News About: Distribution
Korea to cooperate with China over pharmaceutical distribution sector
Chairman Lee Han-woo of the Korea Association of Pharmaceutical Wholesaler agreed with senior officials of the China Association of Pharmaceutical Commerce (CAPC) to make joint efforts to strengthen business cooperati...
Pharmaceutical wholesalers fight for survival
The Korea Association of Pharmaceutical Wholesaler (KAPW) is making all-out efforts to thwart entry of Samsung Moolsan in the local drug logistics business.
The association said the Small and Medium Business Admini...
Pharmaceutical wholesalers facing “survival game”
Worries have arisen that the Korean pharmaceutical wholesalers might be lose its leadership in the domestic drug logistics business in the midst where Care Camp, an affiliated company of Samsung Mulsan, is poised to e...
Pharmaceutical wholesalers promises to clean house
The wholesaling industry pledged to improve unethical practices in the pharmaceutical business.
The Korea Association of Pharmaceutical Wholesaler and its leading 30 wholesalers plan to hold a convention on July 28...
Goldman Sachs to invest 40 billion won to Geoyoung
Geoyoung Group said on July 9 that the Goldman Sachs Group, Inc. decided to invest 40 billion won to Geoyoung
In a recent press interview, Geoyoung co-chairman Lee Hee-goo said that Goldman Sachs’s investment will...
Wholesalers to hold rally against Samsung C&T
The Korea Association of Pharmaceutical Wholesaler will hold a rally in front of ex-Samsung chairman house to protest Samsung C&T’ Corporation’s advancement into the domestic drug logistics market.
The demonstratio...
Concerns growing over increasing number of drug wholesalers
There are concerns that ever-increasing number of drug wholesalers will adversely affect the whole wholesaling industry as the domestic pharmaceutical market shows clear signs of reaching saturation point.
However,...
Zuellig Pharma Korea under siege
Zuellig Pharma Korea is facing a bleak business outlook as domestic wholesalers, including ZPK associate wholesalers, are poised to go all-out in an attempt to fight against ZPK’s low margin and collateral policies.
...
Domestic wholesalers to go all-out against Samsung Moonsan
With Samsung Mulsan’s intention to advance into the local drug logistics business through Care Camp, the Korea Association of Pharmaceutical Wholesaler has united its whole strength to deter Samsung’s scheme.
The a...
Geoyoung looks to boost sales by 1 trillion won
Geoyoung Group expects this year’s sales will reach about 1 trillion won as it plans to take over Union Pharm’s pharmacy unit from next month.
The market value of Union Pharm’s pharmacy unit is estimated to be 25 b...
