Business
Paragon Care makes headway in recovering outstanding debt
Wholesaler Paragon Care reveals a pharmacy group has paid off more than $10 million of a $57 million debt in the last three months Audited financial statements released to the …
‘10m failed orders, worth more than $2bn’
The vast scale of stock-related order failures is ‘pharmacies’ number one operational challenge’, a platform says “In FY25 alone, Pharmx Gateway transaction data recorder over 10 million failed orders, worth …
‘Complex merger’: Sigma defends pre-merge exec pay
Plans to retain top talent with ‘once-off awards’ received a first strike at last year’s AGM, but Sigma said its merger may not have been completed as planned if the …
CWH trio avoid other rich listers’ plunge
The founders have gained ground in the past six months, as others have lost close to $16bn, according to the Australian’s revisited Richest 250 list Chemist Warehouse’s three founders have …
The week in review
‘Pivotal step’ for pharmacist prescribing, the latest on needle-free vaccines and the importance of pricing were among the topics that had our readers talking this week Work is underway to …
‘You might only get one lick of the ice cream’
Full scope services are providing an opportunity for pharmacies to increase customer loyalty and boost transactions, a data expert says Pharmacy owners need to embrace full scope of practice to …
OTC brand loyalty waning
Consumers’ willingness to choose a generic option is extending beyond prescription medications, pharmacists told Dispensary data showing patients are increasingly opting for generic alternatives when filling scripts is being mirrored …
Seller’s market: Young buyers are back
Full scope optimism has brought a new cohort of buyers into the market, but supply has dropped, a conference has heard Younger buyers have signalled their intention to buy pharmacies …
Priceline’s lessons from Bunnings and Kmart
Wesfarmers Health is adopting similar strategies to its retail giant siblings to grow its margins and market share Private label is set to become a bigger part of the Priceline …
Have Chemist Warehouse bosses cashed in?
More than 348 million Sigma shares sold since Chemist Warehouse co-founders’ stakes were partially released from escrow Sigma Healthcare shares held by at least one of Chemist Warehouse’s three co-founders …
RHC pharmacy revenue up amid broader headwinds
Hospital and community pharmacy revenue increased 8% in an otherwise tough year for the hospital operator Australia’s largest hospital operator Ramsay Health Care posted a 97% drop in net profit …
Pharmacy wholesale business delivers for ParagonCare
ParagonCare revenue up 8.3% in first full year after merging with pharmacy wholesaler CH2 and complementary medicine business, Oborne ParagonCare’s pharmacy wholesale business recorded total sales of $2.8 billion in …