Wholesale puts Wesfarmers Health behind target
Wesfarmers’ managing director told investors its health portfolio is tracking behind where it the company would like it to be, as the company deals with slower supply chain cost reductions …
‘We’re not a warehouse model’: Priceline on competing with CWH
Priceline has “significantly narrowed the gap” on price with competitors like Chemist Warehouse, but there’s still “a way to go”, Wesfarmers Health managing director says Priceline has been focused on …
Wesfarmers cuts Priceline prices, rolls out new stores
Priceline owner Wesfarmers Health has detailed its recent store growth and transformation strategy, aimed at boosting earnings and shareholder returns In the year to May 2025, Wesfarmers Health – which …
Drug giant sours on Mayne Pharma deal
A US drug company has threatened to walk away from a deal to acquire Australian-owned Mayne Pharma over a disagreement about whether a “material adverse change” happened ASX-listed Mayne Pharma …
Sigma execs’ post-merger pay rise
Wholesaler Sigma told investors it has updated fixed and variable pay structures for its CEO and CFO following the “transformational” Chemist Warehouse (CWH) merger Sigma CEO Vikesh Ramsunder – who …
Interest in StrongRoom AI revealed
Administrators handling StrongRoom AI attracted several final offers for the fallen pharmatech, with a report to creditors recommending liquidation and suggesting the company may have been trading while insolvent The …
How Sigma got CWH merger across the line
The competition watchdog has shared more details about why it didn’t block the Sigma/Chemist Warehouse reverse takeover late last year The Australian Competition and Consumer Commission (ACCC) said it wouldn’t …
Will Aussie pharma pay for Trump’s crackdown?
US President Donald Trump signed an order to bring down American drug prices and “end global freeloading”, with early – but transient – consequences for local manufacturers The United States …
Healthscope landlord in ‘advanced’ re-tenancy talks
Sigma-backer HMC Capital told investors troubled hospital operator Healthscope may enter receivership shortly, based on reports The hospital operator missed rent payments earlier this year, but has part paid its …
Pharmacy driving higher health spend
Health consumption has risen in the past year, with pharmacy spending among the key contributors, a report shows Consumers have been pouring money into health once again, with the spending …
Is the tide turning on vapes?
A pharmacy ordering company says it’s seen a surge in demand for nicotine vapes through its platform In an update to investors, listed microcap Pharmx reported an almost 500% increase …
MedAdvisor receives takeover bid
MedAdvisor Solutions says it’s received a takeover offer from an unnamed multinational, which has signalled it would grow and invest in the software provider’s local pharmacy offering MedAdvisor got a …