News About: Distribution
Two wholesalers announce merger agreement
Pusan based Samwon Pharm, a leading wholesaler, will execute the signing of a merger agreement with Daegu Pharm on May 5.
This transaction marks the major step in Samwon’s strategy for growth.
“We strongly beli...
Wholesalers, drugmakers on same path on new drug pricing reform
Domestic wholesalers and pharmaceutical manufacturers are in agreement that a "comprehensive and definitive" approach is required to comply with the government’s aggressive plan to pay medical institutions and drug st...
Wholesalers, Zuellig at odds over new contract
A dispute is brewing between domestic wholesalers and Zuellig Pharma Korea (ZPK), after ZPK delivered a letter dated February 9 to the Korea Association of Pharmaceutical Wholesaler to stop the undue intervention over...
Wholesalers struggling to maintain unified drug distribution system
Now that the unified drug distribution system is scheduled to be scrapped from December 31, this year, pharmaceutical wholesalers are endeavoring to maintain the system with every possible means.
Wholesalers said t...
Drugmakers urged to cooperate over unified distribution issue
Local wholesalers reaffirmed its will to push up with its unified drug distribution policy.
A group of top executives from the Korea Association of Pharmaceutical Wholesalers made a visit to the Korea Pharmaceutica...
Wholesalers emphasizes closer collaboration with drug makers
Closer cooperation between domestic wholesalers and drug makers is likely to pick up, with efforts being made to step up exchanges in the “win-win” spirit, according to the Korea Association of Pharmaceutical Wholesal...
Leading pharmaceutical wholesalers to speed up M&A move
The local leading wholesalers are poised to accelerate their M&A moves as part of their efforts to beef up competitiveness.
Industry analysts have interpreted the change of business structures via mergers and acqui...
Concerns growing over sales pattern of foreign invested wholesaling firm
There are mounting concerns among wholesalers in Pusan that Kyungdong Sa, a foreign-invested wholesaling firm, is impending fair competition.
At present, Kyungdong Sa is striving to secure its pharmacy outlets by p...
Zuellig Pharma Korea seeking win-win strategy with wholesalers
Tom Vanmolkot, president of Zuelllig Pharma Korea (ZPK) has been invigorating his efforts to push a “win-win’’ approach with domestic pharmaceutical wholesalers from next year.
“We need a proactive attitude and gre...
Geoyoung to take over Jeonju Pharm
Geoyoung Group, a local leading wholesaler, says it has acquired a controlling stake of 60 percent in Jeonju Pharm, a wholesaling form in North Cholla Province.
The name of Jeonju Pharm will be changed to Jeonju Ge...
