News About: Distribution


Pharmas to control wholesalers over rebates through ‘CP’ and ‘Fair Trade Agreement’

While a pharmaceutical company started to intensively control its client wholesalers as part of the rebate eradication plan, it has been spread to other pharmaceutical companies. Recently, a pharmaceutical company se...

BUKDA criticizes distribution business invested by medical institutes

The Busan, Ulsan & Kyungnam Distribution Association has made a strong criticism over distribution companies invested jointly by medical institutes. The Busan, Ulsan & Kyungnam Distribution Association(President Cheo...

Distribution association’s ‘standby’ mode on negotiation for multinational pharma’s low margin policy

The pharmaceutical distribution industry has a stance that it is surely necessary to secure a level of proper margin to minimize various pressures, such as distribution margin cuts and an increase of SG&A(selling, gen...

Pharmaceutical distribution companies expanding sales and marketing activities to consumers over ‘doctors and pharmacists’

Pharmaceutical distribution companies which has focused their sale and marketing business on pharmacies, hospitals and clinics have actively jumped into searching connections with consumers. So far, pharmaceutical di...

Nongshim-affiliated Newteranex acquires Namshin Pharm to enter drug distribution market

Newteranex, a subsidiary of Nongshim, acquired employees and business rights of Namshin Pharm(CEO Joon-Ho Lee) to enter the pharmaceutical distribution market. Using the acquisition of the company as an opportunity, ...

Pharmaceutical distribution association considers accusing monopolistic distribution companies invested by medical institutes

The Korea Pharmaceutical Distribution Association(Chairman Chi-Yup Hwang) is known to aggressively consider accusing pharmaceutical distribution companies invested by medical devices to the Fair Trade Commission for m...

Why do pharmaceutical distribution companies have to wait until medicines get expired?

Pharmaceutical distribution companies have appealed difficulties due to some pharmaceutical companies’ policy to take back expired medicines. According to the industry concerned, it was told a pharmaceutical company ...

Distribution companies’ additional workloads for reading plastic-wrapped barcodes

Pharmaceutical distribution companies are reportedly having difficulties in reading barcodes created by specific pharmaceutical companies. Thus, it was criticized the association must take actions to address the issue...

Will tightened administration of distribution business weaken services for pharmacies?

As their business is getting tighter and tighter, the pharmaceutical distribution industry has started to have concerns that their services for pharmacies would get narrower in the future. According to the industry c...

Expected difficulties for pharmaceutical distribution industry in supplying and demanding medicines on early October

Pharmaceutical distribution companies are going to encounter difficulties in suppling and demanding medicines during the long 10 days of holidays before and after the Korean Thanksgiving Day(Chuseok) on October again ...

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