Falling PBS script prices force pharmacies to boost retail revenue

PBS reform is forcing pharmacy operators to boost their retail revenue, a report from IBISWorld, Pharmacies in 2016-7, shows.The report, which warns of troubled times ahead for pharmacy, says the industry is expected to generate revenue of $15.8 billion in 2016-17 and post sluggish annualised growth of 0.3% in the five years through 2016-17.While the