News About: Distribution


"Jio-young" actively on wholesale business through 11 regional drug wholesalers.

Jio-young company (Joint representatives: Chang Won-duk and Cho Sun-hae), a drug distribution company having a nation-wide on and off-networks with 11.6 billion won of capital equity announced on Aug. 8 that to cope w...

Drug wholesalers to face bothering by hospital's abusive practices.

Exploiting the business advantageous positions against drug wholesalers the medical institutions have continued abusive deals with wholesalers to give heavier business hardships by means of, for instance, soliciting w...

New entry of drug wholesalers grew up yearly 70%.

A whopping number of new drug wholesalers have surfaced to the drug wholesale market during the past one year in the wake of deregulation by the Regulation Reform Commission when launching the revised provision of dru...

Zuellig Pharma Korea to open Pusan distribution center

Zuellig Pharma Korea announced it would open its regional distibution center at Jangrim of Pusan on July 16, in a bid to cover all drug orders made by the pharmacies in Pusan and Ulsan on a same day delivery (SDD) bas...

Policy for unified drug distribution system urgently required.

The Korea Pharmaceutical Wholesale Association stated in the letter titled "What we want from new minister Kim Sung-ho" that a sustained policy on the unified drug distribution system is absolutely necessary to keep t...

OTC wholesaling business to face serious setbacks during summer season

Influenced by the Korean squad's advance to the World Cup semifinals and intensive selling of some OTCs in convenience stores, the sales of the domestic OTC wholesalers dipped by more than 10 percent in June. An OT...

Cardinal Health on the top of world drug wholesales

The IFPW(International Federation of Pharmaceutical Wholesalers) reported that Cardinal Health took the top with U$46 billion last year, then, McKessan the 2nd at U$41.1 billion and AmeriSource Bergen Corp. ...

Pharmacia Korea's labor union was back to their workplace on June 28

With the labor and the management of Pharmacia Korea settled on a wage increase on June 27, the labor union members, who went on their strike since May 15 due to the failure in a wage negotiation, were back to their b...

Subsequent reductions in insurance prices irritate the domestic pharmaceutical industry

Pharmaceutical industry observers say that many domestic pharmaceutical firms, which have been heavily dependent on the exclusive wholesaling business due to their fragile distribution structure in the regional areas,...

Called for Zuellig-Pharmacy contracts to reset.

National city and provincial associations affiliated to the KPhA (chairman: Chun Young-koo) decided in the meeting to send a standard distribution agreement to Zuellig on June 20, asking them to make agreements again ...

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