News About: Distribution
Wholesalers nervous of higher credit card fee
Wholesalers have been in dilemma over pharmacy business as pharmacists want to use general credit card in drug payment, according to market sources.
The sources say overall management condition of wholesalers is de...
Higher card fee angers wholesalers
Pharmaceutical wholesalers Thursday urged some pharmacies to receive an exclusive credit card for wholesalers in order to curb what they are calling unreasonably high general plastic card commission fees.
The credi...
Top 10 wholesalers revenues up 11%
The 10 Korean pharmaceutical wholesalers saw their revenues jump on their vigorous business activities last year.
According to a tentative tally compiled by Yakup Shinmoon, the combined revenue of 10 wholesalers ro...
Year-end price cut headache for pharmaceutical wholesalers
Many wholesalers agree that the government should shorten the announcement period of medicines to be reduced from January 1, next year.
On December 31 every year, wholesalers have found it quite difficult to deal w...
Wholesalers to undergo transition
Influenced by the government’s policy to abandon “rebates” ― a kind of kickback given by drug companies to pharmacies, clinics and hospitals for buying their products, pharmaceutical wholesalers are moving to make dir...
Wholesalers urged to set up consultative body for fair trade
There are growing voices in industry that wholesalers will have to establish its own consultative committee to abide by the fair trade code.
“Among other things, efforts for self-purification are needed to root out...
Wholesaler’s plan to establish pharmacy triggers protest
A pharmaceutical wholesaler plans to establish his own pharmacy in Seoul, but the plan has drawn a strong protest from pharmacies adjacent to a large hospital.
A total of eight pharmacists who run their pharmacies ...
Regional wholesalers to accept credit card
Pharmacies in Busan, Ulsan and South Kyungsang Province will be able to settle undue drug payment via credit card, as small- and medium-sized wholesalers located in these regions are willing to such credit card system...
Pharmacists at crossroads over rebate ban
Since the two-way sanctions guideline aiming to punish rebate takers and givers takes effect from November 28, pharmacists are standing at crossroads in dealing with wholesalers.
Under the new guideline, pharmacist...
Wholesalers adopt resolution over rebate plan
The Korea Pharmaceutical Wholesaler Association said on November 24 it has decided to accept a resolution to strictly abide by a revised law that punishes doctors for shady deals with drug makers.
In a recent meeti...
