ASX
Fees help to drive MedAdvisor revenue growth
MedAdvisor says it expects fees to “build over time” to support licensing and health programs, as it reports a jump in revenue Medication software company MedAdvisor’s quarterly revenue climbed 32%, …
Shareholders back CWH/Sigma deal, face risks if it fails: analyst
Sigma shares rallied to an eight-year high, but one analyst says investors could be exposed if the CWH deal doesn’t get the green light The share market appears to be …
MedAdvisor on track for first profit
New transaction fees for vaccinations and Project Stop have MedAdvisor on route to record an inaugural net profit after tax Medication software provider MedAdvisor Solutions says it’s on course to …
Investment ratings houses cool on Sigma/CWH deal
Evidence is growing that some institutional advisors may be starting to grow wary of the CWH/Sigma deal, says Mike Taylor When financial advisers make investment recommendations to clients they are …
PharmX announces net half year profit
PharmX eyes new services and deeper market penetration after posting half-year profit Electronic ordering and invoicing company PharmX has posted a $300,000 underlying net profit after tax for the most …
PharmX sees stock sales surge
ASX issues pharmacy technology provider, PharmX with a price query after share price plunged 66% in early trading Pharmacy ordering and invoicing platform provider, PharmX (formerly Corum Health) has told …
WholeLife Pharmacy signs CanView partnership
Medicinal cannabis marketplace, CanView, to distribute WholeLife’s branded products under a new services agreement WholeLife Pharmacy is set to integrate Vitura Health’s CanView platform into its technology ecosystem as part …
Corum name change approved
Shareholders green light sale of Corum Group’s pharmacy software business, and new company name Australian Securities Exchange (ASX) listed pharmacy IT solutions firm Corum Group has received near unanimous support …
Sigma sparks API bidding war
Pharmacy Guild says it will monitor developments on API buyout for any “possible implications”. Sigma Healthcare has made a takeover offer for Australian Pharmaceutical Industries (API), trumping Wesfarmers 11 day …
API says no to Wesfarmers
API Board unanimously concludes “undervalued” Wesfarmers offer is not in the best interest of shareholders The board of leading pharmaceutical wholesaler API has rejected a takeover offer from retailing giant …
CWH in ‘IPO charm offensive’
Chemist Warehouse has reportedly begun courting several fund managers, potentially ready for the biggest float in years “Chemist Warehouse has launched an initial public offering charm offensive,” write Sarah Thompson, …
Chemist Warehouse, TWC credited in EBOS ‘record’ results
Community pharmacy revenue across both Australia and New Zealand rose by $1.4 billion due to significantly increased volumes EBOS Group has reported strong revenue growth in its full-year results despite …