Business
GLP-1s supplant Covid antiviral growth: Wesfarmers
As pharmacies looked to replace revenue from Covid antivirals, a new contender moved behind counters, a major player says Weight loss drugs have become a top earner for Priceline Pharmacy …
Infinity stores ‘continue to trade well’
While future ownership of Infinity Pharmacy Group’s Priceline stores is unknown, individual pharmacies are performing well, Wesfarmers reports In its first statement to the Australian Securities Exchange (ASX) regarding the collapse …
Not-for-profit plan: Employees given Healthscope update
Receivers have detailed plans to secure the future of the hospital operator Healthscope’s receivers say they’ve come up with a plan that will give “stability to Australia’s hospital system”, which …
Mayne Pharma sues former suitor
Action has been launched in the NSW Supreme Court after the takeover agreement was pulled Mayne Pharma is suing its US ex-suitor Cosette and its private equity backer Avista Healthcare …
Sigma/CWH merger ‘proving to be successful’
Sigma is poised for continued growth across all its pharmacy brands, one year on from its merger with Chemist Warehouse, the company’s CEO says Twelve months after completing its merger with …
Infinity interest revealed
The collapsed pharmacy group’s receivers are targeting a bulk sale, with a source revealing how many potential suitors have lined up – and others sharing concerns about competition A campaign …
Pricelines not closing, says Wesfarmers
Media have “misreported that some Priceline Pharmacies are closing,” the giant says, as it moves to reassure patients their stores will stay open Wesfarmers, owner of the Priceline banner via …
TWC’s full scope targets
The pharmacy chain says it holds more than a third of market share in pharmacist prescribing, with ambitions to quickly grow its footprint TerryWhite Chemmart (TWC) has detailed its pharmacist …
Potential suitors tight-lipped on Infinity plans
Would-be buyers are circling the collapsed Infinity Pharmacy Group, with an auction process expected to commence in February Sigma Healthcare, and private equity firm, Genesis Capital, are believed to be frontrunners to acquire the Infinity group, following Wesfarmers Health’s decision to …
Paragon Care walks away from Ramsay deal
Wholesaler eyes savings from end of supply arrangement Paragon Care expects that its decision to “transition out as the primary wholesaler to Ramsay Healthcare’s retail and hospital pharmacy business” will be …
Priceline delivers momentum for Wellnex
Unaudited figures give health and wellness firm, Wellnex Life, on “solid platform” for the second half of the 2026 financial year, the company says Wellnex Life is on track to create “long-term shareholder value” following a strong …
Past privacy breaches put pharmacy under the microscope
Pharmacies are being urged to implement clear privacy policies as “the first block of better practices” Australia’s pharmacy sector is one of six being scrutinised by the Office of the Australian Information …