News About: Distribution
Multinational firms showing lukewarm attitudes over direct dealing with Dongwon
Most of foreign-invested pharmaceutical firms have opened their direct transactions with Dongwon Group’s affiliated wholesalers, but some of multinational companies are still inactive, according to market observers.
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Pharmaceutical wholesalers urged to promote create new wholesaling atmosphere
It is necessary for drug wholesalers to expand the scope of their direct logistics activities instead of relying on blockers based business, according to a senior wholesaler.
“It has been a common practice to recru...
Geoyoung seeks to achieve 1 trillion won sales
The lack of the growth engines are touted as the weakest point for Korean pharmaceutical wholesalers, which have staged a cutthroat competition in the saturated market over the past several years.
Geoyoung, the cou...
Pharmaceutical wholesalers
The Korea Association of Pharmaceutical wholesalers will step up its fight against chronic illegal rebate practices whereby doctors and pharmacists receive money from wholesalers in return for prescribing or recommend...
Some multinational companies urged to open direct transaction
Two multinational companies are still hesitating to make an direct dealing with Dongwon Group Pharma, drawing strong criticism.
So far, these companies have shown lukewarm attitude over direct transaction.
Accor...
Wholesalers seeking to correct unfair contract terms with Zuellig
Pharmaceutical wholesalers in Seoul have rolled up their sleeves to revise the unfair contract clauses with Zuellig Pharma Korea.
They said the current ZPK contract has contained many unfair clauses against the cur...
BMS Korea, wholesalers to cooperate
Direct dealing between multinational companies and domestic wholesalers is picking, with the latter’s efforts to being made to step up direct transactions.
BMS Korea said on November 26 it has directly delivered th...
Two big wholesalers seeking more share in Pusan
Geoyoung, a local leading wholesaler, is set to expand its share in Pusan under its strategic alliance with Chungsipja, while a leading wholesaler in Daegu is poised to get more pie in the region.
Industry watchers...
Geoyoung ties up with Chungsipja
Geoyoung, a local leading wholesaler, has clinched a strategic alliance with Pusan based wholesaler Chungsipja as part of its efforts to strengthen their presence in domestic drug logistics market.
Under the recent...
Wholesalers calls for wider direct transaction
Members of the Korea Association of Pharmaceutical Wholesaler have urged multinational drug manufacturers to open direct dealings for establishing a fair competition.
The association issued one statement on Novembe...
