News About: Distribution
Increasing number of pharmaceutical products being stored in factory storage
Due to the slump in exports and domestic sales, the Korean economy has been on red alert as having products stocked in factories’ storage; how about the pharmaceutical industry?
Although the pharmaceutical industry i...
Foreign directly-purchased drugs damage domestic pharmacies and pharmaceutical companies
The more overseas OTC drugs, the more side effects the domestic pharmaceutical market has gotten. If a popular product in other foreign countries is launched in Korea, in particular, the popularity has become more of ...
Banking Market’s financial suffocation on pharmaceutical distribution companies
Due to a series of pharmaceutical distribution companies’ bankruptcies, the banking market has started to become cautious on dealing with pharmaceutical distribution companies.
According to the industry concerned on ...
In Korea, OTC ‘Centrum’ has been freely sold in online shopping malls
Pfizer Pharmaceuticals Korea’s multivitamins categorized as a OTC drug in Korea, ‘Centrum’ has freely been sold in online shopping malls, not pharmacies.
According to the result of searching Centrum in a famous domes...
Pharmaceutical and distribution companies have difficulties in securing middle-grade sales personnel
While the importance of salesmen has been amplified due to the fierce sales competition, pharmaceutical companies and pharmaceutical wholesalers have had difficulties in securing middle-grade salesmen. The phenomenon ...
Baekje Pharm becomes pharmaceutical distribution companies with best and largest distribution centersBaekje Pharm(President Dong-goo Kim) will own the largest distribution center among domestic pharmaceutical companies.
According to Baekje Pharm, the company established a dist...
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Pharmaceutical and distribution industries face conflicts over distribution cost
From the beginning of the year, the conflict is indicated to get severer between the pharmaceutical industry which would like to reduce distribution cost and wholesalers that need to interrupt it.
The distribution in...
“We decided to improve the multinational companies’ low distribution cost to the domestic level”
The pharmaceutical distribution industry, which had been busy interrupting the multinational pharmaceutical companies’ pharmaceutical distribution cost reduction so far, started to take actions to raise the cost.
The...
Short supply of Terramycin exposes weak spot of the pharmaceutical notification system
“If a top product of a specific prescription market is not supplied for a year, it must be considered not as out-of-stock, but manufacturing suspension.”
It is a part of the opinions towards the short supply of Pfize...
Will CSOs become the blue ocean in the pharmaceutical distribution industry?
The industry has paid attention whether CSOs(Contract Sales Organizations) will take the key role in creating a new market and changing the characteristics of the industry in the pharmaceutical distribution industry.
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