News About: Distribution


Foreign invested drug companies on searching OTC wholesalers.

Appointing the exclusive drug wholesaler for the future drug supply under the new medical and pharmacy separation system, most of foreign invested drug companies mainly engaging in ethical drug business such as MSD an...

Zuellig declared its business scope to acting sales activity for drug manufacturers.

Zuellig Pharma Korea, a multinational drug wholesale company, started their sales activity from April 10, and President Tony Hausbierld explained in the official press interview on April 27 that Zuellig's business sho...

Drug distribution system to make at the level of advanced countries.

The MOHW in association with Samsung SDS and Korea Telecommunication had a ground breaking ceremony on April 17 for "Drug Information Center" at Gaepoong building, Sungsoodong in presence of Minister Cha of MOHW, Mr. ...

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...

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