Business
StrongRoom AI attracts pharmacy investors
The pharmatech’s owner says it’s brought in funding from across the healthcare spectrum, including hospital, cannabis and aged care Pharmacy technology start-up StrongRoom AI says it’s continuing its comeback with …
EBOS plots TerryWhite expansion
TerryWhite Chemmart to be a cornerstone of wholesaler’s healthcare strategy EBOS expects its TerryWhite Chemmart (TWC) franchise will continue to expand in the 2026 financial year, shareholders have been told. …
Adult pharmacy assistants deserve adult pay, says union
Retailer lobby says push to abolish some junior wage rates would create higher youth unemployment – but the union for pharmacy assistants says it’s the same scare tactic used against …
Weight-loss drugs fatten CWH sales
GLP-1s help to elevate Chemist Warehouse sales growth in the first quarter of the 2026 financial year, Sigma chief says Strong business momentum seen in the final quarter of FY25 …
Merger exceeding expectations
Sigma boosts forecast savings from post-merger synergies Sigma Healthcare is on track to surpass expectations following its merger with Chemist Warehouse, company chair, Michael Sammells says. In his address …
Court backs Council in Blooms dispute
Landmark ruling finds banner group’s licence agreement would give it a financial interest in a prospective member The Supreme Court of NSW has backed the Pharmacy Council of NSW’s decision …
‘Significant and long overdue’ lease changes proposed
Amendments to retail leasing legislation before a state parliament to save the pharmacy sector ‘hundreds of millions’ Proposed changes to retail rental laws in NSW have the potential to …
How durable is government support for pharmacy?
A leading economist has queried the sustainability of current levels of government support for pharmacy in a changing financial landscape Government support for pharmacy has helped to keep a lid …
Verrocchi takes substantial stake in HMC
Chemist Warehouse co-founder takes major holding in former Sigma backer Billionaire pharmacist, Mario Verrocchi, has become a substantial shareholder in asset management firm, HMC Capital. A notice to the …
Paragon Care makes headway in recovering outstanding debt
Wholesaler Paragon Care reveals a pharmacy group has paid off more than $10 million of a $57 million debt in the last three months Audited financial statements released to the …
‘10m failed orders, worth more than $2bn’
The vast scale of stock-related order failures is ‘pharmacies’ number one operational challenge’, a platform says “In FY25 alone, Pharmx Gateway transaction data recorder over 10 million failed orders, worth …
‘Complex merger’: Sigma defends pre-merge exec pay
Plans to retain top talent with ‘once-off awards’ received a first strike at last year’s AGM, but Sigma said its merger may not have been completed as planned if the …