News About: Distribution


Company downsizing only to survive drug wholesale industry.

The drug industry recently voiced a loud slogan "Do a business to meet the scale of company". This seems to come out from the recent overall economic declining trend and a serious economic pressure typically given to ...

10 drug companies may enter business with Zuellig

Mr. Christian Stoeckling, President of Zuellig Korea announced in the press interview in presence of many representatives of foreign multinational drug corporations on Oct. 13 that his company is currently negotiating...

Bar code troubles with consolidated drug distribution information system.

The Korea Pharmaceutical Information Center (KPIC) tested their drug distribution information system from Sept 18 to Oct. 7 for 3 weeks over the total 75 cases compiled from 2 pharmacies, one general hospitals and 3 d...

Drug wholesaler asked for more than 10% wholesale margins.

Amid a friction on distribution margins between drug wholesalers and makers it calls for an early determination of the most appropriate drug wholesale margin as the drug wholesale margin was found far lower than the o...

Drug wholesalers called for full supplies to drug makers

Prescription drug wholesalers strongly protested against the drug makers who assigned their drug supplies exclusively to Zuellig Logistic company, claiming it as an unfair trade act. They threatened the Korea Pharmace...

Drug wholesaler concerned low ribution margin policy

Drug wholesalers pointed out that the wholesaler's margins seriously declined from the traditional rate ranged over 10% now to 5 to 6% after implementation of the government new medical and pharmacy separation program...

Drug distribution system set up with new paradigm.

The Logistic Center projected by the Pharmaceutical Logistic Association and the Drug Information Center now proceeded by the government and civic business sectors seem to be visualized to operate in 2001. The gove...

Drug wholesaler's business loss may get some relief.

Minister Choi Sun-jung of MOHW took a meeting with President Lee Hee-koo of KPhWA on Aug. 26 in attendance of Mr. Kim Kun-seung, vice president of KPhWA, Mr. Han Sang-hui, director of general administration, Mr. Park ...

Drug wholesalers in serious financial difficulties caused by delayed credit payment.

Recent prolonged strikes of medical communities resulted in financial difficulties at most of medical institutes, which, in turn, caused a delay of their credit payment to drug wholesalers. According to a reliable...

Drug wholesalers reluctant to supply prescription drugs to pharmacies.

The retail pharmacy market has turned down so deeply that many drug wholesalers are seriously concerned about their credit payment and therefore strictly controlling a supply of prescription drugs. In fact, the d...

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