Way back in a January 2007 post, I pointed out the growth opportunity for
According to the article, Cardinal is rapidly growing its Chinese drug distribution business, while expanding manufacturing in
Just consider what’s been going on in
- Swiss-based Zuellig Pharma has long been a major player in
Asiaand established a Chinese presence before distribution industry was open to direct foreign investment.
- Global wholesaler Alliance Boots entered in January 2007 by buying a 50 percent stake in Guangzhou Pharmaceuticals Corp., the third-largest pharmaceutical wholesaler in
- US-based BMP Sunstone (BJGP) has been actively acquiring Chinese drug wholesalers. (BMP is also linked to Alliance Boots via the
The era of global wholesalers is coming, with or without a U.S. importation law. Perhaps it's time to start considering how it will alter manufacturer-wholesaler relationships.
And to those readers for whom it is relevant: L'Shanah Tovah!
And a good year to you, too Adam!ReplyDelete
Global wholesalers...pretty soon my drugs will be coming from all over the world, too. Might as well start buying them on the street corner.
Guess I should check the wires before posting - Cardinal announced the split today:ReplyDelete
Per my post above, this move allows the wholesale business to pursue its own destiny. I'll have more to say on the announcement in a later post.
Your drugs already are coming from all over the world!ReplyDelete