Business
Budget business boost
Small businesses set to benefit from a number of budget measures Community pharmacies and other small businesses have been given tax cuts and a range of other financial assistance measures …
It’s over for API-Sigma merger
Sigma’s Board has rejected the API proposal to take it over as not in the best interest of Sigma shareholders The non-binding indicative proposal from API to acquire all Sigma’s …
Retail pharmacy growth, revenue decline from PBS reforms
EBOS Group reports solid first half having acquired Terry White Group and anticipating start of its $1 billion Chemist Warehouse contract in July EBOS Group has released its financial results …
Sigma affirms ‘strong future’
A review initiated after losing My Chemist/Chemist Warehouse supply contract has identified over $100m per year in savings Sigma Healthcare Limited has announced a “strong outlook” after conducting a review …
Hitting your targets
What are the key performance measures that you should focus on for your pharmacy? Here’s what Natalie Sirianni suggests As a ‘numbers’ person, I always love this time of year …
CWH contract loss an ‘opportunity’
API thinks it has a better chance of merging with Sigma second-time around following PBS reforms and a changed industry landscape Last Friday Australian Pharmaceutical Industries Limited (API) announced that …
API announces proposal to merge with Sigma
Under the scheme, API shareholders would own approximately 63% of the combined entity with Sigma shareholders owning the remaining 37% Australian Pharmaceutical Industries Limited (API) has today lodged a substantial …
Pharmacies vs supermarkets
Consumers choose to buy non-prescription medicines in community pharmacies due to trust in their competence, care and accurate information, according to latest research While community pharmacies are considered trustworthy, consumers …
The right value?
What are the lessons from the recent pharmacy valuation season? John Thornett explains Since 30 June 2018 valuation activity has certainly been very high. We have seen activity pick up …
Capital gains
What determines a pharmacy’s capitalisation rate? Natalie Sirianni explains Pharmacy businesses are valued using the Capitalisation of Future Maintainable Earnings methodology. This means that mathematically there are two factors in …
A budget measure
Changes to the administration of pharmacy approvals are being introduced from December, with the Department of Health to take over the role In the Federal Budget released in May this …
MedAdvisor recognised in AFR’s Fast 100 Companies List
The Australian digital medication management company has made it onto the Australian Financial Review’s prestigious annual list MedAdvisor is ranked 23rd on the Australian Financial Review’s Fast 100 list, featuring …