News About: Distribution


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...

Ms. Sun-Hye Cho selected as 35th KPDA President

At the 35th Korea Pharmaceutical Distribution Association(KPDA) Presidential Election, Candidate Sun-Hey Cho was elected with the support from 57.4% of the voters. The KPDA held the 56th regular general meeting at Sh...

Mass drug price cuts create conflicts between pharmas and distributors

As the drug price cut was applied on 3,619 products on the 1st, pharmaceutical distribution companies have raised complaints about increased workloads in regards to balancing price differences. In this process, some ...

Endless shortages of medicines due to ingredient supply problem and market evacuation

Even at the beginning of this year, there have been a number of medicine supply suspension due to various reasons, such as supply problem for ingredients and competing products’ market evacuation or recall. Daihan Ph...

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