Business

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 …

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APC seeks input

Australian Pharmacy Council (APC) says the pharmacy profession and other stakeholders are being urged to have their say on the review of accreditation standards for pharmacy degrees and intern training programs. An APC statement says the standards are due for a review to reflect the current and future needs of …

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TWC academy upgrade

  TerryWhite Chemmart (TWC) has upgraded its training academy to support the pharmacies and upskill the teams that support the delivery of various leading health program initiatives. The TWC Academy will offer a range of education and training opportunities for pharmacists and support staff, including the Retail Leaders Forum, Masterclass …

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Warehouse investment

EBOS Group has opened a new, $15 million purpose-built distribution centre  in western Sydney. In addition to the opening on October 19, EBOS announced a $50 million increase in its investment in the TerryWhite Chemmart network. The new facility, near the M4 and M7 motorways, was officially declared open by …

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Inventory solution for the future

Chemist Warehouse Group (CWG) will use the Manhattan Active Inventory solution for inventory forecasting and replenishment needs. This  move follows CWG’s use of Manhattan’s Scale, a warehouse management and distribution operations solution. Manhattan Active Inventory solution may  provide increased visibility into network demand to help respond to shifting requirements and …

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Tax cuts for SMBs

Health Minister Greg Hunt has announced additional company tax relief for small- and medium-business owners. This reform builds on the first stage of company tax relief that the government delivered in May 2017 and will be seen as good news for local communities, potentially leading to increased investment, more jobs …

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End exclusive direct distribution arrangements now

If monopoly supply arrangements between manufacturers and pharmacies continue, there will be no back-ups to protect patients from a single point of failure in the PBS supply chain, the National Pharmaceutical Services Association (NPSA) has warned this week. Speaking at the eyeforpharma conference in Sydney, NPSA Chair Mark Hooper said …

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Terry White Group reports growth from the merger

Terry White Group (TWG) attributed a “significant increase” in net profit after tax (NPAT) for the financial year ended June 30 to its commitment to harness post-merger business synergies. According to the group’s financial statement, NPAT rose to $4.4 million from its 2017 loss result, which was impacted by acquisition, …

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Sigma invites pharmacists to be ‘part of something better’

Sigma CEO Mark Hooper, in an open letter, has invited pharmacists to “be part of something better” under the banner of Sigma Healthcare, which claims its flagship pharmacy brands have recorded like-for-like sales growth in the past six months, exceeding overall flat industry growth. “There is real momentum at Sigma,” …

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Keeping up with shifting expectations by customers

The second annual Ventura Health expo was held last month in the Hunter Valley of NSW, centred on the theme ‘2020: Keeping the customer in sight’. The event was held at the Crowne Plaza Hunter Valley in Lovedale, with the retail pharmacy group turning its attention to the needs of …

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