Sinwha Advance

Korea's leading distributor leading the on-line
and off-line drug distribution market

• Aug

  2016

  Transferred to HLB Life Science subsidiary

• Oct

  2011

  Selected as a management innovation type SME (Small and Medium Business Administration certified)

• Nov

  2007

  Changed the name of Shinhwa Advance Co., Ltd.

• Mar

  2003

  Shinhwa Palm Co., Ltd. Moved office to Shinhwa Building, Yeongdeungpo-Gu, Seoul

• Mar

  1995

  Supplied Bundang Cha Hospital

• Jun

  1994

  Delivery of Ajou University Hospital

• Jan

  1991

  Established Shinhwa Farm Co., Ltd.

• Major suppliers are Ajou University Hospital, Cha Hospital (Seoul, Bundang), and national and public hospitals
• Sinhwa Advance Co., Ltd. is one of the leading pharmaceutical companies in Korea, including Pfizer, GSK, Novartis, Sanofi-Aventis, MSD, Astra Zeneca, Boehringer-ingelheim, BMS and other major foreign pharmaceutical companies are engaged in business activities through direct transactions.

• 01

  Market Creation and Selection

  Strengthening internal competencies Creating new business areas. Strengthening customer ties

• 02

  Expansion of supply of pharmaceuticals (pharmaceutical consumables)

  Discover and expand new accounts
  Online MRO Market Selection
  Manufacture and distribution of pharmaceuticals (pharmaceutical consumables)

• 03

  On-line and off-line market stabilization

  Achieved 1 trillion sales
  Stabilization of on-line and off-line business areas

• 1

  Expansion of in-hospital drugs market

• 2

  Expansion of bidding hospital market

• 3

  Strengthen sales of pharmacies and wholesalers