API acquisition joust not over yet
Wesfarmers the front runners but Sigma still in the running as takeover battle rumbles on When Wesfarmers bought W.H.Soul Pattinson’s 19.3% share of Australian Pharmaceutical Industries (API) in the first …
Mixed results for pharmacy graduates
Graduate pharmacists worst paid of all, survey shows, though with higher employment rates than other graduates The median salaries for pharmacy graduates are just $50,000 per year – the overall …
Sigma sparks API bidding war
Pharmacy Guild says it will monitor developments on API buyout for any “possible implications”. Sigma Healthcare has made a takeover offer for Australian Pharmaceutical Industries (API), trumping Wesfarmers 11 day …
Unclear when Champix drought will end
Pfizer embarks on total US recall because of carcinogen concerns A total voluntary recall of Pfizer’s smoking cessation drug in the US last week because of continued concerns around carcinogen …
Sigma manages “growth through challenging times”
Pharmacy brands like-for-like sales up 8.7% in spite of COVID hits, half yearly report shows. Sigma Healthcare has experienced what it describes as “organic growth” across its pharmacy brands and …
Vaccine maker’s Covid scare
CSL’s Melbourne Broadmeadows facility had a positive COVID-19 case One of the CSL production facilities producing the Astra Zeneca Covid vaccine, Vaxzevria, has had a positive COVID-19 case of its own, …
TGA ponders legal action over Kelly texts
Regulator concerned over spurious COVID-19 information sent by controversial MP The Therapeutic Goods Administration is looking at potentially taking legal action under the Criminal Code after controversial MP Craig Kelly …
Lockdown ‘supermarket effect’ hits Swisse
Vitamin sales moving to supermarkets, echoing the experience of competitor Blackmores There has been a shift of more people buying vitamins from supermarkets than pharmacies over the past 12 months, …
Bigger onshore generic medicines stockpiles on the way
Health Minister announces new Medicines Supply Security Guarantee to prevent shortages as part of deals with pharma industry Generic medicines companies will start to hold a minimum of four to …
Australia at the back of generics queue
Price disclosure’s “deep” cuts are exacerbating medication shortages, says head of Advantage Pharmacy and Chemist Discount Centre Rolling shortages of antidepressants, hyper-tension and cholesterol medications are at least partly the …
Covid pushed buyers away from pharmacy: Blackmores chief
Lockdowns forced a shift with vitamin purchases happening mainly in supermarkets The COVID-19 pandemic pushed people away from pharmacies and towards supermarkets to buy vitamins – and when they got …
Medicines the weak link in strong supply chain: report
Productivity Commission report says chemicals for medicine manufacturing a risk area The import of chemicals used to manufacture medicines was one of few areas of vulnerability in Australia’s supply chain, …