Drug wholesalers, Seoul Credit Guarantee team up for credit guarantee

The Korea Pharmaceutical Wholesaler Association (KPWA) said Thursday that it will step up efforts to support small wholesalers in Seoul and other regions.

In the midst of the prolonged economic recession, many local small wholesalers are on the verge of going under as they struggle for cash and access to capital. To make matters worse, more small wholesalers have become unable to service deb...