News About: Distribution
Discontent mounting over multinationals’ hesitant action
Despite local pharmaceutical wholesalers’ desire to make a direct transaction with foreign-invested manufacturers here, most of multinational firms are still hesitant on how to cope with antipathy of Zuellig’s associ...
Multinational, Zuellig challenged
CEOs of multinational pharmaceutical firms and Zuellig Korea officials held a meeting on October 13 to discuss ways to keep wholesalers from making direct transactions, while associate wholesalers with Zuellig are thr...
Zuellig criticized for unfair business practice
Zuellig Korea is under fire for having allegedly instigated pharmacies in Daegu and North Kyungbuk Province to stop dealing with Dongwon Pharm, amid the situation where three associate wholesalers has recently severed...
Pharmaceutical wholesalers to gear up for direct transaction with multinationals
The Korea Association of Pharmaceutical Wholesaler is speeding up its all-out plan to promote the direct dealing between multinational pharmaceutical companies and local drug wholesalers.
According to industry sour...
Wholesalers defy Zuellig Korea
Boksan Pharm, a local wholesaler in Pusan, announced on September 29 that it will discontinue a business relationship with Zuellig Korea, following Dongwon and Chungsipja.
Other leading wholesalers, such as Geoyoun...
Novartis is in consensus with wholesalers over direct transaction
Novartis Korea and pharmaceutical wholesalers were in agreement that joint efforts are required to promote a direct deal between wholesalers and Novartis.
“Novartis Korea will seek to foster more fair competition i...
Zuellig Korea on bumpy road
Zuellig Korea has been facing strong resistance from domestic wholesalers as Chungsipja, the largest local wholesaler in Pusan and South Kyungsang Province, announced a plan to sever its sever relationship with Zullig...
Wholesalers united to back Dongwon
Pharmaceutical wholesalers in Seoul adopted its resolution at September 25 meeting, promising fullest support to Dongwon Group’s recent decision to sever relationship with Zuellig Korea.
They endorsed the withdrawa...
Dongwon to gear up for better service
Dongwon Pharma Group, who has boldly severed its relationship with Zuellig Korea, said it will make all-out efforts to revamp the company to offer better and more efficient services to pharmaceutical firms and pharmac...
Dongwon severs ties with Zeullig Korea
Dongwon Pharma Group, the nation’s largest pharmaceutical wholesaler with 500 billion won in sales, has recently decided to sever its business relationship with Zuellig Korea amid worsening business conditions.
The...