News About: Distribution
Government urged to scrap regulation over wholesalers' unsealed selling of drugs
In its recent interview on March 8, Seoul chapter of the Korea Pharmaceutical Association called on the Ministry of Health and Welfare to scrap the provisions of banning unsealed selling of drugs at pharmacy among the...
Drug makers strictly to be controlled over Veteran Hospital bidding.
The public tender invited by Veteran hospital for the purchase of drugs becomes due on April 8 (the contract determined on April 6), showing a keen interest as to whether the drug supply would be smoothly proceeded.
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Service fee of Zuellig grew up 44% last year.
Zuellig Korea earned about 21.563 million won of service fees in 2003 including 330 million won of operating income.
Zuellig's revenue was accounted only for the service fees not for the gross sales since Zuellig b...
Boryung wholesale co. to achieve 20.2 BW sales in 2003.
Boryung pharmaceutical wholesale company made, in 2003, 20.2 billion won of net sales, 2.62% up from the previous year, 515 million won of operating income (56.6% up) and 590 million won of ordinary income (41.29% up)...
Sowha drug wholesale co. to achieve 73.1 billion won of net sales in 2003.
Sowha drug wholesale company reported the 2003 business performance with 73,187 million won of sales in 2003, 18.57% up from the previous year, 4,473 million won of operating income (1.96% up), 11,560 million won of o...
KPWA to justify unified distribution to FTC.
Korea Pharmaceutical Wholesale Association (KPWA) made it clear that the pharmaceutical distribution channel should be unified continuously.
In the invitational meeting by the Fair Trade Commission on March 22, KP...
Wholesalers calling for unified distribution and marketing order of drugs
The Korea Drug Wholesalers Association has called for the government to study measures to promote more fair transaction code by wholesalers as part of efforts to establish a unified distribution and marketing order of...
Drug makers still supplying broken or inferior drugs.
Despite KFDA's strict quality controls a lot of broken or inferior drugs are on the markets according to the Illegal and Inferior Drug Report Center of KPA.
Most of inferior drugs came out in the delivery process d...
Local wholesalers keen on M&A and joint logistics
Business sources said there is mounting trend that outstanding issues on merger & acquisition among wholesalers and joint logistics of drugs have been actively promoted by a local M&A committee in Pusan, southern part...
Domestic pharmacies hit by rejection of credit card usage in drug settlement
A great majority of pharmacies have suffered from the non-acceptance of credit cards in their settlement of drug payment from some pharmaceutical firms or wholesalers that have supplied high-priced prescription drugs ...
