Business
API: Exclusive supply still a ‘very big issue’
The CEO of one of Australia’s leading pharmaceutical distributors says he wishes a solution had been organised “yesterday” Exclusive supply of medicines is still a “very big issue”, says Richard …
Who’s earning the big money?
New list reveals the world’s top 25 pharma companies by market capitalisation A new report from Global Data has revealed the 25 leading global pharmaceutical manufacturers in order of their …
How Chemist Warehouse loss hit Sigma
Sigma has revealed a more than 50% drop in profit following the loss of its contract with My Chemist/Chemist Warehouse The company has released its first-half financial results in which …
Ramsay reports $9.2B revenue
The healthcare group says it is “committed” to expanding its pharmacy franchise network into the next financial year Ramsay Health Care has today reported a net profit after tax of …
EBOS delivers record profit
However total Australian revenue declined, driven by a $333m reduction in hepatitis C medicine sales Leading wholesaler, pharmacy and animal care company EBOS Group has announced a net profit after …
At sixes and sevens
Consumer surveys that tell you how satisfied pharmacy customers are with the service they receive are rubbish, say Bruce Annabel and Mal Scrymgeour Recently one of us commented that some …
Call for outcome-based funding
Funding for community pharmacy should not just be based on activity but on outcomes or bundled services for chronic care, says Guild leader The future that the Guild envisages for …
Looking deeper
The ACCC is investigating whether the proposed merger of Arrow and Apotex – two of the largest suppliers of generics in Australia – will impact on competition In early May, …
A ‘crystal ball’ into Australia’s destiny?
The worst thing wholesalers could do is pretend Amazon is not going to have an impact and ignore the threat, says Sigma chief A few weeks ago, Amazon announced that …
API to acquire skincare clinics
The wholesale giant is acquiring them for $127.4 million, to build a strong service-based business ‘away from government funding’ Australian Pharmaceutical Industries has entered a binding agreement to acquire Clearskincare …
Licensees reprimanded
Recent panel hearings have looked into allegations that licensees had failed to meet their responsibilities to comply with good pharmacy practice at registered premises Three panel hearings were held in …
A broken chain: pharmacy’s supply crisis
The damaged pharmacy supply chain is creating the current (and future) spate of out of stock medicines, says Bruce Annabel Price disclosure has damaged all supply chain participants including wholesalers, …