News About: Distribution


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...

Pharma distribution industry’s signature gathering against the serial number reporting system

The pharmaceutical distribution industry has decided to gather signatures to request reconsideration of the real-time serial number reporting system. The Korea Pharmaceutical Distribution Association held the 2017 1s...

Geo-Young and Baekje Pharmaceuticals recorded sales more than KRW 1 trillion

Following Geo-Young, Baekje Pharmaceuticals exceeded KRW 1 trillion sales, which will encourage enlargement in the pharmaceutical distribution industry. According to the analysis result of 139 pharmaceutical distribu...

Strongest ‘Geo-Young’ and followed by ‘Baekje’ in pharma distribution industry

Geo-Young Group reconfirmed its position as the strongest recording KRW 2.7461 trillion in the pharmaceutical distribution market last year. Then, it was followed by Baekje Pharmaceutical ranking the 2nd with KRW 1.09...

Amplified anxiety over prosecutors’ investigation in pharma and distribution industry

After the Eastern Branch of Busan District Public Prosecutors’ Office searched and seized influential distribution companies in Seoul and Busan last March, anxiety has been raised among pharmaceutical companies and di...

Pharma distribution companies’ start to create new revenue models

With the trend of decreasing margins from pharmaceutical companies, pharmaceutical distribution companies have started to aggressively discover new products as a way to find new revenue models. Through Order Station,...

UPharmMall e-commerce shop makes a fresh start with pharmaceutical distribution company

‘UPharmMall,’ a pharmacy e-commerce service of UBcare Co., Ltd., a company specializing in hospital and clinic EMR(electronic health records), established a new separate corporate with a pharmaceutical distribution co...

Drug distribution industry strongly criticizes serial number system

In terms of the real-time drug serial number obligation this coming July, it was strongly suggested that nothing was ready for the enforcement. At the debate hosted by Rep. Hye-Sook Jeon for the drug serial number ob...

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