News About: Distribution
DHL to launch drug logistics business in Korea
DHL, a global market leader in international express deliveries, overland transport and air and ocean freight, will launch its exclusive delivery service of pharmaceuticals, a preparatory committee of drug distributio...
Wholesaling industry promises to clean house
The Korea Pharmaceutical Wholesaler Association has pledged to improve unethical business practices as wholesalers have handled almost 80 percent of the domestic drug logistics business in 2010, citing a report by a g...
Drug distribution cooperatives to be set up
The plan for small- and medium-sized drug distribution cooperatives is expected to get a momentum as the organizer will open an information session on August 18.
Market insiders said that the establishment of such ...
Drug wholesalers reluctant to supply medicines to supermarkets
People will be unable to buy Bacchus drink— one of the most popular tonics here — or other over-the-counter (OTC) at supermarkets and 24-hour convenience stores for the time being as pharmaceutical wholesalers are ver...
Zuellig Pharma still threatening
When Zuellig Pharma, a regional distributor of pharmaceutical and health care products, established a subsidiary in Korea in 2000, hundreds of local wholesalers went up in arms against the new entrant seeing it as a t...
Pharma wholesalers must evolve into service providers
Pharmaceutical wholesalers in Korea need to evolve to meet the rapidly changing pharmaceutical market amid the prosecutors’ recent probe against illegal rebate atcts, market watchers said.
So far, Korean pharmaceut...
Small wholesales eye establishment of drug distribution cooperative
Small- and medium-sized pharmaceutical wholesalers plan to set up their drug distribution cooperative as part of efforts to increase their roles in the local logistics industry, according to the Korean Pharmaceutical ...
Assembly passes bill to prevent drug sales by ineligible wholesalers
The National Assembly Friday passes bills aiming at overhauling the domestic drug distribution system.
The approved bills are expected to ensure a fair trade law at medical institutions and pharmacies, pharmaceutic...
Zuellig mulls acceptance of pharmacy oriented exclusive card
Zuellig Pharma Korea is considering accepting pharmacy exclusive cards in local regions, although the drug distributor has acknowledged the use of Samsung Card and Pharmsco Card only.
Recently, Pusan Pharmaceutical...
Wholesalers’ profit down
Wholesalers saw their revenues jump on growing demand last year, but their ability to generate cash from a variety of operating activities fell on worsening profitability as a result of cut-throat competition.
Acco...
