News About: Distribution


Geoyoung, Astellas Korea to cooperate

Cooperation between multinational firms and domestic wholesalers is picking up, with efforts being made to improve drug logistics service sector. Geoyoung, the nation’s leading wholesaler, has recently signed a mem...

Pfizer Korea opens direct transaction with Dongwon

Pfizer Korea said on November 5 that it has initiated its direct dealing with Dongwon Pharma Group, a local leading wholesaler. Domestic wholesalers welcomed the company’s decision, saying other multinational firms...

Leading wholesaler calls for more fair trade environment

Zuellig Pharma Korea (ZPK) needs to sharpen their logistics business through competition rather than sub-wholesaling business activities, said Kim Ki-woon, chairman of Paikje Pharm, the largest wholesaler in Korea. ...

ZPK criticized for intentional delivery delay of pharmaceutical products

Zuellig Pharma Korea has been under fire for having delayed the delivery of drugs ordered by affiliated firms of Dongwon Pharma Group without specific reasons. Dongwon officials said they placed an order with medic...

Local drug wholesalers urged to seek ‘economies of scale’

Korean pharmaceutical wholesalers are needed to join forces to realize the `economies of scale’, in a bid to keep their business afloat, according to a local analyst. Ko Eun-ji, a research fellow of LG Economic Ins...

Multinationals’ slow reaction to direct dealing provokes protest

The slow action of some of multinational drug manufactures for mounting voices to expand the direct transaction with domestic wholesalers has provoked criticism from wholesalers in Seoul. The Seoul Pharmaceutical W...

Baikje to support rival wholesaler

Baikje Pharma Group, a homegrown large wholesaler, is likely to start offering support to its business rival Dongwon Pharma Group in a bid to keep the latter’s business afloat, according to pharmaceutical sources. ...

Dongwon calls for earlier commencement of direct transaction

Eight associate wholesalers of Dongwon Pharma Group have called on Pfizer Korea to promptly open its direct dealing with them so as to ensure more smooth distribution of drugs, in a recently issued statement. The s...

Pfizer Korea must stick to “direct dealing” commitment

Domestic pharmaceutical wholesalers are paying keen attention to when Pfizer Korea will make a direct dealing with wholesalers. Especially the company decided to make a direct transaction with Dongwon Pharma Group on ...

Pfizer Korea’s direct dealing to hit Zuellig Korea

Pfizer Korea’s recent decision to make a direct dealing with Dongwon Phama Group will deal the hardest hit to future business of Zuellig Pharma Korea (ZPK). Sources say other outsourcing partners, such as MSD Kore...

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