US pharmacies’ $21.5b opioids bill
Three “big box” pharmacy chains settle most of the tsunami of legal claims over alleged mishandling of opioid pain medications…but stop short of admitting liability US pharmacy chains Walgreens, CVS …
Inquiry to look at contraceptive cost and pharmacist interventions
Senate committee to broadly investigate reproductive healthcare including PBS coverage and TGA approval process A Senate inquiry into the universal access to reproductive healthcare will look at both the cost …
TGA hands down $240k in cannabis fines as ad breaches skyrocket
More than $1.2 million in fines handed out to five companies in five weeks as illegal promotion via social media booms The Therapeutic Goods Administration (TGA) has fined two medical …
MedAdvisor Australian revenue up 38%: earnings update
Meanwhile Wesfarmers MD nods to “pleasing” results from new health division created after recent API acquisition The purchase of the Pharmacy Guild’s GuildLink business has given an immediate increase to …
$74m for monkeypox response: Government
Budget announces prioritised access through joint investment with states and territories The Federal Government has committed almost $74 million to build up its monkeypox response, with a new vaccine being …
EBOS praises TWC’s performance
Banner group cements “reputation as one of Australia’s leading community pharmacy networks,” CEO John Cullity tells AGM TerryWhite Chemmart (TWC) has cemented its reputation as one of Australia’s leading community …
SA voluntary assisted dying pharmacist team announced
Four pharmacists and one technician will dispense euthanasia drugs from Jan 31, 2023 South Australia’s Health department has named who will be dispensing drugs to terminally ill patients in that …
Social media diet drug domino effect
Snowballing shortages now knock on to scarcity-ravaged diabetes drug Ozempic alternative Trulicity, says TGA A drought of Type 2 diabetes drug Trulicity has been blamed on the other rolling diabetes …
Generics ‘security’ stockpile details revealed
List of “designated brands” shows what wholesalers must keep on stock to avoid shortages as part of industry deal The list of almost 3000 drugs pharmaceutical wholesalers will be compelled …
Chemist Warehouse’s huge $550m pre-tax profit
Owners give themselves a $287 million dividends payday as turnover cracks the $3b mark Buoyed by the huge online surge in sales during the COVID lockdowns, Chemist Warehouse turned over …
Wizard to cast $50m spell on investors
WA banner group employs “big four” consultancy Ernst & Young to find funds to more than double its footprint Independent Western Australian banner group Wizard Pharmacy has done a deal …
Guild formalises $19 co-pay call
Pre-Budget submission says cut could “more than halve the cost of over 70% of PBS-listed medicines,” as Guild angles for community sector to dominate the aged care consult market The …