News About: Distribution
Drug wholesalers overshadowed by Samsung’s entry into logistics business
Samsung Mulsan’s advancement into the local drug logistics business has triggered concerns among drug wholesalers, according to market sources.
Sources say Samsung is likely to infiltrate into the logistics busines...
Taejeon operates large logistics center in metropolitan area
Taejeon Pharm, a local wholesaler based in North Jeonbuk Province, is expanding its sales network in some metropolitan areas through construction of a large-size logistics center in Pyungtaik of Kyunggi Province.
T...
Wholesalers, Stiefel clash over Zuellig issue
The ever-increasing strife between pharmaceutical wholesalers and Stiefel Korea will be likely to deepen as Stiefel headquarters dismissed the request of Stiefel Korea, saying it is against its global policy.
Stief...
Government to get tough on ownership of wholesalers in hospital
The government plans to limit the stakes of wholesalers in medical institution through a revision of the national pharmaceutical affairs law, according to the Ministry of Health, Welfare and Family Affairs.
A minis...
Wholesalers in Seoul adopts resolution against Stiefel Korea
The Seoul chapter for the Korea Association of Pharmaceutical Wholesaler has adopted a resolution that Stiefel Korea should withdraw its sales policy to outsource its products to Zuellig Korea.
In its letter on Jul...
Wholesalers to set up fact-fining task force
The Korea Association of Pharmaceutical Wholesaler plans to establish a task force to investigate the rumors involving Samsung Mulsan’s entry into the local pharmaceutical logistics business.
According to a KAPW of...
Wholesalers threatened to boycott Stiefel products
The Korea Association of Pharmaceutical Wholesaler has threatened to boycott the handling of Stiefel products, saying that the company will help strengthen Zuellig’s dominance in the domestic logistics market.
The ...
Pharmaceutical wholesalers urged to seek unity
It is no time for drug wholesalers to remain idle amid negative environments, instead of looking on with folded arms, a senior wholesaler warned.
Critics say the wholesaling industry has left unchanged in a sharp s...
Samsung Mulsan seeking growth engine from pharmaceutical logistics business
There is a floating rumor attracted keen interests to the public that Samsung Mulsan, the top conglomerate group in Korea, may step into the pharmaceutical industry.
Such a rumor has chilled the local wholesaling i...
Merger and acquisitions fever in wholesaling industry
The local wholesalers in North Kyunggsan Province are headed or a big shake-up, as RMS Korea, owned by a foreign capital has grown keen on buying out several leading wholesaling firms.
RMS Korea has shifted its foc...
