PlainPharmaWatch

CMS Open Payments · Program Year 2024

Ares Trading SA

Ares Trading SA reported $1,884,332.37 across General Payments, Research, and Ownership to 59 physicians and teaching hospitals across 1,047 transactions.

$1.9M
All-tracks total
1,047
Transactions
59
Recipients
+$127.8K
General Payments vs PY2023

Ares Trading SA reported $1,884,332.37 across all CMS Open Payments tracks (General + Research + Ownership) to 59 physicians and teaching hospitals in Program Year 2024 - ranking #466 of 1,925 reporting manufacturers (0.0% of the all-tracks industry total); General Payments alone were $254,285.83, averaging $31.9K per recipient.

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.

CMS Sunshine Act warrant

Manufacturer ares-trading-sa Ares Trading SA

$1.9M · #466/1,925 · 0.0% industry · PY2024

  • TOT $1.9M
  • RANK #466
  • SHARE 0.0%
  • TXN 1,047
  • RCP 59
  • CAT 4
  • GEN $254.3K
  • ΔGEN +$127.8K
  • TOP1 16.0%
  • PY 2024

Nearest volume peer: Bayer Healthcare LLC ($1.9M)

Pharming Healthcare, Inc.$1.9MiRhythm Technologies, Inc.$1.9MBayer Healthcare LLC$1.9MAres Trading SA (this)$1.9MQOL Medical, LLC$1.9M
All-tracks payment totals near Ares Trading SA (CMS Open Payments PY2024)

Ares Trading SA sits among 1,925 manufacturers disclosing under the Physician Payments Sunshine Act. Volume peers below are nearest by all-tracks total, not corporate affiliates. Open the company rankings →

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.

How this year-over-year comparison is scoped

The comparison uses consecutive CMS program years only (current = prior + 1) from the manufacturer General Payments summary and excludes research and ownership or investment records. Non-consecutive year pairs are not shown as year-over-year change. This General Payments figure is not the all-tracks company total in the hero.

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

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 61.5% of this company's General Payments 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 - 61.5% of General Payments.

Ares Trading SA reports 4 general-payment categories - the top three are Compensation for Services Other Than Consulting (61.5%), Consulting Fee (27.5%), and Travel and Lodging (10.5%). The remaining 1 category make up 0.6% of this company's reported general-payment total. That multi-category mix is the kind of profile single-category reporters cannot show.

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.

General Payments scope note

Program Year 2024 General Payments view only: 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.

Similarly Concentrated Companies

Companies whose General Payments are spread across recipients about as (un)evenly as Ares Trading SA's, measured by the same HHI concentration index above, not by payment size.

What HHI 2,500 means here

2,500 is the DOJ/FTC merger-guidelines threshold for "highly concentrated" markets; used here only as a familiar concentration reference, not a legal finding about Ares Trading SA.

Companies with Similar Payment Volumes

Open a profile or compare a similar company's CMS-reported payment pattern with Ares Trading SA.

Showing 6 of 1,924 companies with CMS-reported payment data.

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

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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 2026-07-26.