Business
Top 20: CWH founders shoot up rich list
Three new Chemist Warehouse names have been added to the Australian’s Richest 250 list, as the founders shoot up the wealth ladder following Sigma merger Chemist Warehouse founders Jack Vance, …
Sigma posts full-year loss
Wholesaler Sigma Healthcare reported a dip in profit in its final full-year standalone results before the Chemist Warehouse (CWH) merge Sigma posted a statutory loss of $13.8m for the year …
Pharmatech start-up attracts new investors
A pharmacy software start-up founded with the vision of using “biometrics to match with peoples’ medical records” has just finished a $17m capital raise StrongRoom AI (SRAI), which began in …
Hospital operator getting auction-ready: reports
Private hospital operator Healthscope is preparing to be sold after ballooning debt, sources say Australia’s second-largest private hospital operator is reportedly getting closer to a sale after most of its …
Sigma to join ASX50 as Ramsay drops out
Stock market rebalancing sees wholesaler named among Australia’s top 50 biggest listed companies Sigma Healthcare will officially join the Australian Securities Exchange (ASX) 50 on Monday 24 March 2025 following …
ParagonCare lifts pharmacy sales
Healthcare supplier ParagonCare has grown its profit and revenue in the first half of the financial year and updated the market on its “transformational” merger with fellow distribution company CH2 …
How quickly is Chemist Warehouse growing?
Sigma Healthcare has shared Chemist Warehouse’s expansion plans, telling investors the retailer expects to keep pace with its five-year average of 33 store openings a year In the first half …
Sigma backer encircles troubled hospital operator
David Di Pilla’s HMC Capital is reportedly getting closer to a takeover of beleaguered private hospital operator Healthscope, which has missed rental payments on 11 of its hospitals In its …
Pharmacy revenue boost for Ramsay
Hospital and health service operator Ramsay Health Care has reported an 11.6% increase in pharmacy revenue in the first six months of the financial year The diversified company, which operates …
‘Wait-and-see’ on RFK Jr’s vaccine impact: MedAdvisor
Software business MedAdvisor Solutions indicated it’s not “currently” expecting to take a hit from the new US health secretary’s vaccine sentiment, but it’s “somewhat of a wait-and-see” exercise It comes …
TWC notes changing landscape; grows store footprint
The executive general manager of TerryWhite Chemmart (TWC) said the evolving community pharmacy landscape will face a “defining moment” in the next few years, as the group added 52 new …
Consumer focus boosts Wesfarmers
Priceline shines for Wesfarmers while wholesaler deal could give gloss to sluggish API, reports Mike Taylor While most of the attention since the beginning of 2025 has been on the …