Business
Investment giant sees Sigma upside
Global broker Morgan Stanley began coverage of Sigma Healthcare, indicating it sees room to grow for the newly merged company Sigma’s share price shot up by almost 3% in Friday’s …
Chemist Warehouse offers in-store rewards and fee-free payments
Discount giant launches Australia’s first in-store ‘Pay by Bank’ cashback and rewards program Chemist Warehouse is partnering with payment platform ShopBack and Pay by Bank provider, Banked, to allow customers to …
Election round-up: Parties’ pharmacy, student, business promises
As Australians go to the ballot box, here’s where the major parties stand on pharmacy, broader healthcare, student and small business pledges Pharmacy became an early focus of both the …
‘Very little overlap’: MedAdvisor on StrongRoom AI market
Software company MedAdvisor doesn’t see cross-over with StrongRoom AI’s offering, which has attracted interest from within the local PharmaTech market Melbourne-based MedAdvisor’s CEO Rick Ratliff told an investor briefing his …
Is health discounting paying off for Coles?
The major supermarket has seen quarterly sales jump after signalling a strategy shift to compete with health and home retailers Coles reported its supermarkets sales revenue (ex liquor) grew 3.7% …
MedAdvisor slashes headcount as earnings plunge
Pharmacy software company MedAdvisor’s quarterly revenue was almost half what it was the same time last year, as the US market “significantly underdelivered” The Melbourne-based software venture’s CEO said he …
The push for MedTech tariff exemptions
Listed sleep apnoea mask-maker Resmed says it’s reprieved from US President Trump’s tariffs for now and its CEO will push for all MedTech to be exempt in his other role …
Entrepreneur circles StrongRoom AI
The sale of StrongRoom AI appears to be getting closer, with the start-up’s debt transferred to a pharmacy-linked entrepreneur Pharmatech StrongRoom AI fell into administration last month, with key venture …
Bankers hoping CWH co-founders cash in
Investment banks are lining up to tempt Chemist Warehouse co-founders to cash in Sigma holdings Bankers looking for “a big pay cheque” are eyeing up Sigma Healthcare shares held by …
Confidence hits all-time high
Almost two years after the government rocked the community pharmacy sector with its plan to implement 60-day dispensing, confidence is higher than ever Confidence in the community pharmacy industry is …
Mixed news on tariffs
Pharma not entirely insulated from Trump’s tariff plans despite an initial strong market reaction, says Mike Taylor It says a great deal about investor perceptions of the relative safety of …
The week in review
‘The Chemist Warehouse effect’ on pharmacy spend, redundancies after pharmatech fraud claim and why a compounder entered a semaglutide undertaking were among the top stories this week Almost half of …