News About: Distribution
Lifting of unified distribution system will hurt pharmaceutical sector
Lee Han-woo, president of the Korea Pharmaceutical Wholesaler Association, said on September 30 he will always ready to step down if the controversial unified distribution system is to be scrapped.
Lee claimed the ...
Cash incentive plan to trigger fiercer competition among wholesalers
The new drug-pricing reform, which allows a financial cost of 1.5 percent between wholesalers and pharmacies, may encourage wholesalers to engage in underhand forms of competition involving illegal rebates in pharmacy...
US Wholesalers seeking service fee
The major problem facing the Wholesale & Distribution industry in the United States is its low profit margin which is in the region of only 1-2%.
To cope with this unfavorable enviroment, three largest drug wholesa...
IFPW's biennial General Membership Meeting opens in Seoul
Hosted by the Korea Pharmaceutical Wholesalers Association (KPWA), the IFPW (International Federation of Pharmaceutical Wholesalers) General Membership Meeting opened at the Hotel Shilla Seoul, from Sept. 13 to 14, wi...
IFPW President emphasizes wholesalers’ role in pharmaceutical sector
Members in the International Federation of Pharmaceutical Wholesalers (IFPW) strive to provide companies with the insight needed to be successful in a changing marketplace and showcase the industry from the perspectiv...
Two wholesalers to set up holding firm
Two local wholesalers in Seoul – SongAm Pharm and Kiyoung Pharm – said on September 9 that they plan to establish a holding company in an effort to streamline their corporate structure within this year.
A working-l...
Wholesalers rally for scrapping of unified distribution system
Wholesalers rallied on September 2 in opposition of the government's attempt to scrap the controversial unified distribution system.
A total of 300 wholesalers joined throughout the country urged the Health Ministr...
Wholesalers call for extension of unified distribution system
The wholesaler’s group will stage a massive rally in Seoul on September 2, demanding the delay of unified distribution system which will expire at the end of this year.
So far, the Korea Association of Pharmaceutic...
CMC replaces drug supplier
Catholic Medical Center said it has recently signed a supply agreement with two new wholesalers, VivaMedi and Via Davinchi.
CMC officials said the two wholesalers will supply 300 billion worth of medicines to CMC f...
Wholesalers to make all-out
The government's move to scrap the controversial unified distribution plan at the end of this year has provoked criticism from wholesalers throughout the nation.
The heads of 12 provincial wholesaler associations h...
