News About: Distribution
Gioyoung to operate it full-fledged distribution business from this December
Gioyoung has secured several drug distribution warehouses to jointly purchase the combined drugs of 62 pharmaceutical firms from next month.
Gioyoung said that the drug distribution business would be operated by 14...
Government willingness to go ahead with drug distribution reform project
The Committee of Health and Welfare of the National Assembly decided to support 4.0 billion won as an operating fund of the drug distribution information system on October 23.
Once the bill is to pass through the C...
Domestic wholesalers suffers from Zuellig Korea's 5% wholesaler margin
Market observers say that although an agreement was made on the direct transaction between Zuellig Korea-joining pharmaceutical firms and the Korea Drug Wholesalers Association, most pharmaceutical firms are still mak...
National Assembly to fund drug distribution information system
The National Assembly plans to support the operation fund of 4.0 billion won to promote the drug distribution information system and the drug distribution reform plan through Helfline will be accelerated, according to...
Wholesaling industry is facing serious threat under reduced margin scope
Business sources say that as domestic and foreign-invested pharmaceutical firms are moving to reduce the margin of wholesalers, many wholesalers are concerned that their reduced margin scope will affect the turnover a...
Drug makers and wholesalers to dispute about credit collection allowances.
The pharmaceutical industry and wholesalers are under a hot dispute about the credit collection allowances. The drug industry widely admitted that the credit allowances should be eliminated in view of blocking any clu...
Regulation concerning subdivided sale of drugs should be deleted
Which is the top priority in the matter of drug, supply or safety?
The domestic wholesaling industry has strongly called for the abolition of a regulation concerning the subdivided sale of drugs that is stipulated ...
Government unveils e-trade promotional plans
The Ministry of Health and Welfare adopted mid-and long-term action plans for e-trade in the national health center, calling for an earlier promotion of e-trade through the standardization of product classification sy...
Drug wholesalers to remain cautious about ceiling of average wholesale margin
The domestic drug wholesalers are concerned about the establishment of average wholesale margin, amid some drug maker's move to reduce their current agency fee to a five percent level.
Some wholesalers claimed that...
Drug wholesale industry to phase in professional management era.
The drug wholesale industry has entered into the new era for its professional management, employing wholesale experts who had proved their wholesale management skills or experienced the wholesale business management i...
