News About: Distribution
Um became chairman of Boksan Pharma Group
Incumbent vice president Um Tae-eung was named chairman of Boksan Pharma Group Thursday.
Um and president Sung Moon-kyung will head Boksan.
“I’ll make effort to make Bosan one of the most energetic companies wit...
Use of wholesaler’s exclusive credit card is promoted at drugstores
A growing number of pharmacies in Pusan and Kyungnam Provinces have opted for wholesaler’s exclusive credit card to help wholesalers cut high plastic card commission fees.
Currently, the general card fee charged to...
Dispute over warehouse getting heated
Small- and medium-sized pharmaceutical wholesalers are opposing a bill that requires wholesalers to expand their warehouse area to 80 pyung (1 pyung equals to 3.3 square meters).
The National Assembly recently pass...
Assembly passes revision bills on pharmaceutical laws
The National Assembly Tuesday passed bills aimed at overhauling the pharmaceutical affairs system, sending them to a plenary session for final approval.
These bills include the self-disciple rights of pharmaceutica...
Hectic year forecast for M&As in wholesaling industry
The mergers and acquisitions in the domestic wholesaling industry are expected to heat up this year as the National Assembly Friday passed a bill that obliges a wholesaler to arrange a warehouse with a space of at lea...
Zuellig Pharma Group names new president in Korea
Christophe Piganiol has been appointed Wednesday as the new president of Zuellig Pharma Korea, according to the Zuellig Pharma Group.
Mr. Piganiol, who has been in Korea since August 2010 as the company's Chief Ope...
Rising oil prices turn wholesalers into ordeal
In an effort to cope with rising international oil prices triggered by unrest in the Middle East, the government has restricted outdoor billboard lighting and encouraged people to refrain from using private vehicles. ...
Regional wholesalers seeking to lower card fee
There is a growing consensus in Pusan that wholesalers and pharmacies should join hands to reduce unreasonably high plastic card commission fee.
Wholesalers have complained that plastic card companies are charging ...
Wholesalers oppose OTC sales in supermarkets
Pharmaceutical wholesalers have expressed their negative reactions over the sales of over-the-counter (OTC) drugs in convenient stores and supermarkets.
The Korea Pharmaceutical Wholesaler Association President Lee...
Pharmaceutical firms urged to enhance risk management
Pharmaceutical companies should every effort to beef up their risk management as some pharmacies neighboring at general hospitals have requested wholesalers to extend their due drug payment until four month, said a ma...
