Chemist Warehouse's mega-merger is on and pharmacists have mixed views

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Pharmacy Nouvelles

Chemist Warehouse,Chemist,Sigma

Australia's consumer watchdog has given Chemist Warehouse's merger plans a green light. Those who work behind the pharmacy counter in regional areas have mixed views of the news.

Pharmacists are both concerned by and supportive of the merger.Pharmacists in regional areas are divided over the impacts of Chemist Warehouse and Sigma Healthcare's mega-merger.

The merger will give the new company about 1,000 retail stores and 16 distribution centres in Australia and New Zealand, as well as end-to-end oversight of the pharmaceutical process. "I just feel it will give them an unfair business advantage over smaller operators," Mr Paterson said. “Reduced competition ultimately leads to higher prices for patients and lower service standards," a spokesperson said

 

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Why did the ACCC approve the Chemist Warehouse merger with Sigma Healthcare?Two of Australia's biggest pharmacy brands are joining forces to become a multi-billion-dollar pharmaceutical juggernaut. Here's why the competition watchdog gave the deal the all-clear.
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