Business
TWC aims to hit 500
With what it calls a “strong pipeline” for new store openings, TWC is targeting a total of 500 trading stores by 30 June 2022 At EBOS’ virtual AGM, CEO John …
Pharmacy owner hit with Ministerial legal bill
Federal Court affirms unsuccessful challenge to Health Minister’s discretionary powers must be paid by applicant A pharmacy owner who opposed the Health Minister’s discretionary power in allowing pharmaceutical benefits to …
API acquisition joust not over yet
Wesfarmers the front runners but Sigma still in the running as takeover battle rumbles on When Wesfarmers bought W.H.Soul Pattinson’s 19.3% share of Australian Pharmaceutical Industries (API) in the first …
API to ‘vigorously defend’ action
Australian Pharmaceutical Industries has confirmed that a class action has been filed against it API has issued a statement confirming that a class action has been filed against it in …
Wesfarmers makes a move
Wesfarmers has bought nearly 20% of API, in the latest move in the war to acquire the wholesaler On Thursday Wesfarmers made the announcement that it has acquired 95.1 million …
On the market
Survey reveals there is strong buyer demand and growing availability of pharmacies on the pharmacy market The results of a new market sentiment survey indicate there is “very strong buyer …
Sigma sparks API bidding war
Pharmacy Guild says it will monitor developments on API buyout for any “possible implications”. Sigma Healthcare has made a takeover offer for Australian Pharmaceutical Industries (API), trumping Wesfarmers 11 day …
Sigma manages “growth through challenging times”
Pharmacy brands like-for-like sales up 8.7% in spite of COVID hits, half yearly report shows. Sigma Healthcare has experienced what it describes as “organic growth” across its pharmacy brands and …
API says no to Wesfarmers
API Board unanimously concludes “undervalued” Wesfarmers offer is not in the best interest of shareholders The board of leading pharmaceutical wholesaler API has rejected a takeover offer from retailing giant …
Wesfarmers’ API bid under scrutiny
Guild says it is ‘monitoring’ the $687 million takeover bid for the wholesaler The Pharmacy Guild of Australia is “monitoring” Wesfarmers’ unexpected takeover bid for Australian Pharmaceutical Industries for “possible …
Dequeuing your queues
Community pharmacies must pay more attention to the amount of time patients spend in queues, says Glenn Guilfoyle Regardless of all the latest retail pharmacy challenges and opportunities: electronic prescriptions, …
Strong demand
The pharmacy sales market remains positive, according to the latest pharmacy market sentiment report, says Natalie Sirianni The third iteration of the Attain Pharmacy Market Sentiment Report has revealed a …