News About: Distribution
Wholesalers questioning whom to blame for government's drug price slashes.
Recently the pharmaceutical industry blamed the drug wholesalers for their drug prices being slashed by the government. In this complaint the drug wholesale community harshly responded to the industry as claiming to ...
Industrial utmost cooperation necessary for cleanup against rebates problems.
Pharmaceutical Industrial Wholesale Association (PIWA) took a meeting on July 8 to discuss current issues and decided to cooperate with the pharmaceutical industry if the industry tries to keep their prices in the mar...
Pharmaceutical Logistic Association to stay for the time being.
The Pharmaceutical Logistic Association (Association) decided not to liquidate but to keep it for the time being in the directorate meeting on July 8 in line with their cooperation to the government's distribution ref...
Drug wholesalers grapping with financial hardships
Amid the protracted slump in the domestic pharmaceutical market, it is rumored that a number of wholesalers will go bankrupt as their financial situation has become worsened due to more intensified competition.
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Zuellig Korea' delayed delivery came under fire
Domestic wholesalers and pharmacies are quite concerned about the prevailing delay of drug delivery from Zuellig Korea in spite of the latter's commitment toward the daily delivery of drugs as its proclaimed advance d...
Angry wholesalers showing tough stance to some pharmaceutical firms over returned goods
Pharmaceutical sources say that the recent refusal of some pharmaceutical firms on returned drugs has infuriated Seoul-based drug wholesalers and the possible show-down will likely be inevitable, if an amicable settle...
Public tender markets getting far distrustful.
The public tender business for the purchase of drugs mostly invited by general hospitals seemed to go very distrustful, revealing that the suppliers are hardly get any business gains even though such a difficult tende...
Domestic wholesalers has nowhere to retreat
The Korea Drug Wholesalers Association said it would set up a contingency committee for protecting wholesaler's right sooner or later, in an attempt to cope with the outstanding issues affecting domestic wholesaling i...
Zuellig's drug wholesale business stepping in China.
Zuellig Pharma China succeeded in establishing a joint venture drug wholesale company named "Zuellig Xinxing Pharmaceutical in China at the early of June after obtaining its approval from the Ministry of Commerce.
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Domestic OTC wholesalers struggling with Zuellig Korea with a sense of crisis
With mounting concerns over increasing portion of products handled by Zuellig Korea exceeding 20 percent (more than 30 percent in some cases) per wholesaler, both domestic OTC and ethical wholesalers are in a dilemma ...
