Business
Fees help to drive MedAdvisor revenue growth
MedAdvisor says it expects fees to “build over time” to support licensing and health programs, as it reports a jump in revenue Medication software company MedAdvisor’s quarterly revenue climbed 32%, …
Shareholders back CWH/Sigma deal, face risks if it fails: analyst
Sigma shares rallied to an eight-year high, but one analyst says investors could be exposed if the CWH deal doesn’t get the green light The share market appears to be …
Confidence on the rise
Pharmacy sales market is strongly on the rebound, the latest Attain market sentiment survey finds The Eighth Community Pharmacy Agreement (8CPA) has been reacted to positively by the pharmacy sales …
EBOS dismisses acquisition rumours
Pet food company not on EBOS’s takeover menu as ASX-listed firm eyes expansion Pharmaceutical wholesaler, Symbion’s parent company has told the Australian Securities Exchange (ASX) that it “will not be …
Wesfarmers appoints ex-Ramsay COO to board
Wesfarmers adds healthcare experience to board with new non-executive director appointment Former Ramsay Health Care Chief Operating Officer (COO), Kate Munnings will join the board of pharmaceutical wholesaler, API’s parent …
EBOS lifts stake in MedAdvisor
EBOS said its expanded holding is an investment, amid speculation the digital company could be a takeover target for an international player Pharmaceutical wholesaler EBOS has increased its ownership in …
ACCC suspends Sigma, CWH merger timeline
Regulator to announce revised date for decision on Sigma Healthcare’s proposed merger with Chemist Warehouse Group The Australian Competition and Consumer Commission (ACCC) is suspending its timeline to announce a …
CommBank to introduce new payment solution
The “omni-channel” payment system will be available in FY25 The Commonwealth Bank (CBA) is set to launch a new pharmacy payment platform, after a successful 18-month pilot involving almost two …
Could CWH/Sigma merger prompt retail pharmacy foreclosures?
ACCC highlights “foreclosure of retail pharmacies” among its concerns about the proposed Sigma and CWH merger The Australian Competition and Consumer Commission (ACCC) wants to take a closer look at …
Ownership of CWH stores ‘warrants urgent attention’: Guild
Guild calls for greater scrutiny of the ownership of Chemist Warehouse stores, as discounter pledges to cooperate with the ACCC Regulators are being urged by the Pharmacy Guild of …
CWH/Sigma merger ‘raises competition concerns’: ACCC
ACCC seeks further stakeholder submissions over Sigma’s planned merger with Chemist Warehouse The competition watchdog has listed a host of concerns about the proposed Sigma Healthcare and Chemist Warehouse merger, …
Retailers slam junior pay rate move
A move by unions could discourage employers from hiring pharmacy assistants under certain circumstances, Guild says The Shop, Distributive and Allied Employees’ Association (SDA) has initiated legal action aimed at …