Aspen/PSA innovation awards close soon


innovation: candle, tungsten bulb, two modern light bulbs

Applications for the PSA and Aspen Pharmacare Australia Innovation Grants, recognising and celebrating innovation in pharmacy through sustainable business practices, close in two weeks.

The new grants seek to identify and pursue innovative ways to improve customer satisfaction and engagement, business profitability and sales growth in all areas of pharmacy practice.

The closing date for grants applications to be lodged is close of business on 1 June 2015

The awards are targeted at pharmacists implementing practice change to:

  • Increase pharmacist – customer engagement.
  • Target customers with health promotions and professional services.
  • Increase collaboration with other health professionals.
  • Increase health related (S2 and S3) medicine sales.
  • Maintain and grow dispensary profitability through sustainable business practices.

National President of the PSA, Grant Kardachi, says the awards seek examples of innovation in increasing consumer health outcomes and pharmacy business through the use of S2 and S3 products, and in growing the dispensary through innovative and sustainable business practices

“Aspen Pharmacare Australia and PSA share a common belief that the landscape of Australian retail pharmacy is continuing to change and in the highly competitive retail pharmacy market businesses can no longer run as they did in the past, relying on dispensing alone,” he says.

Cathie Hilton, Deputy Head of Prescription Business at Aspen Pharmacare Australia urged pharmacists to get their grants’ applications lodged.

“The pharmacy environment is rapidly evolving and adapting by implementing innovative changes and approaches throughout their dispensary, OTC and front of shop is a way to maximse opportunities in the future,” she says.

“This project between Aspen Pharmacare Australia and PSA challenges the profession to identify and seek new and innovative ways in which pharmacy can achieve customer satisfaction, business profitability and growth in all areas of the pharmacy including dispensary, OTC, front of shop.”

The six recipients of the Innovation Grants will each receive $2000 towards travel, accommodation and registration to attend the PSA15 Conference to showcase their innovation in a poster session.

Nominations for the Aspen Pharmacare Australia and PSA Innovation Grants can be lodged at www.psa.org.au/awards/innovation.

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