Sigma backer encircles troubled hospital operator
David Di Pilla’s HMC Capital is reportedly getting closer to a takeover of beleaguered private hospital operator Healthscope, which has missed rental payments on 11 of its hospitals In its …
Pharmacy revenue boost for Ramsay
Hospital and health service operator Ramsay Health Care has reported an 11.6% increase in pharmacy revenue in the first six months of the financial year The diversified company, which operates …
ACT UTI/contraceptive trial becomes permanent
Canberra’s community pharmacists will be able to play a bigger role in treating uncomplicated urinary tract infections (UTIs) and resupplying the contraceptive pill, with a trial becoming a permanent part …
‘Wait-and-see’ on RFK Jr’s vaccine impact: MedAdvisor
Software business MedAdvisor Solutions indicated it’s not “currently” expecting to take a hit from the new US health secretary’s vaccine sentiment, but it’s “somewhat of a wait-and-see” exercise It comes …
TWC notes changing landscape; grows store footprint
The executive general manager of TerryWhite Chemmart (TWC) said the evolving community pharmacy landscape will face a “defining moment” in the next few years, as the group added 52 new …
‘A privilege not many professions offer’: TWC award winner
TerryWhite Chemmart (TWC) has announced its national pharmacy award winners, with a pharmacy in Noraville NSW and Queensland-based leader among the recipients of this year’s HEART awards The TerryWhite Chemmart …
CWH founders’ wealth soars
‘Rich list’ sees Chemist Warehouse bosses’ wealth rise, with the Sigma effect yet to be counted The three founders of Chemist Warehouse have collectively seen their wealth climb by $920m …
MedAdvisor earnings dive in Q2
Software company MedAdvisor Solutions says its revenue dropped almost 40% in the second quarter of the financial year, with weaker US numbers behind the fall The Melbourne-based company also saw …
‘A great Australian story’: CWH founders named AFR Business Person of Year
The three founders of the $30bn discount pharmacy chain Chemist Warehouse (CWH) have been honoured by The Australian Financial Review (AFR) Mario Verrocchi and Jack and Sam Gance have been …
MedAdvisor to formally review its market value
The global pharmacy software company’s board has brought in financial advisors and legal counsel to help “ensure (their) assets are assigned their full and appropriate value” The board of software business …
What does the future look like for CWH/Sigma shareholders?
Investors in the merged Sigma/Chemist Warehouse could start reaping the benefits from the retailer’s earnings late next year, but the outlook hinges on store number growth, one analyst says …
‘A done deal’: What comes next for Sigma and CWH
With the competition watchdog green lighting one of the Australian pharmacy sector’s biggest deals, shares in wholesaler Sigma Healthcare have rallied to historic highs Healthcare analysts say the next hurdles …