News About: Distribution


Distribution companies with various product lineups, like candies, drinks and humidifiers

Pharmaceutical distribution companies are putting efforts on making new sources of sales, such as medical devices, quasi drugs, health functional foods and cosmetic products as well as OTC drugs, due to continuous dru...

KPA & KPBMA discuss about counteractions on pharmas noncooperative to returns

The Korea Pharmaceutical Association(President Chan-Hwi Cho, KPA) and the Korea Pharmaceutical and Bio-Pharma Manufacturers Association(Chairman Sun-Hye Cho, KPBMA) created a consultative group to strengthen cooperati...

Pharma distribution industry defines ‘serial number system’ as ‘evil’

While the drug serial number system has left 7 months of the grace period for administrative measures, the pharmaceutical distribution industry seems to take strong actions as defining the serial number system as an e...

Top 3 pharma distribution companies own 23% of total surpluses that the industry owns

Pharmaceutical distribution companies reportedly saved KRW 2.1 trillion external surpluses accumulated internally at the end of the last year. Especially, the top 3 companies, Geo-Young, UMC Holdings and Ohsong Pharm,...

Pharmaceutical distribution companies have debt ratio decreased by 4.7%p to 236.9%

Korean pharmaceutical distribution companies recorded a debt ratio of 236.9% last year, decreased by 4.7%, showing improved financial soundness. Yakup Shinmoom(www.yakup.com) analyzed debt ratios that 148 pharmaceuti...

KPDA, “31 pharmas have accepted credit card payments for drugs”

There were reportedly 31 pharmaceutical companies which accepted credit card payments for medicinal drugs. Particularly, 10 pharmaceutical companies including Dong-A ST was reportedly positive with credit card payment...

Chair Jung-Hee Lee, “It is unreasonable for distribution association to request credit card payments”

Jung-Hee Lee, Chair of the Korea Pharmaceutical and Bio-Pharma Manufacturers Association, expressed a stance that it is unfair for the Korea Pharmaceutical Distribution Association(KPDA) to ask pharmaceutical companie...

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...

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