PlainPharmaWatch

CMS Open Payments · Program Year 2024

Ares Trading SA

Ares Trading SA reported $1,884,332.37 in payments to 59 physicians and teaching hospitals across 1,047 transactions.

See the rankings → How this is sourced
$1.9M
Total payments
1,047
Transactions
59
Recipients
+$127.8K
General Payments vs PY2023

Ares Trading SA reported $1,884,332.37 in payments to 59 physicians and teaching hospitals in CMS Open Payments Program Year 2024 - ranking #466 of 1,925 reporting manufacturers (0.0% of all US industry payments), averaging $31.9K per recipient across 4 payment categories. Figures are company-reported under the Physician Payments Sunshine Act; a reported payment is a financial relationship, not evidence of wrongdoing.

Data currency: Figures are rendered from the processed CMS Open Payments release. See our methodology for source dates and refresh cadence. Spot a figure that looks wrong? Report a correction.

Compiled from official public sources by the editorial team.

The verdict

Ares Trading SA pairs top-quartile payment volume with a broadly spread payment pattern across many recipients.

#466
of 1,925 companies
0.0%
of all US industry payments
0.2%
paid to its single top recipient
4
payment categories

Release-over-release change

General Payments changed from PY2023 to PY2024

Ares Trading SA's CMS-reported General Payments increased by $127.8K (+101.0%) from PY2023 to PY2024. The comparison uses the same CMS manufacturer-by-payment-category summary for both years and excludes research and ownership or investment records.

CMS source labels for this exact identifier: PY2023: ARES TRADING SAPY2024: Ares Trading SA. Matching identifiers support a bounded record comparison; a label difference would be reported as unresolved rather than treated as a corporate event.

Subscribe to this company's source-bounded update feed It publishes only identifier-matched CMS release comparisons, never inferred company events.

General Payments: PY2023 vs PY2024

Annual CMS-reported totals for this company, not an all-category Open Payments total

PY2023$126.5KPY2024$254.3K
PY2023
$126,487.16
PY2024
$254,285.83

How Ares Trading SA ranks nationally

Where this company's total reported payments fall within the full national distribution of all 1,925 companies in CMS Open Payments, not just its nearest peers.

Ares Trading SA's total vs. every reporting company

CMS Open Payments, Program Year 2024

$1,884,332 Top 24% higher than 76% of 1,925 reporting companies

$9–$28: 3 reporting companies (0%). Below this entry. $28–$87: 10 reporting companies (1%). Below this entry. $87–$270: 20 reporting companies (1%). Below this entry. $270–$838: 41 reporting companies (2%). Below this entry. $838–$2,603: 76 reporting companies (4%). Below this entry. $2,603–$8,084: 114 reporting companies (6%). Below this entry. $8,084–$25,112: 167 reporting companies (9%). Below this entry. $25,112–$78,003: 249 reporting companies (13%). Below this entry. $78,003–$242,294: 295 reporting companies (15%). Below this entry. $242,294–$752,621: 270 reporting companies (14%). Below this entry. $752,621–$2,337,813: 263 reporting companies (14%). This entry sits in this band. $2,337,813–$7,261,783: 200 reporting companies (10%). Above this entry. $7,261,783–$22,556,757: 133 reporting companies (7%). Above this entry. $22,556,757–$70,066,439: 45 reporting companies (2%). Above this entry. $70,066,439–$217,642,369: 26 reporting companies (1%). Above this entry. $217,642,369–$676,046,922: 13 reporting companies (1%). Above this entry. This company $9 $676,046,922 every reporting company, bucketed by value

Each bar is a progressively wider band; taller bars hold more reporting companies. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source CMS Open Payments · 2024

What the Data Shows for Ares Trading SA

Averaging $1.8K per transaction and $31.9K per recipient, Ares Trading SA's Program Year 2024 total comes to $1,884,332.37 across 1,047 transactions and 59 physicians and teaching hospitals. In the CMS Open Payments database that is good for rank #466 of 1,925 companies, a comparatively small 0.0% slice of all industry payments reported nationwide for the year.

The 4-category breakdown below covers general payments only (see our methodology for how research and ownership payments are reported separately). The largest general-payment category is "Compensation for Services Other Than Consulting" at $156.4K, accounting for 8.3% of the company's reported total and 13 transactions.

General Payment Breakdown by Type

Across 4 types of general payments, Ares Trading SA's largest category was "Compensation for Services Other Than Consulting" at $156.4K - 8.3% of the company's reported total.

