News About: Distribution
Foreign-invested pharmaceutical firms reiterate making bona fide commitment to outsourcing agreement
Business sources say that there has been an increasing disaccord due to non-fulfillment of the existing distribution agreement incurred by some foreign-invested pharmaceutical firms expressing their strong desire to j...
Psychtropic drugs to be returned in collective ways.
The Korea Pharmaceutical Association (KPA) took the Drug Distribution Order's meeting with representatives from 20 relevant pharmaceutical companies at Palace hotel to discuss problems including the stock returns of p...
Direct importation of Glivec's copy product sought
The group of leukemia patients and the Glivec publicity group said recently that Glivec's copy drug "Veenat" was directly imported from Indo's Natco at a price of $2 per tablet and thus each leukemia patient would be ...
SNU hospital likely to take a bidding again.
Seoul National Univ. hospital seems to take a public tender again because as of June 9 most of wholesalers except a few may fail to supply whole items that were supposed to complete by deadline date of June 10.
Alt...
Domestic drug wholesaling firms grappling with deepening financial hardships
A series of several domestic medium-sized ethical wholesaling firms' bankruptcy has spawned a flood of nightmare that a number of wholesalers will go bankrupt amid the protracted slump in the domestic pharmaceutical m...
Some multinational firms threaten to sever relationship with existing wholesalers
Business sources say that some foreign-invested pharmaceutical firms, which have had a joint outsourcing partnership with Zuellig Korea, are moving to sever the existing relations with domestic wholesalers and this th...
Baekje Pharm to launch nationwide logistics networkBaekje Pharm, the largest domestic wholesaler, is schedule to open its 14th branch office at Yangsan of Pusan on May 28th, followed by the previous opening of another branch off...
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Drug wholesalers having optimistic view on bankruptcy of Goshin Medical Center
Drug wholesalers in Pusan said on May 20 that Goshin Medical Center in insolvency fulfilled its overdue payment in cash (about 50 percent) to drug suppliers, while pledging to pay the remaining amounts in cash in a pe...
Drug wholesalers aggressively to stand against Zuellig.
The drug wholesales are going to take an aggressive attitude in coping with the problems raised by Zuellig, an international drug wholesale company in Korea.
The wholesale community has claimed unfair business poli...
Increasing number of small-sized drug wholesalers triggering concerns
The Korea Drug Wholesalers Association recently urged the government to take tougher action against the increasing trend of newly established small-sized individual wholesalers, as the current number stands at 1,200 a...
