Will weight loss drugs eat into supermarkets’ profits?
The skyrocketing demand for weight loss medications like Ozempic could temper shoppers’ appetites at our major supermarkets, Morgan Stanley says The Danish maker of GLP-1 receptor antagonists Ozempic and Wegovy, …
CWH scores customer satisfaction award
Discount chain Chemist Warehouse (CWH) has once again been named “Pharmacy of the Year” by independent market research company Roy Morgan Roy Morgan’s annual Customer Satisfaction Award recognises 38 companies …
Are pharmacists ready for a rebound in Chinese customers?
The post-pandemic return of Chinese tourists could present a major opportunity for Australian pharmacies, provided they are positioned to capitalise on it, a healthcare product producer says Before the Covid-19 …
Sigma’s top shareholder trims holding before merger ruling
A major shareholder has partly sold off its Sigma Healthcare stock, prompting questions about whether it signals a lack of confidence the Chemist Warehouse (CWH) merger will be approved Earlier …
MedAdvisor fast-tracks AI
Medication software provider MedAdvisor Solutions says it is rapidly deploying artificial intelligence (AI) to take the burden off pharmacists and improve both its margins and patient care model In a …
CWH reports leap in profits; adds 18 new stores in six months
Pharmacy giant Chemist Warehouse (CWH) saw an almost 29% surge in profits before tax in the first six months of the financial year, while continuing to rapidly expand its retail …
Sigma sees revenue drop, but indie pharmacies still loyal for now
Sigma said it has not seen a “mass exodus” in independent pharmacy customers following its Chemist Warehouse merger announcement, but full-year sales have been hit by the dwindling demand for …
Celebrating women in pharmacy
‘They all excel in every aspect’: Capital Chemist celebrates women on IWD Capital Chemist says female pharmacists are key drivers of its growth and innovation, as the group marks International …
Call for action on cannabis
Former Guild president wants medicinal cannabis to be included on PBS The former national president of the Pharmacy Guild of Australia, George Tambassis, says his role on the board of …
PharmX announces net half year profit
PharmX eyes new services and deeper market penetration after posting half-year profit Electronic ordering and invoicing company PharmX has posted a $300,000 underlying net profit after tax for the most …
Slower pharmacy distribution sales hit Wesfarmers Health
Priceline delivers “pleasing sales results” for Wesfarmers Health, as pharmacy distribution sales dip Australian Pharmaceutical Industries’ (API) parent company Wesfarmers Health says it’s continuing to plow ahead with its transformation, …
Will the ACCC quash CWH/Sigma merger?
Competition concerns could see regulator block Sigma’s planned merged with Chemist Warehouse, analyst warns The competition watchdog says Australia urgently needs stronger merger laws, as onlookers continue to build the …