Business
Ramsay takeover bid falls over – for the moment
US-led investment consortium withdraws $28 billion offer during investor presentation A looming massive $28 billion takeover bid for Ramsay Health by a large consortium has been withdrawn literally as Ramsay …
Pharmacy’s billion dollar boom
Demise of Pfizer direct model was one driver of almost 20% community pharmacy revenue growth for wholesaler EBOS, the Kiwi company which owns TerryWhite Chemmart and pharmaceutical wholesaler Symbion, says …
Pandemic spending ‘spike’ at discount pharmacies
Spending on retail and other health services swelled by almost 60% across Australian community pharmacies over the past three years, new report reveals Pharmacy spending increased by 21%–or $20 million—across …
Colds and flu bolster Blackmores
Increased foot traffic to pharmacies but prices will go up, says vitamins boss following strong annual results Blackmore’s ANZ “home” market continued to be important for the complementary medicines giant …
Chemist Warehouse to extend international reach?
Israeli government in talks with Jack Gance The Israeli Government has announced it is in discussions with Chemist Warehouse about the chain possibly opening in Israel. Director general of Israel’s …
Fines over COVID-19 masks, RATs
The Federal court has ordered one company to pay $80k over face mask breach, while another has been fined $67k for failing to provide information on its RATs The TGA …
New head for API
“It’s been a great journey”: CEO and managing director steps down after 17-year contribution, as new leader takes helm of API Wesfarmers’ Managing Director of Health Emily Amos will take …
The right advice
What have been our readers favourite business advice columns for the first half of 2022? Our weekly Business Class columns are always popular among readers seeking the latest advice on …
‘A devastating blow for retailers’
Record high CPI level imperils retailers post-COVID recovery and may a ‘death notice’ for some, experts says The June 2022 Consumer Price Index released this week have revealed a record …
How the pandemic has fast forwarded pharmacy
The last two years have sped up and brought forward a lot of changes to pharmacy, but have also brought confidence back to the sector, experts say Speakers at the …
Technology: risk or reward?
A US pharmacy giant is shifting much of its prescription volume to be filled at automated centres, saying it will free up pharmacists’ time. Is this the future for community …
Market staying strong
Buyer and seller confidence remains high in the community pharmacy sales market, survey reveals Confidence in the market “remains quite strong” according to the latest iteration of the Attain Pharmacy …