Business
Old and new pharmacy faces on rich list
CWH moguls have dropped several places after skyrocketing up the list during Covid, while Arrotex co-founder debuts Chemist Warehouse co-founders, Jack Gance and Mario Verrocchi, have seen their fortunes take …
Ramsay receives $20b bid
The largest provider of private healthcare in Australia, Ramsay supports more than 55 community franchise pharmacies and 35 in-house pharmacy departments Ramsay Health Care has received a conditional, non-binding indicative …
Once more to close the breach
Data security is of ever-growing importance to pharmacy, with mandatory reporting requirements and the risk of new threats, even from Russia’s invasion of Ukraine While we are all horrified by …
A new direction
MedAdvisor Managing Director and CEO Robert Read announces intention to retire from role as company reveals US focus MedAdvisor has announced that Managing Director and CEO Robert Read intends to …
Pharmacy facing rent “game changer”
Rents could increase dramatically due to a combination of pandemic, inflationary and property market changes Speaking to AJP at the recent APP2022 conference, Phil Chapman, director of Lease1 says the …
Wesfarmers gives tick to pharmacy model
API acquisition will form the cornerstone of a new $10 billion Wesfarmers health division, company reveals The acquisition of wholesalers Australian Pharmaceutical Industries by retail giant Wesfarmers has finally been …
A new merger
StrongRoom AI acquires EasyDose program, with a strong focus on reducing adverse events and making medication supply safer StrongRoom AI will acquire EasyDose under a new a definitive merger agreement, …
RATs drive growth: Sigma
The sheer demand for RATs means a better-than-expected financial performance, Sigma reveals Sigma has made a statement saying that it now expects Underlying EBITDA for the financial year ending 31 …
The pitfalls in franchise agreements
There continue to be a number of pitfalls prevalent with pharmacy franchise agreements, says Stephanie McGrath On 26 October 2018, I wrote an article on franchise agreement pitfalls. Over three years …
Say ‘yes’ to Wesfarmers, urges API
API is set to hold a shareholder meeting to vote on the Wesfarmers acquisition scheme, producing a booklet urging a “Yes” vote On Monday, the Federal Court of Australia made …
Workforce worries to impact market
While the pharmacy market remains strong for now, workforce issues have been identified as the looming threat There has been a marked jump in the number of pharmacy owners …
API acquisition “on track”
AGM reveals Wesfarmers proposal is forging ahead pending ACCC approval, while former Guild president Tambassis is elected to the board API remains on track to complete Wesfarmers’ acquisition of the …