News About: Distribution


Wholesale margins accounted for determining insurance prices for new drugs.

The Insurance Drug Price Specialist Council decided in the meeting on April 11 that the insurance prices for significantly innovated new drugs compared to existing drugs in terms of cost and efficacy would be accounte...

6 hospital affiliated wholesalers accused

The civic group accused 6 affiliated drug wholesalers to medical institutes to the National Tax Service on charge of violating the anti-monopoly and the fair trade provisions. The Citizen's Coalition for Economic ...

President election for Seoul KPhWA on dual contest.

The election for the president of the Seoul pharmaceutical wholesale association (KPhWA) became a dual contest between Mr. Lim Kyung-whan, the present president and Mr. Kim Kun-seung, the head of hospital wholesale di...

Drug wholesale margins are up to dealers.

The issue on the drug wholesale margin should be resolved between the related business dealers. The recent dispute on the drug wholesale margins arising from the implementation of the actual purchasing price reimburse...

Consolidated information system to be built up for drug distribution.

The MOHW plans to operate a consolidated information system through the EDI network system build-up for drug distribution to be rapidly, accurately and transparently traded in all process of ordering, shipping and cre...

Drug circles urged conglomerates not to enter small/medium industrial business.

3 big drug related associations, KPMA, KPWA and KPA announced a joint statement to the conglomerates as saying "The conglomerates should stop entering the small and medium sized industrial business but do their best f...

Seoul Daein wholesale pharmacy defaulted over 3 billion won.

Daein Yakpoom drug wholesaler (President: Kim Young-shil) located at Yongdoo Dong, Dongdaemun-Ku Seoul, defaulted about 3 billion worth of payment as of Aug. 31. According to the creditor group of pharmaceutical m...

Drug Delivery Association promoter's meeting hold on Aug. 20.

The promoter's meeting for an establishment of the Drug Delivery Cooperative Association held at Royal ball room of Palace hotel at 3 p.m. on Aug. 20. The total 202 promoters including 148 representatives of the drug ...

Annual pay system and direct sale business attempted by drug wholesalers.

Drug wholesalers in Seoul area concluded that a direct sale business system be the most important subject to be firmly established by eliminating the irregular drug wholesale business through an intermediary broker sy...

Drug distribution reform to launch from 2001

In the general meeting of the Drug Distribution Reform Planning Unit on Aug. 13 the MOHW finally made determination to establish the Drug Delivery Cooperative Association and the Consolidated Drug Delivery Information...

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