News About: Distribution
KPWA and KPMA meeting for current issues.
Korea Pharmaceutical Wholesale Association (KPWA) and Korea Pharmaceutical Manufacturers Association (KPMA) meet together at Palace hotel at noon on June 8 to discuss current issues including the distribution margins,...
Chodang Pharm inks tie-up with Nihon Seiyaku
Following the Korea government's move to push for a free-trade agreement with Japan in 2006, the partnership deal between the largest wholesalers of both countries is drawing keen attention from related industries at ...
Wholesalers to replace foreign brand drugs with other alternatives.
The pharmaceutical wholesale community intends to replace the foreigner's monopolized brands with other alternative items.
In the city and provincial executive's meeting affiliated to the Korea Pharmaceutical Whole...
Tougher GSP facility regulation of new wholesaling entrants
In the May 19 board of directors meeting, the Korea Drug Wholesalers Association decided to propose, via GSP standing committee, to the government a tougher GSP facility regulation to the new entrants in the domestic ...
Wholesalers resentful over harsh pressure on warranty.
In consequence of the default incidence of Baekseh wholesale company most of drug makers are pushing heavier pressures to wholesalers on the warranty, for which wholesalers are in big wrath.
Wholesalers pointed ou...
13 illegal herbal drugs sellers uncovered.
Busan KFDA uncovered 13 illegal herbal drug sellers including 4 makers and 9 wholesalers who violated the Pharmaceutical Affairs Act during the regular inspection on the illegal herbal drug distribution.
Violatio...
Criticism mounting over Zuellig Korea's excessive royalty payment to HK-based headquarters
With Zuellig Korea's recent announcement that for the past four years it had paid a total of 5.4 billion won to Hong-Kong-based Zuellig Pharma Holding Limited, known as the largest shareholder, in return for market an...
Public hospital bidding should be systematically trimmed.
The drug industry and distribution communities loudly voiced out that the government should set up a systematic framework for the national and public hospital's bidding in their drug purchases in order to prevent the ...
Drug wholesalers want government intervention in state-run hospitals bidding market
Faced with severely disturbed transaction order in the national and official hospitals bidding market, fueled by a variety of reckless price dumping acts among fierce competition, domestic drug wholesalers are now cal...
National hospital bidding market seen intensifying
The national and public hospital market competition is expected to heat up this year, since the bankruptcy of Baiksei Pharm, wholesaling firm taking larger bidding performance in the domestic hospital sector.
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