News About: Distribution
Pharmacies turn eyes on new management style
A number of pharmacists are seeking to create new income sources to ensure more stable operation of their pharmacies.
There are growing equity investments toward leading wholesaling firms among proprietors of pharm...
Zuellig Pharma’s dominance dangerous for wholesaling sector
The rumor that two foreign-invested firms, Zuellig Pharma Korea and Kyungdongsa are strengthening their tie-up to dominate the domestic wholesaling drug market has promoted local wholesalers to go up in arms against t...
Pharmaceutical wholesalers fared well
Pharmaceutical wholesalers saw their revenues and profits jump on strong market demand last year amid overall business setback.
Ten wholesalers exceeding 200 billion won in sales accounted for 26.8 percent of total...
Zuellig salespersons lay idle
Zuellig Pharma Korea is now in a dilemma how to utilize its 30 salespersons involved in the over-the-counter (OTC) business of Boehringer Ingelheim.
The multinational drug manufacturer has signed a strategic partne...
Multinational firms urged to establish more fair business environment
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...
Geoyoung to sever relationship with ZPK
Geoyoung, the largest local pharmaceutical wholesaler, is moving to sever its relationship with Zuellig Pharma Korea (ZPK), following Dongwon Pharm.
Sources said that if Geoyoung is withdrawn, this will deal a seri...
Zuellig Pharma Korea to face bumpy road
The market dominance of Zuellig Pharma Korea in the local wholesaling industry might be weakened as a number of multinational drug manufacturers are considering making direct transactions with pharmaceutical wholesale...
Wholesalers avoid selling household insecticides
Household insecticides are becoming one of the most unpopular products in pharmaceutical wholesalers as wholesalers have no spacious storage space for the bulky products.
In spite of the fact that leading insectici...
Establishment of new body to promote development of small wholesalers eyed
Influenced by the rapidly changing pharmaceutical environments, a new organization designed to promote mutual benefits of small- and medium-sized wholesalers will be set up, according to pharmaceutical business source...
Samwon, Daegu sign acquisition deal
Samwon Pharm, a leading wholesaler in Pusan and South Kyungsang Province, said on March 5 that it signed an agreement to acquire Daegu Pharm.
The deal will make Samwon a 300-biillion won wholesaler that covers the ...
