Posts in category

Business


Terry White Group Limited, the parent of pharmacy franchisors Terry White Management and Chemplus, has announced Net Profit After Tax of $1.2 million, on the back of a 16% increase …

On the eve of the Vitafoods Asia expo in Hong Kong, one of the premier events for the global complementary medicines industry, Complementary Medicines Australia has welcomed the latest AusTrade …

The Australian Competition and Consumer Commission has announced that it will not oppose Pfizer Inc’s proposed $US17 billion acquisition of Hospira Inc. “Pfizer and Hospira are also the two largest …

Slade Pharmacy Services has entered into agreements with Fresenius Kabi to purchase its Oncology Compounding Business in Australia. This includes all the TGA-licenced compounding facilities in Queensland, NSW and Victoria. …

Novartis is to acquire Spinifex Pharmaceuticals, a company focused on the development of new drugs for treating chronic pain. Spinifex Pharmaceuticals, Inc. and its Australian subsidiary Spinifex Pharmaceuticals Pty Ltd, …

Sigma Pharmaceuticals Limited has confirmed a new five-year wholesale supply and services agreement with Reform Management. With more than 1,900 independent community pharmacy customers nationally, Reform has one of the …

Chemplus, which supports the South Australian pharmacy network of the same name, is set to merge with Terry White Management in a strategic move to “future-proof” its member pharmacies. Chemplus …

Indian pharma company Strides Arcolab has acquired Aspen business in Australia and plans to run the business as Arrow Pharmaceuticals, bringing back a previous name in the Australian generics market. …

API has reported a net profit after tax of $21.3 million for the six months to 28 February 2015. This is above the guidance of $21.1 million provided on 4 …

The Australian Competition and Consumer Commission says it won’t oppose GlaxoSmithKline’s and Novartis’ transactions involving over-the-counter consumer products, human vaccines and oncology products. As a result of the transactions: GSK …

Double digit sales growth in albumin and speciality products and influenza vaccine sales have helped CSL announce a net profit after tax of US$692m (A$889m) for the six months ended …

Last week pharmacy chain Pharmore Pharmacies went into voluntary administration after 23 years as a result of the inability to undertake necessary restructuring of its operations and an overhead structure …