The pharma companies shedding value amid Trump trade-off
Listed companies in the pharmacy and retail sector have suffered heavy losses in the past month’s market sell-off By noon on Thursday, the S&P/ASX200 had fallen close to 9% from …
Hospital operator getting auction-ready: reports
Private hospital operator Healthscope is preparing to be sold after ballooning debt, sources say Australia’s second-largest private hospital operator is reportedly getting closer to a sale after most of its …
‘There’s always a chance we could be sleeping in the pharmacy’
Pharmacists in south-east Queensland and northern NSW have been working overtime with skeleton crews, as several grapple with power outages and storms amid Cyclone Alfred’s approach The category two cyclone …
ParagonCare lifts pharmacy sales
Healthcare supplier ParagonCare has grown its profit and revenue in the first half of the financial year and updated the market on its “transformational” merger with fellow distribution company CH2 …
How quickly is Chemist Warehouse growing?
Sigma Healthcare has shared Chemist Warehouse’s expansion plans, telling investors the retailer expects to keep pace with its five-year average of 33 store openings a year In the first half …
Sigma backer encircles troubled hospital operator
David Di Pilla’s HMC Capital is reportedly getting closer to a takeover of beleaguered private hospital operator Healthscope, which has missed rental payments on 11 of its hospitals In its …
Pharmacy revenue boost for Ramsay
Hospital and health service operator Ramsay Health Care has reported an 11.6% increase in pharmacy revenue in the first six months of the financial year The diversified company, which operates …
ACT UTI/contraceptive trial becomes permanent
Canberra’s community pharmacists will be able to play a bigger role in treating uncomplicated urinary tract infections (UTIs) and resupplying the contraceptive pill, with a trial becoming a permanent part …
‘Wait-and-see’ on RFK Jr’s vaccine impact: MedAdvisor
Software business MedAdvisor Solutions indicated it’s not “currently” expecting to take a hit from the new US health secretary’s vaccine sentiment, but it’s “somewhat of a wait-and-see” exercise It comes …
TWC notes changing landscape; grows store footprint
The executive general manager of TerryWhite Chemmart (TWC) said the evolving community pharmacy landscape will face a “defining moment” in the next few years, as the group added 52 new …
‘A privilege not many professions offer’: TWC award winner
TerryWhite Chemmart (TWC) has announced its national pharmacy award winners, with a pharmacy in Noraville NSW and Queensland-based leader among the recipients of this year’s HEART awards The TerryWhite Chemmart …
CWH founders’ wealth soars
‘Rich list’ sees Chemist Warehouse bosses’ wealth rise, with the Sigma effect yet to be counted The three founders of Chemist Warehouse have collectively seen their wealth climb by $920m …