News About: Distribution
4 candidates to crash head-on in February election
At least four potential candidates will race to run for the next president of the Korea Pharmaceutical Whosaler Association, political pundits claim.
The possible candidates include incumbent KPDA president Lee Han...
5 leading logistics distributors being contested
A total of Korea’s five large logistics distributors are competing to become three potential buyers to buy a controlling stake in the cooperative, according to an organizer of the Korea Drug Logistics Cooperative.
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Korea Drug Logistics Cooperative to select preferred bidder
An organizer of the Korea Drug Logistics Cooperative said Thursday that it will pick a preferred bidder among three potential buyers to buy a controlling stake in the cooperative, as part of its efforts to promote the...
Wholesaling market to be hit by product restructuring
Pharmaceutical industry experts say that Korean drug firms has turned more pessimistic about their business outlook, adding the introduction of product restructuring program is a preemptive step to better deal with an...
Wholesalers seeking to slash card fees
Credit card firms are coming under pressure to slash fees they charge pharmaceutical wholesalers as the government plans to slash the price of about half the drugs on the market by an average of 14 percent starting ne...
6 companies for Korea Drug Logistics Cooperative to be selected
Organizers of Korea Drug Logistics Cooperative for small- and medium-sized wholesalers are likely to pick the preferred bidder on December 9 in their efforts to wrap up the deal as early as this year.
The organizer...
Building lots of Gimpo logistics complex goes on sale
Korea Water Resources Corp. (K-water), a government-funded enterprise, says it has sold building lots located at Gimpo logistics complex and Incheon International Airport at cheaper prices.
The Korea Pharmaceutical...
Restructuring to sweep wholesaling industry
The government’s decision to cut domestic drug prices by an average of 17 percent from next year will also make it harder for drug wholesalers to do business.
Analysts expect a large number of mergers and acquisiti...
Drug distribution cooperatives to select potential bidders
The committee for the projected drug distribution cooperatives will hold a business information session at Seoul Saint Mary’s Hospital.
The session, which will be held at 2 p.m. on October 11, is expected to attrac...
Zuellig Pharma joins forces with Roche Diagnostics Korea
Zuellig Pharma Korea said recently that it has forged an alliance with Roche Diagnostics Korea in an effort to exclusively distribute the latter’s products.
“The deal with Zuellig Pharma Korea is expected to help f...
