business
What is Chemist Warehouse worth?
A newspaper has shone a light on the investment practices and ownership structure of Chemist Warehouse In this week’s “How the rich invest” column, Australian Financial Review Rich Editor John …
Are we heading in the right direction?
Does all the change in the pharmacy landscape mean we are moving on the right path? Some data indicates otherwise, says Glenn Guilfoyle End of financial year data collected …
Fired after sex toy site discovery
CSL has been ordered to pay eight weeks’ salary to a brand manager after it was found he was wrongly dismissed The termination was made against a background of alleged …
Sigma to restructure
Sigma has announced that it is restructuring its business and farewelling its Chief Operating Officer, Gary Dunne Sigma says that its recent change of name to Sigma Healthcare Limited was …
Arrow acquires Amneal
Arrow Pharmaceuticals has acquired the Australian retail pharmacy business of US generics major Amneal Pharmaceuticals The acquisition, completed on 31st August 2017, cements Arrow as Australia’s fastest growing generic pharmaceutical …
Revenue up, profit down as TWC rebrand speeds ahead
While costs associated with the Terry White and Chemmart merger hurt profits, the Terry White Group expects a sunny outlook Terry White Group, the parent of TerryWhite Chemmart, has reported …
Record EBOS earnings
EBOS has announced record earnings for 2017, with net profit after tax of 11.6% And its pharmacy business continues to successfully handle the sector’s challenges, EBOS says, with the merger …
Encouraging CM compliance
A pharmacist has built upon his DAA service to improve compliance with complementary medicine regimens There’s no point in consumers buying complementary medicines if they don’t remember to take them, …
Guild national student business plan semi-finalists announced
The semi-finalists in the Pharmacy Guild of Australia’s National Student Business Plan Competition have been announced The Australia-wide challenge promotes creative entrepreneurship among students preparing for a career in community …
Feeling the squeeze: ‘overcooked’ rents crisis rolls on
Between PBS reforms, wage costs, a downturn in retail and high-cost new drugs, pharmacies are being squeezed more than ever… but do landlords understand or care? Megan Haggan investigates Rents …
Meet the pharmacist who wants to reduce patients’ drug intake
A Western Sydney pharmacist has created a business helping her customers understand that medicines aren’t everything Joanne Vella loves it when her customers ask her about dodgy health information they’ve …
Prepare now on payment surcharges
The ACCC is urging small business owners to start preparing now for the ban on excessive payment surcharges The ban will apply to all businesses across Australia from 1 September …