Business
Pharmacies find new revenue streams: insights
Foot traffic is flat, but there are other reasons for optimism in community pharmacy, valuation and brokerage businesses say Pharmacists are defying flatter script volumes with ‘value add’ services, which …
‘Fluctuating demand’ strains supply
Manufacturing issues a major cause of drug shortages worldwide, scoping review finds Causes of drug shortages include manufacturing issues, fluctuating demand and market forces, poor supply chain management, political and …
Priceline delivers profit growth for Wesfarmers
Wesfarmers Health lifted profits in 2025, with Priceline sales and network growth partly driving the division’s results, the group told shareholders The decision to cut prices on key Priceline value …
StrongRoom AI attracts pharmacy investors
The pharmatech’s owner says it’s brought in funding from across the healthcare spectrum, including hospital, cannabis and aged care Pharmacy technology start-up StrongRoom AI says it’s continuing its comeback with …
EBOS plots TerryWhite expansion
TerryWhite Chemmart to be a cornerstone of wholesaler’s healthcare strategy EBOS expects its TerryWhite Chemmart (TWC) franchise will continue to expand in the 2026 financial year, shareholders have been told. …
Adult pharmacy assistants deserve adult pay, says union
Retailer lobby says push to abolish some junior wage rates would create higher youth unemployment – but the union for pharmacy assistants says it’s the same scare tactic used against …
Weight-loss drugs fatten CWH sales
GLP-1s help to elevate Chemist Warehouse sales growth in the first quarter of the 2026 financial year, Sigma chief says Strong business momentum seen in the final quarter of FY25 …
Merger exceeding expectations
Sigma boosts forecast savings from post-merger synergies Sigma Healthcare is on track to surpass expectations following its merger with Chemist Warehouse, company chair, Michael Sammells says. In his address …
Court backs Council in Blooms dispute
Landmark ruling finds banner group’s licence agreement would give it a financial interest in a prospective member The Supreme Court of NSW has backed the Pharmacy Council of NSW’s decision …
‘Significant and long overdue’ lease changes proposed
Amendments to retail leasing legislation before a state parliament to save the pharmacy sector ‘hundreds of millions’ Proposed changes to retail rental laws in NSW have the potential to …
How durable is government support for pharmacy?
A leading economist has queried the sustainability of current levels of government support for pharmacy in a changing financial landscape Government support for pharmacy has helped to keep a lid …
Verrocchi takes substantial stake in HMC
Chemist Warehouse co-founder takes major holding in former Sigma backer Billionaire pharmacist, Mario Verrocchi, has become a substantial shareholder in asset management firm, HMC Capital. A notice to the …