responsible for Russia’s interests to be represented in international industry business associations,” says Dmitry Pogrebinsky, General Director of CV PROTEK.

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