Tag:pharmaceutical

Are multi-user warehouse dispensing hubs the future of pharmacy?

News came out last week that the U.K. government will soon allow community pharmacies to ‘outsource’ their dispensing services to large warehouse-style ‘hub’ pharmacies. New legislation has been introduced to British parliament that would allow pharmaceutical wholesalers to develop “new large-scale hub facilities” and for small local-area pharmacies to tap into the economies of scale […]

Why pharmacists are turning to compounders to save their bottom line

With medication shortages on the rise, community pharmacies in Australia are increasingly turning to specialist compounding chemists to help defray the time and expense associated with finding effective medication alternatives for their worried customers. According to a new survey from the Pharmaceutical Group of European Union, last year pharmacists from 82% of countries reported they […]

Election over. What now for medicine?

It will be another 3 years (or so) before we get to enjoy our next federal democracy sausage, so in the meantime, what changes can we expect to see in the pharmaceutical sector? Let’s have a look at what the election results will mean for medicines: The LNP has promised $614 million in funding for […]

We’re a small fish in a big pharmaceutical pond – Should Australia be worried?
small fish big pond

According to NPS Medicine Wise Australia accounts for only 2 per cent of the pharmaceutical sector’s global market and we import more than 90 per cent of our medicines from overseas. In light of the increasing incidence of global drug shortages, affecting even giant markets like the U.S., should we be worried? In September of […]

Could Trump’s latest plan see the price of medicine jump in Australia?
Donald Trump drug prices

Donald Trump’s plan to bring down the skyrocketing cost of prescription medication in the U.S. has the potential to see prices increase in other parts of the world, according to the President himself. In a speech given at the U.S Department of Health and Human Services late last week, President Trump outlined his plan to […]

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