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KPWA indefinitely postpones ‘group action’ on return of Handok’s products

Resolve of concerns on rejection of Handok products (Doctor’s News) On December 2, Korea Pharmaceutical Wholesalers Association declared the distribution rejection of Handok products because of lower margin and d...

Geoyoung achieved sales revenue of 1 trillion won first in pharmaceutical industry

On December 10, Geoyoung held a vision proclamation ceremony (KPA News) Geoyoung achieved sales of 1 trillion won first as local pharmaceutical wholesales company. Local biggest wholesaler Geoyoung held ‘a visi...

Pharmaceutical companies have feeling of tension in the end of year like ‘typhoon in the silence’

‘Keep attention’ on the wholesalers’ margin issue and – Government’s policy … gives strong pressure ‘paying attention’ (Yakup Shinmoon) Pharmaceutical companies are under the high pressure in the end of year becau...

“Handok talks outwardly, but also enforces the wholesalers.”

Handok sent official warning letter to wholesalers about ‘warning on violation of the pharmaceutical affairs law and the fair trade act’. (Yakup Shinmoon) Handok starts to take an action to press their account who...

Who is right about distribution margin? “Handok: over 8.8%, Wholesalers: 5%”

Handok says that “The average on total trade with hospital wholesalers and pharmacy wholesalers”, Wholesalers say the “bubble number included payment due dates to Hospital” (Yakup Shinmoon) The conflicts between H...

Asan>Severance>Samsung>Seoul national university>Seoul Saint Mary

According to analysis of total consultation fee in the first half of 2013, the share of high rank hospitals has grown significantly. (Dailymedi) The gap between the rich and the poor hospital is repeating again. T...

Samsung and Severance tied for first place for two consecutive years

2013 NCSI (National Customer Satisfaction Index) places Seoul Saint Mary for the third place (Dailymedi) In the hospital medical service business area of NCSI this year, Samsung Seoul Hospital and Yoensei Universi...

KPMA starts to interfere in KPWA boycott action of Handok’s products

The board of KPMA strictly confronts with ‘group action’ considering ‘training pharmaceutical companies’ (Yakup Shinmoon) Korea Pharmaceutical Manufacturer Association(KPMA) starts to interfere with KPWA about Han...

Yuhan Corporation achieved the export of 100 million dollars of raw medicine firstly as a pharmaceut

Yuhan Corporation achieved the export of 100 million dollars of raw medicine firstly as a pharmaceutical company in Korea. They were awarded as ‘export tower’. They were approved their direct supplying competitivenes...

Severe disease patients who excess upper limit of medical expense have increased disability rating a

Severe disease patients who excess upper limit of medical expense have increased disability rating and death rate. Upper limit system of medical expense increases medical cost and Coverage expansion should be subdivi...

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