News About: Distribution


“The government must control illegal sales of OTC medicines at supermarkets and local stores”

The Korean Pharmaceutical Association(Chairman Chan-Hwi Cho, KPA) released an written statement to take term measures against illegal sales of pharmaceutical products at supermarkets and local stores. A number of sup...

Distribution field sensitive on EZmedicom’s action to have direct business with pharmas

The pharmaceutical distribution industry has had concerns about some pharmaceutical companies showing movements to have a direct business with EZmedicom. According to the industry concerned on the 15th, it was told E...

Distribution companies to look for solutions by connecting online and offline services

Pharmaceutical distributors have shown actions to strengthen their sales and marketing power by connecting online and offline services to power through the difficult circumstances continuously caused by the government...

Distribution companies exhausted from pharmas’ excuses on settling balance created by drug price cuts

Pharmaceutical distribution companies are reportedly concerning about settling balance created by the drug price cuts. According to the industry concerned, Korean pharmaceutical companies have delayed settling the ba...

Government & distribution field are expected to continue discussion about serial number

It seems the discussion about the drug serial number system, which has been paused since the debate last March, is going to restart soon. It was known that the Korea Pharmaceutical Distribution Association and the Mi...

Distribution industry’s concerns on EZmedicom’s entry into bidding market

The pharmaceutical distribution industry has held meetings every day to discuss about pharmaceutical companies entering in the drug bidding market, and is seeking for countermeasures. According to a source in the ind...

Top 10 pharma distribution companies secures 47% of the total

Including Geo-Young, 143 pharmaceutical distribution companies were observed to have approx. KRW 2 trillion surpluses accumulated at the end of the last year. The top 10 companies secured a half of the total. Accordi...

Pharma distributors narrowly increased in operating profit and net profit

Last year, pharmaceutical distribution companies were narrowly increased in operating profit and net profit. According to the analysis result of 146 pharmaceutical distribution companies’ 2016 audit reports turned in...

6 of 10 pharma distribution companies recorded increase of sales costs

It was observed 6 of 10 pharmaceutical distribution companies had difficulties with the enlarged sales costs in the total sales. According to the analysis result of 145 pharmaceutical distribution companies’ 2016 aud...

Enlarged gap among pharma distribution companies in debt ratio

It was evaluated the Korean pharmaceutical distribution companies’ debt ratio was 238.5% last year, decreased by 19.0%p, which showed the better financial soundness than the year before. However, the ratio gap was ext...

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