German drug group's turnover tops €400m here

GERMAN drug group Celesio says its turnover in Ireland has topped €400 million for the first nine months of the year.

Celesio said turnover at Cahill May Roberts, its wholesale pharmacy division, increased by 18.8% to €318.7 million in the nine months to the end of September. It said the growth came despite intense price competition in the Irish market. Though it did not release profits for its Irish operations, it said they were in line with internal forecasts.

It said Cahill May Roberts has won a nationwide contract to supply doctors with vaccines.