Emergency import diabetes drug price stalemate
PBAC gives OK to imports of drought-stricken Ozempic and Trulicity but won’t allow supplier to charge higher price Emergency imported supplies of overseas supplies of shortage-plagued Ozempic (semaglutide) and Trulicity …
Local pharmacy market large enough ‘for several winners’
TWCM owner EBOS tells investors community pharmacy’s ”highly fragmented” landscape gives “opportunities for growth” The Australian pharmacy landscape remains highly fragmented, with opportunities for growth in a market which is …
TGA in talks with TikTok over diabetes drug drought
Regulator focuses on role of illegal social media advertising in shortages as another diabetes drug becomes scarce until end of March 2023 The Therapeutic Goods Administration (TGA) is in talks …
Twitter Blue’s health hoax meltdown
Drug company Eli Lilly’s share price drops 5% as fake account declares “free insulin” – while Australian state government “CHO” appears to bring back enforced mask wearing The shares of …
Pharmacy wholesaler’s $4.4m ‘phoenixing’ fail
Four year ban on managing companies after bankruptcies left creditors and ATO multi-millions out-of-pocket A pharmacy wholesaler director who engaged in illegal so-called phoenixing activity has been disqualified from …
UPS dives into pharmaceutical logistics
New facility in western Sydney comes with -20C cold chain storage and “near real-time monitoring” UPS, one of the world’s largest shipping and courier services, has announced the opening of …
Pfizer hit by rolling industrial action
Melbourne production plant hit by two strikes in a week – with another on the way – as negotiations over a new enterprise agreement stall Pfizer’s Melbourne production plant, which …
Chemist Warehouse launches new limitless online marketplace
Melbourne pharmacy mavericks team up with one of Australian tech’s brightest hopes to create “unlimited digital shelf space” Chemist Warehouse (CWH) has launched a new online marketplace which vastly expands …
Social media storm over paracetamol review
Chronic pain advocate says proposed upscheduling changes ‘not supported by…community’ in response to Tassone post A social media post by Victorian Pharmacy Guild president Anthony Tassone voicing concerns about proposed …
Ban all supermarket paracetamol sales: Guild
Peak body submission to ACMS on proposed changes to paracetamol scheduling goes “off-proposal” to voice broad opposition to all general sales The Pharmacy Guild has used its submission to the …
No Ozempic until end of March 2023: TGA
TGA says the diabetes drug will be unavailable from mid-November until end of March next year – but drug company’s message is not quite so bleak The lingering months-long shortage …
News of amoxicillin shortage hits mainstream media
Guild’s Tassone calls for less imports and more local production of key drugs as worldwide stocks dry up Australian mainstream media has suddenly jumped upon the lingering, months-long shortage of …