Top 20: CWH founders shoot up rich list
Three new Chemist Warehouse names have been added to the Australian’s Richest 250 list, as the founders shoot up the wealth ladder following Sigma merger Chemist Warehouse founders Jack Vance, …
Sigma posts full-year loss
Wholesaler Sigma Healthcare reported a dip in profit in its final full-year standalone results before the Chemist Warehouse (CWH) merge Sigma posted a statutory loss of $13.8m for the year …
Pharma groups back $25 script pledge
Pharmacy groups have welcomed the Albanese Government’s pre-election pitch to cut the subsidised medicine cap to $25 per script Under the cost of living funding pledge, Prime Minister Anthony Albanese …
CWH, Sigma brands to ‘showcase opportunity of combined strengths’
The head of Sigma Healthcare says he will share plans for future brand growth and meet with prospective pharmacist recruits this week on the Gold Coast This year’s Australian Pharmacy …
EBOS quashes acquisition speculation
Pharmaceutical wholesale giant EBOS has rejected whispers it’s looking at snapping up a pet food company The Trans-Tasman wholesaler was reportedly sizing up Real Pet Food Company, which says it …
Pharmatech start-up attracts new investors
A pharmacy software start-up founded with the vision of using “biometrics to match with peoples’ medical records” has just finished a $17m capital raise StrongRoom AI (SRAI), which began in …
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 …