Wholesalers grapping to boost bottom lines

All eyes are on the movement of the Pharmaceutical Development Conference (PDC) as Bayer Korea expressed its internal decision to cut wholesalers’ profit margins by 5 percent next year, during a meeting with executives from the Korea Pharmaceutical Wholesaler Association (KPWA) on October 2.

Composed of 30 leading drug wholesalers, the PDC opposed the cutback plan vehemently, threatening a b...