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Business environment

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skelton-pharmacy-1280
Business environment

‘Well performing’ pharmacy in North East sold to unnamed first-time buyer

Skelton Pharmacy was owned by Zulfiqar Rafiq, who runs three other pharmacies in Middlesbrough.

13 Nov 2024 , 1 Min Article

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Business environment

Cost of items dispensed in the community in England on the rise

NHS Business Services Authority said £10.1 billion was dispensed in 2023-24 compared with £9.59 billion in 2022-23.

07 Nov 2024 , 1 Min Article

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Business environment

Drug firm to challenge £389m fine for ‘disparaging’ rival MS drug

Teva hits back against finding that it waged disparagement campaign against rival.

04 Nov 2024 , 2 Min Article

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Business environment

Budget made no mention of pharmacy, laments NPA chief

National Pharmacy Association chief executive Paul Rees warned the national insurance rise will heap more pressure on pharmacies.

31 Oct 2024 , 1 Min Article

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Business environment

Pharmacist buys pharmacy in Liverpool after securing six-figure investment

Sean Clarke, who owns SPC Care Limited, was supported by River Capital to buy Normans Pharmacy on Walton Road.

31 Oct 2024 , 1 Min Article

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Business environment

MSN & Lunts Pharmacy Group adds another branch to its portfolio

The group, headed by Ravi Nagra, who sits on Shropshire LPC, purchased Bicton Heath Pharmacy in Shropshire.

17 Oct 2024 , 1 Min Article

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Business environment

Number of community pharmacies in England on the increase

NHS Business Services Authority figures reveal there were 12,009 community pharmacies in 2023-24, 595 more than in 2022-23.

10 Oct 2024 , 1 Min Article

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Business environment

Temporary pharmacy closures adding to ‘deepening crisis’ in sector

Older people and rural communities hit hardest, says Healthwatch England.

26 Sep 2024 , 4 Min Article

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Business environment

PDA gets pedantic over media coverage of NPA ‘ballot’

The PDA airs concerns about the way that plans by the National Pharmacy Association to ‘ballot’ members are being covered by the media.

24 Sep 2024 , 1 Min Article

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Business environment

Pharmacist fulfils long standing goal by buying first pharmacy

Christie Finance helped secure the acquisition by securing 80 per cent of the purchase price via an unsecured loan.

03 Sep 2024 , 1 Min Article

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Business environment

Former Lloyds parent ‘seeking £900m as it auctions AAH’

Asset strippers Aurelius could make healthy profit on wholesaler, the FT reports.

03 Sep 2024 , 1 Min Article

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Business environment

First-time buyers complete deal for pharmacy in Leeds

Brothers Shujah and Sarum Qureshi bought Star Pharmacy.

22 Aug 2024 , 1 Min Article

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Business environment

Former LloydsPharmacy parent exits from 64 hospital contracts

The LloydsPharmacy sell-off saga rumbles on as Hallo exits hospital contracts.

20 Aug 2024 , 2 Min Article

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Business environment

First-time buyer completes deal for pharmacy in Birmingham

Noor Ali Shah, 30, bought Medicare Chemist which, according to Christie and Co, dispenses an average of 8,618 items a month

16 Aug 2024 , 1 Min Article

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Business environment

Number of pharmacies in England will “slump” to lowest level in 20 years, warns NPA

The NPA has warned pharmacy numbers will fall to less than 10,000 by the end of September.

16 Aug 2024 , 2 Min Article

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Business environment

Pharmacy group adds to portfolio with purchase in Aberdeen

Kemnay Pharmacy Ltd, which owns pharmacies in Aberdeen, Aberdeenshire and Dundee, bought Anderson & Spence Pharmacy.

07 Aug 2024 , 1 Min Article