News About: Distribution
Wholesalers agree to accept new rebate ban
The Korea Pharmaceutical Wholesaler Association will strictly observe a revised law that punishes doctors and pharmacists for shady deals with drug makers from November 28.
In a recent statement, the association sa...
50 leading wholesalers vow to clean house
In a ceremony to be held in Seoul on November 24, a total of 50 major wholesalers will declare the launch of a compliance program (CP) for fair trade, according to the Korea Pharmaceutical Wholesaler Association.
T...
Wholesalers vow to clean house
Ahead of the enforcement of new regulations to clarify the financial expense (2.8 percent at maximum) to be allowed in drug transaction between pharmacists and wholesalers, wholesalers began to refrain from using reba...
Illegal rebate activities in wholesaling industry to be specified
The scope of a financial expense to be allowed between wholesalers and pharmacies will be determined in the final review of the National Reform Committee to be held on November 18.
Accordingly, pharmaceutical whole...
Lee Han-woo to step down
Lee Han-woo, incumbent president of the Korea Pharmaceutical Wholesaler Association, said on November 10 that he has offered to resign over the responsibilities for his inability to delay the controversial unified dis...
Wholesaler on high alert over drugmakers’ new sales policy
Domestic pharmaceutical wholesalers have been placed on top alert to brace for new sales policies pharmaceutical firms will adopt to boost sales.
These days, pharmaceutical companies face the government’s intensiv...
1,500 wholesalers hold massive rally
A total of 1,500 pharmaceutical wholesalers staged a massive rally for the delay of the controversial unified distribution in front of the Ministry of Health and Welfare on October 19.
Participants at the rally cal...
Wholesalers agonize over scope of pharmacy rebate
The government has implemented a new drug-pricing system aimed at uprooting rampant illegal rebate activities in the pharmaceutical industry.
According to the Ministry for Health, Welfare and Family Affairs, the g...
Wholesalers to stage second rally against unified distribution system
A group of wholesalers will hold a rally in front of the Ministry of Health ad Welfare in Seoul on October 19 to protest the government’s plan to scrap the unified distribution system at the end of this year, accordin...
IFPW members back unified distribution system in Korea
21 member countries of The International Federation of Pharmaceutical Wholesaler (IFPW) supported the delay of unified distribution plan to be scrapped by the end of this year.
The Korea Pharmaceutical Wholesaler ...
