Domestic wholesalers hit by low distribution margins

Published: 2013-10-29 06:57:00

Updated: 2013-10-29 06:57:00

Korea’s wholesaling industry is now in financial crisis due to foreign invested drug firms’ thinner distribution margins and sluggish sales triggered by the government-mandated price cuts in April last year.

“Many wholesalers have seen their bottom lines aggravating amid ever-falling distribut...

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