business
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 …
A partner you can trust
Lachlan Ballinger explains why a pharmacy accountant is crucial to succeed in pharmacy In some states, as little as 30% of pharmacy owners are utilising the benefits of a pharmacy …
GSK changes name…to GSK
But the soon-to-be demerged consumer business will become Haleon British pharmaceutical giant GlaxoSmithKline has officially adopted GSK as its new moniker, essentially accepting that almost everyone already calls it by …
Moderna vaccine sales treble in first quarter
COVID-19 mRNA vaccine sends income and profits through the roof Vaccine sales for US biotech company Moderna were three times what they were for the same period last year, according …
Trading hours of PBS-approved pharmacies
What hours are PBS pharmacies required by law to trade? Stephanie McGrath explains Pharmacy law perspective Section 98(3) of the National Health Act allows the Secretary to cancel a PBS …
Wesfarmers plans to expand health offer
The managing director of Wesfarmers has told a conference that, “Ultimately, we see API as a platform for long-term growth in health” Rob Scott, managing director of Wesfarmers – which …
Risk or reward for bricks and mortar pharmacies?
A pharmacy giant will be shifting a major percentage of its prescription volume for robots to fill at automated centres, arguing it will free up pharmacists to better serve patients …
$7m net loss for Sigma
Sigma’s investments have resulted in short-term business disruption, its CEO and managing director reports Sigma Healthcare has announced an increase in revenue for the year ending 31 January 2022 – …
A new merger
StrongRoom AI acquires EasyDose program, with a strong focus on reducing adverse events and making medication supply safer StrongRoom AI will acquire EasyDose under a new a definitive merger agreement, …
Wesfarmers wins over API
API’s shareholders have voted for the Wesfarmers takeover, the wholesaler has announced On Thursday API held its Scheme Meeting, convened to consider the proposed scheme of arrangement under which a …
Independents merge
Pharmacy Alliance and Pharmacy Platform are merging, and will now service a fifth of Australia’s pharmacies The move positions the Platform Alliance Group (PAG) as Australia’s strongest, independent pharmacy group, …
World news wrapup: 24 February 2022
UK anger over pay; pay not enough for Québecois public sector pharmacists; pharmacist faces court over stabbing threat UK: British pharmacy publication Chemist + Druggist has broken down pay, and …