Selcuk Pharmaceutical Distribution

Selçuk Ecza Deposu Ticaret ve Sanayi A.S. is a pharmaceutical wholesaler headquartered in Altunizade, Uskudar, Istanbul. The company's main shareholder is Selcuk Ecza Holding, and its shares trade on Borsa Istanbul under the ticker SELEC.

The company's business is distributing prescription medicines, medical supplies, dermocosmetics and personal care products, bought from drug manufacturers and importers, to pharmacies through its nationwide network of branches and warehouses. In this model, fast and regular delivery, inventory management and the payment terms offered to pharmacies are decisive factors. As Ecza Deposu is the group's affiliate in pharmaceutical wholesaling. Pharmaceutical wholesalers form the link between manufacturer and pharmacy in the drug supply chain, including for products that require a cold chain.

For drug distributors, decisions on the euro value used in setting drug prices in Turkey, public reimbursement policies, collection of receivables from pharmacies and working capital management are closely followed. For SELEC shares, Lzzo.com provides a price history chart, technical indicators and a section for comparison with other healthcare companies.