News About: Distribution
Drug wholesalers raised to include returned good clause in trade contracts.
The Hospital Department of the Korea Pharmaceutical Wholesale Association (KPWA) took a meeting at Tower hotel on Mar. 12 to discuss problems about low distribution margins and returned goods. In the meeting they agre...
Seoul Wholesale Association to prosecute unqualified drug sales.
Seoul Pharmaceutical Wholesale Association found wholesalers who were selling drugs by unqualified personnels according to the self-surveillance team who conducted inspections in several areas and prosecuted them incl...
Southeast Asia-based drug chain giants are keen on domestic wholesaling market
With the impending domestic wholesaling market to foreign competition, market experts have warned that an array of some large-sized distribution chain headquarters in Southeast Asia are moving to join the domestic mar...
KGSP's regulating particulars required earlier trimming.
According to the Korean Association of Pharmaceutical Wholesaler(KAPW), "H" drug wholesale company reported a simulation survey result of the quality control record-keeping as prescribed in the relevant KGSP provision...
Domestic drug wholesalers face unrealistic provisions of KGSP system
Under the current KGSP (Korea Good Supply Practice) system, some provisions related to the keeping of quality control records (17 items) have proven to be unrealistic in the on-spot field, as a result of the recent si...
Drug wholesalers groaning under insolvent risk of pharmacies near hospitals
The recent bankruptcy of a large pharmacy neighboring at hospital, which has rumored last December, is pressing many domestic drug wholesalers to suspend their business or declare insolvency.
Market sources said th...
Drug industry pushing training programs for wholesaler's staffs.
The drug wholesale community complained that a drug company was attempting to train wholesaler's sales staffs with their superior position in marketing and training competence and policies.
A drug company already m...
Medical institutions cannot be engaged in wholesaling business, Constitutional Court says
Dealing a serious blow to the direct wholesaling operation of hospitals, which was sought by Kyunghee Medical Center, the Constitutional Court ruled on January 29 that medical institutions cannot directly operate the ...
Domestic drug wholesalers face uphill battle this year
Hardest hit by the protracted business slump last year, local OTC wholesalers are expected to face an uphill battle this year due to several negative factors.
Local OTC wholesalers are feeling the tightest pinch f...
Seoul Pharmaceutical Wholesalers Association set up 5 major projects.
President Hwang Chi-yeop of Seoul Pharmaceutical Wholesalers Association opted for 5 major core projects during the brief talk meeting in presence of the executives from 8 public and private organization on Jan. 6, wh...
