The Pharmacy Guild’s National Student Business Plan Competition has named the 2019 semi-finalists
The competition is an Australia and New Zealand-wide challenge promoting creative entrepreneurship among students preparing for a career in community pharmacy.
Five teams, from three universities – Auckland University, University of Technology Sydney and University of Queensland – have been awarded places in the semi-finals.
The teams progress to the semi-finals based on their business plans and scores in the quarter-final round which consisted of responses to feedback judges provided on their first-round business plans.
Some of the innovative ideas include new-to-market services related to skin cancer and skin conditions, back pain, mental illness and pharmacogenomics.
The semi-final round closes on 14 August 2019, with the top three teams progressing to the finals being held at the Pharmacy Connect Conference, Sydney 5-7 September 2019.
The aim of the competition is to encourage pharmacy students to consider how they would go about structuring their own pharmacy business, and produce a business plan.
It gives Australia and New Zealand’s best and brightest pharmacy students an opportunity to demonstrate their understanding of pharmacy practice through innovative and financially secure business models, says the Guild.
The competition was open to all pharmacy schools in Australia and New Zealand. It is an initiative of the Pharmacy Guild of Australia and is sponsored by Sanofi Consumer Healthcare (principal sponsor), EBOS (major sponsor), Gold Cross Products and Services and Pharmaceutical Defence Limited (PDL).