Business
What Healthscope’s collapse means for pharmacy
The fall of troubled hospital operator Healthscope has raised questions about job security and how corporatisation fits into healthcare models, including pharmacy The Pharmacy Guild of Australia has joined a …
EBOS sheds value in sell-down
Terry White owner EBOS’ top market investor offloaded hundreds of millions of dollars in stock to pursue “other growth opportunities” The price of the listed wholesaler fell 5% in Thursday’s …
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 …
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 …
Pharmacy ‘specials’ called into question
Discount dockets on pharmacy shelves are confusing shoppers, consumer group warns Specials tags highlighting product promotions used by some pharmacy groups are frustrating customers, advocacy group Choice says. The group …