News About: Distribution


Zuellig Pharma stated “We will make sure to minimize on collecting personal information”

When it comes to the ‘Agreement to Collect Personal Information’, Zuellig Pharma notified to Yakup New “Zuellig Pharma Korea is following the Personal Information Protection Law and making efforts to minimize on colle...

The beginning of conflict between the pharmaceutical industry and Pfizer Korea

The conflict between the pharmaceutical distribution industry and Pfizer Korea over distribution cost has begun. The pharmaceutical distribution industry, after the accomplishm...

Sun-hye Jo, CEO of Geo-Young, stated “The value of the pharmaceutical distribution industry has been underrated”

Sun-hye Jo, chief vice president of the Korea Pharmaceutical Distribution Association (president, Geo-Young) made a speech as the representative of Korea at the session ‘Korea-C...

The pharmaceutical distribution companies stating “No exception for Japanese pharmaceutical companies”

It was known that some Japanese pharmaceutical companies branched in Korea are providing lower distribution cost than the break-even point for wholesales companies. Accordingly, the pharmaceutical distribution indust...

Pharmaceutical distribution companies aiming right at the abnormal distribution cost of Pfizer

The pharmaceutical distribution industry has got in preparation to straighten up abnormal distribution cost of Pfizer Korea. Even though the break-even points of most pharmaceutical distribution companies are late-8%...

Based on the winning against GSK, the pharmaceutical distribution industry is on the way to put pressure on other multinational companies

The pharmaceutical distribution industry is on a positive streak after the distribution cost war against GSK. According to the pharmaceutical industry, several multinational ph...

Korea Pharmaceutical Distribution Association said “Switching goals from blocking the decrease of margins to requesting the raise”

The distribution industry, concentrating on preventing from lowering its distribution cost so far, will have movements to increase the distribution cost. One of the directors in Korea Pharmaceutical Distribution Asso...

Multinational pharmaceutical companies are considering increasing distribution costs due to the aggressiveness of wholesales

Due to the aggressiveness of the pharmaceutical distribution industry, it is reported that multinational pharmaceutical companies actively consider raising the distribution costs. The report has drawn attention on th...

Big three wholesalers- “will support the action of credit card payment in distribution business with GSK”

It is known that large wholesalers such as Geo-Young, Baeje, and Dongwon have decided to pay by credit card in business with GSK from the end of September. Since GSK is more likely to reject it, the pharmaceutical dis...

The pharmaceutical distribution industry is about to start rejecting GSK products handling

The pharmaceutical distribution industry is about to start rejecting GSK products handling since GSK products provide distribution cost less than the break-even point. Up to now, the pharmaceutical distribution indus...

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