Alvogen acquires leading nasal spray device in Russia

The Dolphin brand is currently the third largest on the Russian market for nasal rinsing.

The Dolphin brand is currently the third largest on the Russian market for nasal rinsing and has become highly popular amongst consumers due to the proven effectiveness of its products. Nasal rinsing is part of Cough and Cold, the largest over-the-counter (OTC) segment in Russia, which accounts for more than 25% of the total OTC market.

Alvogen Russia has gradually been expanding its portfolio in Russia with the acquisition of Dolphin further strengthening and diversifying Alvogen’s OTC portfolio in the market. With over 30 products currently on the market, the company’s OTC portfolio consists of the following four main categories:

In addition to the Alvogen over-the-counter segment, the company offers a strong line in women’s healthcare with its hormone portfolio as well as in the cardiovascular field via portfolio of nitrates products acquired recently from Belgium’s UCB.

Commenting on the transaction, Alexander Vinogradov, country manager for Alvogen Russia, said: “The acquisition of Dolphin further diversifies our local portfolio and enhances our platform for continued growth across the region. Russia remains one of the most attractive markets for our business in the CEE region.”