News About: Distribution


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...

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...

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