Bayer Korea's tighter money payment policy angers drug wholesalers

Ethical wholesalers made clear their opposition of Bayer Korea's new 90-day turnover plan with 100% collateral which has been implemented from this month.

According to the plan, ethical associate wholesalers are obliged to settle their outstanding payment within three months on a speed-call basis, regardless of cash or bill. Furthermore, these wholesalers are not benefitting from credit bill...