News About: Distribution


Wholesale industry pointed out that it may be illegal to provide financial cost to medical care institution

Wholesaler companies are going through financial difficulty because of low distribution margin and low wholesale margin without financial cost from multinational pharmaceutical companies. In this situation, inside th...

There is growing crisis in wholesale industry due the entry of large companies into pharmaceutical distribution market

There is growing crisis in wholesale industry due the entry of large companies into pharmaceutical distribution market. On Feb 15, iMarketKorea, a subsidiary of interpark, anno...

Last year, wholesale and retail sales of medicine recorded 11.8210 trillion won

(Yakup Shinmoon) Last year, wholesale and retail sales of medicine recorded 11.8210 trillion won. On Fen 4, Shinhan Investment announced that wholesale and retail sales of pharmaceutical products in 2013 recor...

Korea Pharmaceutical Wholesalers Association decided to change the name of association

(Yakup Shinmoon) On Jan 22, Korea Pharmaceutical Wholesalers Association held final board meeting and considered the main agenda, and decided to change the name of association. They said that there remains ne...

Recently some of wholesalers who have the large pharmaceutical warehouse jumped in medicine consignm

Recently some of wholesalers who have the large pharmaceutical warehouse jumped in medicine consignment and the third party distribution business (Yakup Shinmoon) From April 2014, wholesaler warehouse area has t...

Korea Medicine Distribution Union operates 7 distribution center in Seoul and vicinity

(Yakup Shinmoon) On Jan 13, Korea Medicine Distribution Union held explanation meeting related to medicine consignment and third-party distribution in Tancheon conference room, Seongnam City Hall. Korea Medicine ...

Zuellig Pharma Korea “expands up to 10 thousand direct pharmacy accouts”

Christophe Piganiol, the president of Zuellig Pharma Korea, expressed not to accept the request of margin increasing by wholesalers. (Yakup Shinmoon) Multinational pharmaceutical distribution company, Zuellig Phar...

Pharmaceutical Wholesalers Association said “ we solve the low margin problem of Handok until the en

Pharmaceutical Wholesalers Association said “ we solve the low margin problem of Handok until the end of this year.” After December 20th, the compromise will be on the peak. (Yakup Shinmoon) KPWA (The Korean Phar...

Geoyoung achieved 1 trillion Won of annual sales revenue at first in local pharmaceutical distributi

Geoyoung achieved 1 trillion Won of annual sales revenue at first in local pharmaceutical distribution markets. On December 10th, there was a ceremony as anniversary, presenting three management ideologies, fairness,...

Geoyoung achieved sales revenue of 1 trillion won first in pharmaceutical industry

On December 10, Geoyoung held a vision proclamation ceremony (KPA News) Geoyoung achieved sales of 1 trillion won first as local pharmaceutical wholesales company. Local biggest wholesaler Geoyoung held ‘a visi...

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