How Ares Trading SA divides its payments

Ranked by total dollars reported per category

1. Compensation for Services…$156.4K2. Consulting Fee$69.8K3. Travel and Lodging$26.6K4. Food and Beverage$1.4K
Payment Type Amount Transactions
Compensation for Services Other Than Consulting $156.4K 13
Consulting Fee $69.8K 15
Travel and Lodging $26.6K 17
Food and Beverage $1.4K 14

Recipient Concentration in General Payments

The five largest recipient relationships account for $143,683.85 (56.5%) of $254,285.83 in this company's General Payments records across 21 recipients. This is a CMS Open Payments Program Year 2024 General Payments view only: it excludes research and ownership/investment records, so it is not the all-category company total above.

Largest General-Payment relationships for Ares Trading SA

The five named recipients with the highest reported General Payments from this company

Christopher C Laganke$40.6KGabriel Pardo$33.6KDonald Negroski$23.8KGeorge Katsamakis$23.2KBruce L Hughes$22.5K
  1. 1

    Christopher C Laganke

    $40,623.57 across 5 reported transactions

  2. 2

    Gabriel Pardo

    $33,596.69 across 5 reported transactions

  3. 3

    Donald Negroski

    $23,758.37 across 8 reported transactions

  4. 4

    George Katsamakis

    $23,173.92 across 5 reported transactions

  5. 5

    Bruce L Hughes

    $22,531.30 across 8 reported transactions

Compare this company's payment profile with similarly sized manufacturers in the company comparison tool, and consult the methodology for the CMS source scope.

Payment Size Analysis

Average transaction size: $1.8K. Average per recipient: $31.9K.

Total Amount

$1,884,332.37

Avg per Transaction

$1.8K

Avg per Recipient

$31.9K

Payment Transparency Context

What is the Sunshine Act?

The Physician Payments Sunshine Act (part of the Affordable Care Act) requires pharmaceutical and medical device manufacturers to report payments and transfers of value to physicians and teaching hospitals. These payments can include consulting fees, research grants, speaker fees, food and beverages, travel, royalties, and other forms of compensation.

Industry Total (2024)

$13.9B

across 1,925 companies

Ares Trading SA Share

0.0%

#466 by total payments

Companies with Similar Payment Volumes

Pharmaceutical companies with payment totals similar to Ares Trading SA

Bayer Healthcare LLC

$1.9M 228 recipients

QOL Medical, LLC

$1.9M 18,836 recipients

iRhythm Technologies, Inc.

$1.9M 9,647 recipients

Pharming Healthcare, Inc.

$1.9M 6,200 recipients

Lantheus Medical Imaging, Inc.

$1.9M 2,496 recipients

Milestone Scientific Inc.

$1.9M 47 recipients

Frequently Asked Questions

How much did Ares Trading SA pay to physicians and hospitals in 2024? ▾
0.0% of all industry payments reported to CMS Open Payments for 2024 came from Ares Trading SA, totaling $1,884,332.37 across 1,047 transactions to physicians and hospitals.
How many physicians received payments from Ares Trading SA? ▾
59 physicians and teaching hospitals received payments from Ares Trading SA in 2024, averaging $31.9K per recipient.
What types of payments did Ares Trading SA make? ▾
4 categories of general payment make up Ares Trading SA's reported activity, including consulting, meals, travel, and similar types. The largest general-payment category was "Compensation for Services Other Than Consulting" at $156.4K, representing 8.3% of the company's reported total.
How does Ares Trading SA rank among pharmaceutical companies? ▾
Out of 1,925 companies in the CMS Open Payments database for 2024, Ares Trading SA ranks #466 by total payment amount.
What is the average payment size from Ares Trading SA? ▾
Ares Trading SA's 1,047 transactions to 59 recipients in 2024 averaged $1.8K per transaction.
Where does the payment data for Ares Trading SA come from? ▾
This data comes from the CMS Open Payments program (Sunshine Act), which requires pharmaceutical and medical device companies to report payments and transfers of value to physicians and teaching hospitals. The data covers Program Year 2024.

Data Source: Centers for Medicare & Medicaid Services (CMS) Open Payments, Program Year 2024. Data includes general payments, research payments, and physician ownership/investment interests as required by the Physician Payments Sunshine Act. Total industry payments: $13.9B across 1,925 companies.

Data sourced from CMS Open Payments (Physician Payments Sunshine Act). See our methodology for details. Retrieved and formatted by PlainPharmaWatch Editorial
Disclaimer

This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the CMS Open Payments program. Consult a qualified professional before making decisions based on this data.

Read our methodology - how this data is sourced, computed, and verified.

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Every figure on PlainPharmaWatch is rendered directly from federal source data, no number is typed in by an editor. This page draws directly on federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-07-25.