News About: Distribution


9.9% sales and 1.5% net profits achieved b 25 major drug wholesalers in 1998.

According to the management analysis conducted by Yakup Press based on 25 major drug wholesaler's auditing reports, the total sales, ordinary income and net profits of 25 drug wholesalers in 1998 showed 1,132,281 mill...

Drug distribution reform plan to be finalized around end of May

A basic plan of the drug delivery center has shown to establish two central points with 14 regional delivery centers across the nation, in which the central delivery point supplies drugs to the regional centers as wel...

Tax invoice problems surfaced to drug distribution community.

After implementing the open price labelling system it was detected during the government pricing inspection that some retail and wholesale pharmacies violated provisions, selling drugs at far lower prices than purchas...

Zuellig may launch distribution business to retail pharmacy market this year

A multinational drug distribution company, Zuellig, seems to launch their business into the retail pharmacy market some time this year, having a business target of achieving 15% market shares within 5 years. In the...

Early business entry of Zuellig to domestic drug markets unclear.

Zuellig, a Swiss pharmaceutical wholesale company, planned to make a market entry into Korea during the first half of this year, but it seems to be very unclear, although they had tried to speed up their business laun...

Drug distribution community to restrain issuance of payment note.

The local drug wholesalers have indulged themselves in expanding their sales volume without much care of profits, and for this objective they issued too payment notes, which eventually turned back and killed themselve...

Drug maker 's sales relied more on wholesalers

The IMF economic crisis has made quite an influence to the drug distribution structures, showing that the drug maker's sales grew up significantly through drug wholesalers and export but remarkably plunged in ...

Drug wholesale via Internet now on first step.

A drug distribution through the personal computer communication system started only 3 years ago, but now it is visualized for a tele-marketing activity in drug wholesale business area to be soon popular via cybermarke...

Hungsong drug wholesaler bankrupted on Mar. 2.

Hungsong drug wholesaler located at Anam dong Sungbook-ku Seoul (President: Cho Hung-bok) bankrupted on March 2. The business operation closed and President Cho and other executive members ran away. The OTC oriente...

General drug delivery business allowed to Drug Delivery Union.

The Drug Delivery Union that will be established by a joint investment of drug companies and wholesalers for drug storage and delivery to medical institutes originally set up its business scope only to ethical insuran...

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