News About: Distribution
Domestic wholesaling industry calling for eased regulations of drug distribution cooperatives
Business sources say that in the midst of rapidly growing number of small-sized wholesalers up to 15-20 a month, the increased role of drug distribution cooperatives and wholesalers' joint drug distribution network wi...
M&A resurfaced as hot topic in wholesale communities.
The topic over the wholesaler's M&A has been emerged again in the drug wholesale communities amid crying "We all get collapsed" caused by the recent frozen economy in the markets. However, the community has voiced con...
Scrapping of drug subdivision provisions eyed
The domestic wholesaling industry is pleased to note that the Korea Food and Drug Administration was reported to request the Health Ministry to scrap the provisions concerning the subdivided drugs in a bid to ensure s...
Domestic wholesalers to grapple with soaring stockpile of drugs
Under the current business slowdown dampened by higher oil prices and soft consumer sentiment tied to the war and the nuclear concern on the Korean peninsula, the recent growing behaviors of some pharmaceutical firms ...
Leading wholesalers' turnover up, but net profits down
According to statistics analyzed by Yakup Shinmoon, the majority of leading wholesalers last year witnessed overall fall in their management performance, notably in terms of profitability.
The sales of leading whol...
Zuellig's business ethics stir dispute
Zuellig Pharma Korea has again faced a bombardment of criticism from domestic wholesalers acting as agents for the company in distributing products, over the following controversial issues including its recent compuls...
Pharmaceutical Affairs Development Association to launch.
The Korea Pharmaceutical Wholesale Development Association has changed its title as the Korea Pharmaceutical Affairs Development Association (KPADA) and elected Mr. Lim Kyeong-whan the new president.
The Associatio...
Share of drug wholesalers in pharmaceutical firms' turnover is expanding
Since implementation of a new system of separating drug dispensing from medical practice in the year 2000, 102 pharmaceutical firms have been selling 2.4593 trillion won of their total output through drug wholesalers,...
Administrative litigation against Ezmedicom's drug fee eyed
Domestic wholesaling industry will lodge an administrative litigation against Ezmedicom's arbitrary drug fee imposition of 0.9 percent as its stern countermeasure, while presenting to Chong Wa Dae (Presidential House)...
Ezmedicom clarifies several controversial issues
Stimulated by the recent e-commerce tender results that of the 11 drug wholesaler registered, more than 50 percent were successful bidders in Seoul National University Hospital, Ezmedicom are endeavoring to advocate i...
