Business
MedAdvisor records inaugural profit
Medication management software provider, MedAdvisor’s ‘pathway to profitability’ is delivering with the firm announcing its first net profit after tax Realigned pharmacy fees and the expansion of pharmacists’ scope of …
Is Wesfarmers looking to cash in on Sister Club?
Retail conglomerate Wesfarmers could be set to launch retail media businesses to leverage data from its franchises’ loyalty programs Wesfarmers is thought to be looking to develop advertising offerings, like …
PharmX on ‘solid financial footing’
Electronic ordering and invoicing firm, PharmX Technologies, is reporting “a strong cash balance”, despite the impact of a Victorian Supreme Court ruling PharmX is forecasting that it will close out …
Sigma backer gives financial update
A top Sigma shareholder has shared how investing in the wholesaler has added to its fund, as the market continues to wait for the watchdog’s decision on the proposed Chemist …
EBOS lifts revenue, looks to post-CWH supply future
A strong year for community pharmacy helped to boost sales for the wholesaler and distributor, with the now-finished Chemist Warehouse deal accounting for almost 17% of its revenue Pharmacy wholesaler …
New date for Sigma, CWH merger announcement
Competition watchdog poised to announce findings of a review into Chemist Warehouse’s proposed merger with Sigma Healthcare in October Details of the review of Chemist Warehouse’s (CWH’s) planned reverse takeover …
New look for Woolworths-backed pharmacy
Adelaide pharmacy relaunches with a focus on GP telehealth access The store is part of the new Healthylife Pharmacy banner group, formed from the partnership between Healthylife and Superpharmacy, which …
The top 12: Business advice
60-day dispensing, budget developments, major mergers and more, what our readers have been reading to keep up with business news These are the twelve best read business columns in the …
Major shareholder again reduces stake in Sigma
HMC Capital has lowered its voting power in Sigma to just over 12% after owning 19% earlier this year A top Sigma Healthcare investor has reduced its stake in the …
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 …
Confidence on the rise
Pharmacy sales market is strongly on the rebound, the latest Attain market sentiment survey finds The Eighth Community Pharmacy Agreement (8CPA) has been reacted to positively by the pharmacy sales …