Business
Pharmacy pushback on direct supply
Direct supply increases workload and costs for community pharmacies, argues the Guild – and most pharmacists agree, according to an AJP reader poll Exclusive direct supply arrangements not only double …
Why do people buy medicines from supermarkets?
Consumers appear to be moving away from pharmacies and into supermarkets for minor healthcare needs, says QLD researcher In Australia, supermarkets are able to offer unscheduled medicines for the treatment …
What’s the best option?
Cost cutting on wages versus investing in companion selling to get results: do the simple math, it’s a no brainer, says Glenn Guilfoyle As I travel this big country of …
Hit to trading terms
Wholesalers forced to act in the wake of direct distribution defections The recent moves by manufacturers AstraZeneca and Amgen to a direct distribution model are being blamed for driving full-line …
Will Chemist Warehouse be listed on ASX?
The discount pharmacy chain has been reportedly meeting with fund managers and investment bankers in recent months With Chemist Warehouse reportedly spending increasing face-to-face time meeting with fund managers and …
Tell him he’s dreamin’
This famous quote from ‘The Castle’ comes up surprisingly often in pharmacy business brokering, says Natalie Sirianni To be honest, this is not usually quoted with exactly the same grammar …
“Safe pharmacy practice does not require a registered pharmacist to own a pharmacy”
Ramsay is on track to acquire 55 retail pharmacies by year’s end, having overcome some—but not all—regulatory hurdles Following an exchange of contracts in August, Ramsay Health Care has this week …
Reminder of new franchisor liability provisions
Franchisors should prepare for increased protections for vulnerable workers and doubling of maximum penalties for record-keeping breaches Under recent amendments to workplace laws, some franchisors can be held responsible if …
Distribution dust-up
Calls for supply chain guarantees as another pharma company decides to explore direct distribution to pharmacy The National Pharmaceutical Services Association (NPSA) is calling for the Federal Government to ensure …
TerryWhite Chemmart app to launch
TerryWhite Chemmart is set to get its own digital app, as EBOS announces an investment in MedAdvisor Digital medication management company MedAdvisor has received a $9.5 million investment from EBOS …
Take ownership of your local marketing
A lot of pharmacies rely too heavily on their franchise for marketing when they should be creating localised strategies, says Sarah Rendell These pharmacies assume because they are associated with …