News About: Distribution
Drug wholesalers support unified distribution system for drugs
Drug wholesalers said on February 22 it would soon hold a general meeting to uphold the controversial unified distribution system for drugs, according to the pharmaceutical business sources.
During that meeting, a ...
No-smoking aid market heats up
Domestic no-smoking aid market has emerged as an arena of tripartite competition Samyang's Nicostop, Johnson & Johnson Korea's Nicorette and Novartis' Nicotinel TTS.
Korea's no-smoking aid market is estimated at 2...
Geo Young to enter new era of drug logistic.
Geo Young may run its new drug logistic center located at Hyoseong dong Incheon city from coming March, thus opening its new era of drug logistic in Korea.
The center may be completed to construct in Feb. and comm...
Drug makers and wholesalers disputed on direct pharmacy business.
A conflict between drug industries and wholesalers was getting worse over the direct business deals with retail pharmacies. Recently many drug companies provided an increased rate of rebates to retail pharmacies, whic...
Moksan releases Ginkomin 120 mg
Moksan Pharm. Co., an American company, said on January 19 it has launched another dosage form of Ginkomin (ginkgo biloba extract) 120 mg in addition to its 40 mg.
Moksan acquired Dong-bang pharm through the public...
New drug purchase credit card plan to hit snag
The Ministry of Health and Welfare said on January 9 it decided to withdraw a new plan to introduce a drug purchase credit card system in the face of strong opposition from medical/pharmaceutical circles.
As an opt...
Many wholesalers to achieve sales more than 100 billion won level.
Amid overall general economic recessions most of local drug wholesalers had achieved their sales at a level of 100 billion won during 2006, showing a rising stance.
Yakup Press reported that as of Dec. 29, 2006 Geo...
Astrix price rises from 4,300 won to 7,700 won per 100 capsules
Boryung Pharm said the wholesaling price of Astrix (aspirin 100 mg capsule) has risen from 4,300 won to 7,700 won per 100 capsules from December 15, due to re-package formulation.
Astrix contains aspirin in an ente...
MOHW to run RFID system for drug distribution.
In an attempt to induce drug distribution safety and transparency the MOHW is going to adopt a new electronic tag system called Radio Frequency Identification (RFID) system.
In the MOHW meeting for the RFID project...
Unified distribution issue vexes drug wholesalers
Domestic wholesalers are now troubled by the unified distribution system as to whether it should be kept or abolished.
Some pharmaceutical firms are strongly calling for the National Reform Committee to abolish suc...