Major shareholder again reduces stake in Sigma
HMC Capital has lowered its voting power in Sigma to just over 12% after owning 19% earlier this year A top Sigma Healthcare investor has reduced its stake in the …
Fees help to drive MedAdvisor revenue growth
MedAdvisor says it expects fees to “build over time” to support licensing and health programs, as it reports a jump in revenue Medication software company MedAdvisor’s quarterly revenue climbed 32%, …
Shareholders back CWH/Sigma deal, face risks if it fails: analyst
Sigma shares rallied to an eight-year high, but one analyst says investors could be exposed if the CWH deal doesn’t get the green light The share market appears to be …
Could CWH be forced to ditch stores to save Sigma deal?
Hedge fund says CWH will have to sell stores to secure Sigma merger, or rethink ASX listing strategy Questions have been raised about whether Chemist Warehouse (CWH) will have to …
CWH founders snap up coveted Melbourne corner site
Chemist Warehouse bosses expand retail property portfolio with purchase of Melbourne bank premises The founders of Chemist Warehouse have continued their Melbourne buying spree, purchasing a property in one of …
Deaths spark renewed naloxone supply call
The opioid-linked deaths of four people in Melbourne has intensified calls for pharmacies to stock naloxone A synthetic opioid was found in the bodies of two men, one woman and …
EBOS lifts stake in MedAdvisor
EBOS said its expanded holding is an investment, amid speculation the digital company could be a takeover target for an international player Pharmaceutical wholesaler EBOS has increased its ownership in …
Icon changes course on Victorian lease after ACCC probe
Icon Group has withdrawn plans to lease part of a Victorian hospital for a new radiation oncology clinic, putting an end to an ACCC review Oncology pharmacy specialist Icon Group …
CommBank to introduce new payment solution
The “omni-channel” payment system will be available in FY25 The Commonwealth Bank (CBA) is set to launch a new pharmacy payment platform, after a successful 18-month pilot involving almost two …
New student award and networking opportunities launched
PSA and PDL launch new award to recognise one student volunteer working at the Society’s annual conference in August Pharmacy students will be given the chance to help out and …
Sigma shares rebound after post-ACCC statement dive
The wholesaler’s shares have rallied, but analysts are unsure of future upside for investors The Sigma Healthcare share price had its best day in more than three months, after dipping …
Could CWH/Sigma merger prompt retail pharmacy foreclosures?
ACCC highlights “foreclosure of retail pharmacies” among its concerns about the proposed Sigma and CWH merger The Australian Competition and Consumer Commission (ACCC) wants to take a closer look at …