Restructuring to sweep wholesaling industry

The government’s decision to cut domestic drug prices by an average of 17 percent from next year will also make it harder for drug wholesalers to do business.

Analysts expect a large number of mergers and acquisitions (M&A) to take place among wholesalers, and restructuring seems inevitable to offset worsening profitability.

They say the problem is that there are too many wholesalers, and...