Business
Non-pharmacy Pain Away sales boost margin
Costco and 7-Eleven are playing a significant role in bolstering sales of Pain Away Wellnex Life, the owner of the Pharmacy Own brand, is reporting 16% surge in sales of its Pain …
Pharmacy cops $15k hit on Vyvanse price cut
Community pharmacies left out of pocket, as the government secures $50 price reduction for ADHD medication Pharmacy owners are counting the cost of efforts to mitigate against supply shortages of …
‘We need everyone back on the team’: Verrocchi
Chemist Warehouse chief summons newly minted millionaires back to work, as 100-year plan to become the world’s number one pharmacy franchise accelerates “You’ve bought your toys, your houses, went on your holidays, did what …
Sandoz drops JustMeds denosumab program promotion
Grassroots response pushes biosimilar manufacturer to rethink its medicine delivery service Sandoz has ceased promotion of a program aimed at boosting uptake of biosimilars after community pharmacists raised concerns about …
First strike recorded against MedAdvisor
Shareholders back MedAdvisor name change, but reject the company’s 2025 remuneration report Patient engagement solutions firm, MedAdvisor Solutions, will rebrand as Adheris Health Limited, after shareholders backed the name change at …
Aged care delivers rapid growth for pharmacy
Pharmacy group among Australia’s fastest growing businesses The rollout of onsite pharmacy services in the aged care sector has seen Choice Chemist take second spot on the Australian Financial Review’s …
Inflation clouds household spending in October
Household spending continues to rise, but inflation may be “distorting the picture”, bank warns Increases in household spending seen in October may be related to rising prices rather than higher …
Pharmx rolls out new ‘Marketplace’
Pharmacy technology provider expands its influence on the sector’s value chain with new order system Pharmxchange’s ordering platform is to be deprecated in favour of Pharmx’s Marketplace. In an announcement …
MedAdvisor announces leadership shake-up
The pharmacy software venture has appointed a new managing director and chief executive Listed software company MedAdvisor Solutions has hired a new leader as it continues to try and unlock …
Pharmacies find new revenue streams: insights
Foot traffic is flat, but there are other reasons for optimism in community pharmacy, valuation and brokerage businesses say Pharmacists are defying flatter script volumes with ‘value add’ services, which …
‘Fluctuating demand’ strains supply
Manufacturing issues a major cause of drug shortages worldwide, scoping review finds Causes of drug shortages include manufacturing issues, fluctuating demand and market forces, poor supply chain management, political and …
Priceline delivers profit growth for Wesfarmers
Wesfarmers Health lifted profits in 2025, with Priceline sales and network growth partly driving the division’s results, the group told shareholders The decision to cut prices on key Priceline value …