Drugdu.com and SGS Launch Ddu Credit Verification Service to Promote the Global Medical Trade

Drugdu.com(Ddu), the leading global pharmaceutical and medical device B2B online platform, reached a collaboration with Swiss SGS about Ddu Credit Verification Service.

A press conference for the launch of the Ddu Credit Verification service was successfully held in Shenzhen, China on August 18, 2017. Terry Yuan, CEO of Ddu and Zhang Yunbo, deputy director of the consumer products division at SGS China, attended the press conference to officially announce their cooperation and the launch of the Ddu Credit Verification service, pioneering in a new trend for industry integrity in the cross - border medical trade.
Drugdu.com and SGS Launch Ddu Credit Verification Service to Promote the Global Medical Trade
At the conference, a formal signing ceremony was held by Ddu and SGS to jointly launch the Ddu Credit Verification service, designed for the cross - border medical trade in order to create integrity for business communication between buyers and sellers by examining the key information of production equipment, qualification certificates, credit records and export capacity submitted by companies. Thus, Ddu now has SGS’s full support and backing regarding audits and system certifications to achieve market expansion in a more secure way.

It’s said that trust remains to be the biggest problem in the online cross-border medical trade. Due to time differences and geographical factors, information between buyers and sellers are asymmetric, which leads to frequent problems like fraudulent contracts and fake transactions. Playing the role of the third-party auditor, Ddu’s Credit Verification service provides a more reliable reference to facilitate cross-border medical trade deals by ensuring the authenticity of the approved information of suppliers. The collaboration with SGS is sure to improve brand awareness and loyalty and to take the security of the online cross –border trade to a new level.

“True and fake information exists everywhere on the Internet. Suppliers are eager to prove their own strengths while buyers also hope to identify the qualifications of suppliers as soon as possible. The Ddu Credit Verification service not only plays a positive role in  building brand credibility but also accelerates information matching of buyers and suppliers in a more secure and efficient way.” Terry Yuan, CEO of Ddu also stated, “Ddu’s Credit Verification service will be beneficial for big data matching too which means verified users will have even more business recommendation opportunities.”

Ddu management recently stated that companies with credit verification will have access to multiple promotion channels, will receive full exposure on Drugdu.com and will also gain the opportunity to demonstrate their strengths to improve potential business deals. Buyers registered on the Drugdu.com system will also receive great benefits from this service. In order to reduce B2B trading risks, a specialized filter has been designed specifically for buyers, from where they are able to search for verified suppliers by a simple click.

Credit verification is only the beginning of the Ddu credit system. As a pioneer in cross-border B2B medical trade, Ddu shoulders the responsibility to promote the steady and orderly development of the industry. Ddu will also use big data on the platform to record the operational behavior of users and accumulate both positive and negative feedback from all buyers and suppliers during the transaction process. This will assist in establishing user credit files and enrich the content of Ddu’s credit verification, serving as an escort of to the global pharmaceuticals and medical devices trade.

With the improvement of efficiency in the cross-border medical trade, Ddu aims to make a gradual transition of its operational business of information matching of buyers and sellers, to online medical trade, third-party services, and financial sectors. As soon as this has been established, the amount and frequency of online transactions and feedback of cooperations will be included in credit comments, making the content of Ddu’s credit verification even more precise. Suppliers with positive reviews from Ddu’s credit comments will certainly stand out in the industry, availing themselves of various opportunities in the global medical trade.

About Drugdu.com(Ddu)
Drugdu.com(Ddu) is a leading global pharmaceuticals & medical devices B2B online platform, enabling industry professionals to do business in a more transparent, efficient and convenient way. Ddu owns an integrated system including over 4000 excellent global pharmaceuticals and medical devices suppliers. Ddu offers comprehensive databases of commercially available medical devices and pharmaceuticals, with easy access to over 1,000,000 products.

About SGS
SGS is the world's leading inspection, verification, testing, and certification institution with more than 90,000 employees working in over 2000 branches and laboratories all over the world. SGS’s services cover major industries and are globally recognized as the benchmark for quality and integrity.

About Ddu Credit Verification
Drugdu.com(Ddu) Credit Verification service aims to serve cross-border trading companies by offering objective, strict and detailed verification services on basic information and qualifications which are intended to help users build brand integrity, promote core competence and increase exposures for brands and products in global markets.

For more information, please visit http://www.drugdu.com

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