Business
Investors betting on Sigma, CWH merger green light
‘Amber light’ issues raised in the ACCC’s Statement of Issues relating to Sigma’s proposed merger with Chemist Warehouse are likely to turn green, an investment analyst says Investment banking firm, …
Sigma makes offer to get CWH merger approved
ACCC pushes back announcing a decision on Sigma Healthcare’s proposed merger with Chemist Warehouse by a fortnight for further consultation Amcal and Discount Drug Store franchisees will be allowed to …
Wholesaler plots franchise push
Sigma is preparing to expand its pharmacy networks in the face of a competitive market Sigma Healthcare is stepping up its franchise growth plans, announcing a new marketing campaign for …
CWH eyes ‘significant growth runway’ in Australia
Discounter reports 78% bump in statutory net profit after tax for 2024 financial year Chemist Warehouse (CWH) plans to continue its expansion across Australia over the next 12 months, after …
‘Industry-wide challenges’ are driving up costs: Ramsay Health Care
Pharmacy revenue has grown by more than 7% in the past year and profit improvements have been forecast for the year ahead, but Ramsay Health Care indicated challenging dynamics could …
60-day uptake ‘quite modest’: expert
Pharmacy financials looking “pretty strong” due to low uptake of 60-day dispensing to date, says leading analyst, with first additional payments due by end of Oct Lower-than-expected uptake of 60-day …
Banner group leads the way
Priceline franchise bolsters indifferent Wesfarmers FY result, says finance industry analyst Mike Taylor The Priceline franchise has helped drive Wesfarmers’ Health division to be a stand-out performer for the big …
Ramsay Health Care flags wage concerns
Pharmacy delivers growth for Ramsay Health Care in 2024, but the next 12 months are unlikely to be smooth sailing Private health and pharmacy operator Ramsay Health Care has increased …
Priceline sales boost Wesfarmers Health results
Pharmacy business delivers growth for Wesfarmers, with Priceline franchise network continuing its expansion Wesfarmers Health lifted its revenue by almost 6% in the most recent financial year, with strong Priceline …
MedAdvisor records inaugural profit
Medication management software provider, MedAdvisor’s ‘pathway to profitability’ is delivering with the firm announcing its first net profit after tax Realigned pharmacy fees and the expansion of pharmacists’ scope of …
Is Wesfarmers looking to cash in on Sister Club?
Retail conglomerate Wesfarmers could be set to launch retail media businesses to leverage data from its franchises’ loyalty programs Wesfarmers is thought to be looking to develop advertising offerings, like …
PharmX on ‘solid financial footing’
Electronic ordering and invoicing firm, PharmX Technologies, is reporting “a strong cash balance”, despite the impact of a Victorian Supreme Court ruling PharmX is forecasting that it will close out …