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Controversy erupts over Bayer's new payment policy

Published: 2008-03-10 06:58:00
Updated: 2008-03-10 06:58:00
The Korean Association of Pharmaceutical Wholesaler plans to discuss the new Bayer sales policy as an agenda at March 12 meeting, amid various reactions from ethical and OTC wholesalers.

According to Bayer Korea's new 90-day turnover plan, ethical associate wholesalers are obliged to settle their outstanding payment within three months on a speed-call basis, regardless of cash or bill. Furth...

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