More OTC small wholesalers forced into bankruptcy

A growing number of small-and mid-sized OTC (over-the-counter) drug wholesalers here will go out of business in the years to come, due largely to a fiercer competition among wholesalers amid the global economic downturn.

Those remaining are on the brink of bankruptcy and could go under at any time unless business conditions pick up, market sources say.

“Many small OTC wholesalers are exp...