News About: Distribution
Prohibited to distribute and sell cosmetics and ingredients experimented on animals
An act was decided to prohibit distribution and sales of cosmetic products experimented on animals. It was the first enactment of animal testing prohibition on cosmetics in South East Asia.
The National Assembly pass...
High-handed behaviors of multinational pharmaceutical company raise complaints in the distribution industry
The multinational pharmaceutical companies’ high-handed business behaviors have raised complaints of employees working in distribution companies.
They show much nicer business behaviors towards medical institutions, ...
Pharmaceutical wholesalers are now able to install wholesale business offices inside of a storage facility
The Ministry of Land, Infrastructure and Transport(MOLIT) held the Site Inspection Meeting for the MOLIT’s Regulatory Reform on the 17th, and decided to enforce the revision which allows installing wholesale business ...
E-mart’s Boons disappears, but Shinsegae will have one more tryout with ‘Boots’
Shinsegae’s E-mart will give up its own drug store brand, ‘Boons,’ and cooperate with the world’s largest drug store, Walgreens.
According to the distribution industry on the 16th, E-mart is recently planning to brin...
Unnotified ‘shutdowns’ of some multinational pharmaceutical companies raise noises in distribution industry
A multinational pharmaceutical companies’ custom to have early ‘shutdown’ has created controversy, once again, in the pharmaceutical distribution industry.
Some multinational pharmaceutical companies, such as GSK, ha...
Pharmaceutical distribution industry to focus on improving low margins of multinational pharmaceutical companies
The pharmaceutical distribution industry will continue the promotional activities to improve low-margin policies of multinational pharmaceutical companies next year.
The Seoul Pharmaceutical Distribution Association(...
Cinfa establishes distribution agreement with DKSH expanding domestic healthcare business
Laboratorios Cinfa and DKSH Korea, a multinational logistics company, established a strategic agreement.
Under the agreement, Cinfa will sell leading products of ‘Farmalastic,’ its medical equipment brand, through th...
Shocking price increase rates of OTC drugs sold in convenient stores
It was analyzed the Household Medicine Sales System, which allowed non-pharmacies, such as convenient stores, to sell antipyretics & analgesics, cold medicines and digestive medicines for 24/7, has slowed price raises...
“The obligation act for medicine payment deadline must be reconsidered”
When it came to the Amendment of the Pharmaceutical Affairs Law, which includes the obligation to pay medicine bills, the Korean Hospital Association(KHA) has shown an opinion to reconsider it.
Through a statement, t...
Payment obligation within 6 months for 300 hospitals and 800 pharmacies
Legalization for the medicine payment deadline has been visible approximately in 2 years after passing a standing committee.
The 2nd Subcommittee of the National Assembly Legislation and Judiciary Committee passed th...
