Business
Priceline faces ‘imminent’ class action from angry franchisees
Legal representatives say they wish to resolve the dispute at pre-trial mediation or arbitration if possible Priceline is facing a potential class action in an ongoing dispute with franchisees who …
Discount chains ‘distorting’ sector
Free scripts offered by discount pharmacy chains are driving smaller pharmacies out of business, says NZ Guild Pharmacy Guild of New Zealand chief executive Andrew Gaudin has told the Otago …
Staying strong
The pharmacy business sales market is staying strong, with many pharmacists believing prices are likely to increase, a survey has revealed A majority of pharmacists believe that pharmacy business sales …
Penalties of nearly $200k for breaches
Authority sends strong message to all licencees about pharmacy ownership rules, with a warning about steep penalties Pharmacy licensees need to abide by the various legal obligations connected with ownership, …
Continued growth “despite Covid-19”
AFT Pharmaceuticals has announced growth across its portfolio of OTC and prescription medicines in its half-year financial results AFT Pharmaceuticals reports “continuing good progress” in commercialising its Maxigesic pain medication …
Pharmacy founders debut on rich list
Cathie Reid and Stuart Giles have made the AFR Rich List for 2020 with a net wealth of $550 million Brisbane-based pharmacists and partners Cathie Reid and Stuart Giles have …
A new platform arises
Advantage Group and Instigo have entered into a merger agreement to create a new entity, Pharmacy Platform The merger brings together more than 350 pharmacy members across Australia and an …
Co-operation decision welcomed by wholesalers
The ACCC has granted authorisation for NPSA members to coordinate supply of medicines and pharmacy products for a further 12 months Medicines wholesalers in Australia can continue to co-operate in …
Outrage over pharmacies struggling to access support
It is “absolutely perverse” that community pharmacies have to contemplate the choice of dispensing high cost drugs that may impact on their eligibility for funding support, says Guild leader The …
Pharmacy rejection quashed
The Federal Court of Australia has ordered the Australian Community Pharmacy Authority to reconsider a pharmacy’s application for approval A company has successfully contended a 26 June decision made by …
Cutting back at Blackmores
Complementary giant set to cut Australian jobs as its focus shifts to Asian markets and new digital opportunities Complementary medicine giant Blackmores is to cut about 10 per cent of …
Some community pharmacies reporting 90% downturn
There is an assumption that “pharmacies must be doing alright – you can still open”, but the Guild says some are barely hanging on Research companies tracking movement in the …