News About: Distribution
Wholesalers betting on fiver-day workweek
More and more wholesalers are preparing to opt for the five-day workweek system as part of their efforts to recruit young people, amid Korean society's growing interest in the value of leisure time and raising the qua...
[NEWS FOCUS] Rocky road ahead
Rough sail is expected between domestic wholesalers and Zuellig Pharma Korea (ZPK) till 17 multinational drug manufacturers will withdraw their exclusive rights offered
to ZPK.
Domestic drug wholesalers and (ZPK)...
Zuellig, wholesalers agreed to renegotiate contract
In a meeting on June 27, the Korean Pharmaceutical Wholesalers Association and Zuellig Pharma Korea (ZPK) came to an agreement to re-discuss the terms and conditions of a contract proposed by JPK.
Furthermore, the ...
Wholesalers vow to address unfair agreement with ZPK
The Korea Pharmaceutical Wholesalers Association said on June 26 that it will hold its special meeting on July 9 to work out measures to cope with the controversial unfair clause (Article 10) of the Agreement executed...
Wholesalers demand active intervention to Zuellig issue
The Korea Pharmaceutical Wholesalers Association (KPWA) has called for Zuellig Pharma Holdings, largest shareholder of Zuellig Pharma Korea (ZPK), to play an active role in narrowing the gap between ZPK and its associ...
Zuellig, foreign drug manufacturers to face government intervention
The Ministry of Health and Welfare is keeping a watchful eye on the movement of Zuellig Pharma Korea (ZPK) and 17 multinational drug makers to find out if they have violated the country's anti-trust regulations.
Ac...
Zuellig Pharma Korea sticking to individual negotiationsThe conflict will be deepening between Zuellig Pharma Korea (ZPK) and its associate wholesalers over the recently disputed wholesaler margin.
In a press interview on June 22,...
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Foreign drug manufacturers to apologize drug shortageThe Korea Pharmaceutical Association said on June 20 that representatives of 11 multinational drug manufacturers, Zuellig Pharma Korea and Korea Pharmaceutical Wholesalers Assoc...
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IMS data not to cover sales of 17 foreign drug makers
IMS Health said its Korean data will not reflect the sales of 17 foreign drug manufacturers from June.
Recently, OTC wholesalers in Seoul and Kyuggi Province decided to offer their monthly sales report lacking sale...
Game of truth underlies drug shortage
Zuellig Pharma Korea (ZPK) is the subject of grievances of local pharmacists amid the recent blame game'' with its associate wholesalers over increasing cases of drug shortage associated with 17 multinational drug man...