News About: Distribution


19 pharmas distribution companies had total sales rate less than 5% last year

The sales cost rate that 19 pharmaceutical distribution companies had exceeded 95% last year. This means 12.8% of 149 studied companies had the figure. Yakup Shinmoon(www.yakup.com) analyzed 2017 audit reports that 1...

Pharma distribution companies poor in operating profit last year

Pharmaceutical distribution companies reportedly had a low performance record in profitability, such as operating profits and net profits. According to the analysis result of 2017 audit reports that 148 pharmaceutica...

144 pharma distribution companies makes KRW 18.9617 trillion sales in 2017

Last year, 144 pharmaceutical distribution companies reported made KRW 18.9617 trillion sales. According to the analysis result of 2017 audit reports that 144 pharmaceutical distribution companies turned in, they mad...

GeoYoung Group achieves KRW 3 trillion sales for the first time in pharma distribution market

GeoYoung Group made sales more than KRW 3 trillion for the first time in the pharmaceutical distribution industry. The ‘Big 2’ in the industry, GeoYoung(11 companies including affiliates and associations) and Baekje ...

Pharma distribution industry facing limitation with 3-shipments-a-day system

“It is impossible to make 3 shipments a day in the current circumstance. The key is, however, who will become the first one to be against the pharmacies’ opposition.” The pharmaceutical distribution industry is repor...

Will pharmas start to make payments with credit card for pharma distribution companies?

Policies that the Korea Pharmaceutical Distribution Association(KPDA) is carrying out against pharmaceutical companies, such as credit card payment from pharmaceutical companies and recovery of low drug distribution c...

KPDA officially requests credit card transactions to all the pharmas

The pharmaceutical distribution industry officially requested pharmaceutical companies for credit card transactions when paying for medicines. The Korea Pharmaceutical Distribution Association(KPDA) recently sent off...

Endless supply suspensions and shortages of medicines even this March

There have been an endless series of drug shortages caused by supply suspension or manufacturing suspension even this March. The industry concerned showed Ticlodone Tab 100mg and 200mg Sanofi Aventis Korea is distrib...

KPTA selects Samo Pharm CEO Jang-Seok Oh as new president

Samo Pharm CEO Jang-Seok Oh was unanimously selected as the new president of the Korea Pharmaceutical Traders Association(KPTA). The KPTA held the 62nd ordinary general meeting at the Union Hall located in Magok-dong...

KPDA President Sun-Hye Cho takes ‘distribution margin’ seriously

“I’ll address the low-margin issue with pharmaceutical companies, which is a life and death problem for distribution companies.” Korea Pharmaceutical Distribution Association(KPDA) President Sun-Hye Cho expressed a s...

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