business
Under review
The ACCC has launched a review into the proposed merger of Arrow and Apotex Early last month, Arrow Pharmaceuticals and Apotex announced a proposed merger of their Australian and New …
AFT reports 32% rise in gross profit
The pharmaceutical company has also seen a 16% growth in revenue, as it launches Maxigesic across several countries AFT Pharmaceuticals has announced its full-year audited financial results for the year …
Down to the final 16
Bumper crop of teams register to compete in leading student business competition Registrations for the Pharmacy Guild of Australia’s 2018 National Student Business Plan Competition have closed, with 16 teams …
The devil is in the detail: The importance of legal due diligence
Deciding whether to purchase a business is not an easy decision, and one of the first stages is completing due diligence, writes Sarah Stoddart Deciding whether to purchase a business is …
Financial results don’t meet Sigma Healthcare’s expectations
Sigma Healthcare chief Mark Hooper has addressed the Chemist Warehouse supply agreement and the issue of exclusive direct distribution Speaking at Sigma Healthcare’s Annual General Meeting, Mr Hooper said that …
A boost for business
Tax cuts on the agenda for small businesses in Federal Budget Reducing the tax burden on businesses will help them invest, grow, employ more Australians and pay higher wages, Federal …
Blackmores announces profit, acquisition
Blackmores announces its net profit and its decision to acquire Catalent Australia Holding Pty Limited, owner of a CM manufacturing facility Blackmores will acquire 100% of the issued share capital …
1,000 businesses across Australia to be audited
The Fair Work Ombudsman has begun auditing businesses across a spectrum of industries including retail, restaurant, security and manufacturing The nationwide audit is part of a new Workplace Basics campaign, …
Driving daigou to Chemsave
Chemsave and AuMake have announced a partnership aimed at reaching out to daigou and Chinese tourists AuMake is a retailer that connects Australian suppliers directly with Chinese consumers (“daigou” and …
My Chemist corners market amidst ‘intensifying competition’
My Chemist Retail Group, which includes Chemist Warehouse, holds nearly a full third of the entire community pharmacy market, according to a new report Intensifying competition between traditional stores and …
MyPak hoping to lead the DAA way
Arrow Pharmaceuticals and Douglas Pharmaceuticals have announced the formation of a new joint venture company, MyPak Solutions Pty Ltd The two say that MyPak Solutions is set to become the …
Sigma net profit drops 10.5%
Sales revenue was “heavily impacted” this year by a decline in the sales of low-margin hep C medicines Sigma Healthcare has reported a difficult financial year, but says it will …