Business

Biotech roadblocks need to go 

Funding allocations for areas related to biotechnology in the 2019-20 budget announcement ignore the real roadblocks standing in the way of a thriving biotech economy in Australia, according to The iQ Group Global CEO Dr George Syrmalis. He says that although spending measures within biotechnology are welcome, policies to remove the red tape preventing commercialisation …

Funded pharmacy assistant’s training

The Pharmacy Guild’s Queensland Branch has acquired funding to prepare pharmacy assistants for the future of community pharmacy. The funding is part of the Queensland government’s Training in Emerging and Innovative Industries Fund (TEIIF) and will be applied through the Modernising Vocational Education (MOVE) project which aims to support the pharmacy assistant workforce by identifying …

Snapshot of the profession

A total of 31,108 pharmacists were registered for 2017-2018, an increase of 2.55 per cent on 2016-2017. The profession now comprises 4.4 per cent of all registered health practitioners in the country, although a Pharmacy Board of Australia (PBA) report reveals a 14 per cent year-on-year decline in registered pharmacy students in 2017/18. As of …

Optimising the DAAs

Willach has launched Consis.PI, a medicine pouch verification system which the company says is the fastest of its type available in the country. The system, aimed at supporting in-pharmacy dose administration aid (DAA) operations, scans packaged medicine pouches and verifies the contents against the medication order and customer details. While it has been designed to …

Student competition opens

The 2019 National Student Business Plan Competition is now underway, testing the flair and entrepreneurship of students preparing for a career in community pharmacy. The Pharmacy Guild’s 13th annual competition was launched during the NAPSA (National Australian Pharmacy Students’ Association) Congress in Adelaide in January. Team captain of the 2018 winning entry, Ellen South from …

6CPA program claims portal

The Pharmacy Programs Administrator (PPA) has begun operations administering, processing and paying claims associated with the 23 Community Pharmacy Programs funded under the Sixth Community Pharmacy Agreement. The new PPA website, registration and claiming portal, and support centre are now accessible. A user account has been created in the new portal for all program users …

Gold Cross marks ‘new era’

With iNova Pharmaceuticals’ recent acquisition of Gold Cross products, a ‘new era of collaboration’ is ushered in with the iconic range to expand into international markets. This according to the Pharmacy Guild of Australia means new opportunities for the made-in-Australia, exclusively supported and endorsed Guild range. The range includes more than 50 pharmacy-only health products …

Pharmacare acquires brand Go Natural

Pharmacare has finalised agreements to acquire the business of Go Natural, Pharmacare CEO John Donlan has announced. He described Go Natural as “one of the leading healthy-snack brands in Australia”. Go Natural is a family-owned business established more than 30 years ago. Its products are currently distributed across grocery, petrol and convenience stores locally, as well …

TWC’s marketing push

TerryWhite Chemmart (TWC) says it is aiming to create more personalised store formats and deliver a series of events that revolve around the needs of customers as identified by TWC. Speaking at their 2018 Supplier Forum in Melbourne, TWC Chief Operating Officer Duncan Phillips says the next 12 months would be a “transformational” time for …

Health entrepreneurs wanted

Australia’s brightest entrepreneurs are being offered support to solve some of the most common health problems. Health fund HCF and its accelerator program Catalyst, now in its fourth year in partnership with Slingshot, is offering successful applicants access to HCF mentors and hands-on resources such as funding, industry relationship-building, and strategic guidance to turn their …