Local drug wholesalers urged to seek ‘economies of scale’

Korean pharmaceutical wholesalers are needed to join forces to realize the `economies of scale’, in a bid to keep their business afloat, according to a local analyst.

Ko Eun-ji, a research fellow of LG Economic Institute, said that the domestic wholesaling industry should be open to the M&A option on the small- and medium-sized wholesalers for expansion as the market share of Korea’s top thr...