News About: Distribution
Wholesalers Support Pharmaceutical Small-Unit Packaging Requirement
The Korea Association of Pharmaceutical Wholesaler (KAPW) submitted an official letter of recommendation to the Regulatory Reform Committee last week to expedite the regulatory implementation of pharmaceutical small-u...
New Pharmaceutical Wholesale Business Entrants Further Fractionalize Domestic Market
According to the Korea Association of Pharmaceutical Wholesaler (KAPW), there is a monthly average of 10 pharmaceutical wholesalers that are newly established to join the highly competitive, fractionalized domestic wh...
Local Wholesalers Expand Promotion Efforts for Domestic Generics
The representatives from the domestic pharmaceutical wholesale associations collectively decide on an expansion of first generic promotion effort, as well as an application of strict countermeasures to the manufacture...
Two Leading Companies with Different Sales Strategies Under Close Observation
The domestic pharmaceutical firms are making close observations on two leading companies with different sales and marketing strategies, where one focuses on the business relations with the pharmaceutical wholesalers w...
Retention of Experienced Personnel as Key Concern for Domestic Wholesalers
The domestic pharmaceutical wholesale community is expressing concerns over a recent trend where the manufacturing firms are recruiting a number of experienced people who previously worked at the wholesale companies.
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Strict Countermeasures by Local Wholesalers Planned Against Low-Margin Manufacturers
The Seoul Association of Pharmaceutical Wholesaler held its board meeting on January 12th to discuss on the potential measures towards a number of pharmaceutical manufacturers that the association has identified as a ...
Stated Financial Benefits Not Transferred to Local Wholesalers
The domestic pharmaceutical wholesalers are giving their deep concerns over the lack of anticipated invoice payment collections from the healthcare providers, where the government announced last year that it would pro...
Local Wholesalers Stress on Consolidation Efforts
Under the worsening financial situations collectively experienced by the domestic pharmaceutical wholesalers, the consensus among them to bring out a significant level of consolidation efforts to minimize costly compe...
Existing NHI Claim Policy under Debate
The pharmaceutical industry is debating over the existing insurance claim policy governing the use of actual transaction prices in the National Health Insurance (NHI) claims made by the healthcare providers, where the...
More Ethical Originals Subject to Replacement Promotion by Local Wholesalers
The extensive efforts currently exerted by the local pharmaceutical wholesalers to promote domestic ethical generics have been broadened to include other product types, including the injection vials.
The local whol...
