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Business environment

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Business environment

Pharmacy’s rent will rise by 220 per cent, says director

Gurdev Channa at Britannia Pharmacy says the rent of one branch will rise from £25,038 a year to £80,000.

17 Jun 2022 , 1 Min Article

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Business environment

NHS landlord triples rent for independent pharmacy

NPA urges landlords to review arrangements as one NHS property demands threefold rent hike.

15 Jun 2022 , 1 Min Article

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Business environment

Four-thousand-items pharmacy sells off £1m asking price

Central London pharmacy changes hands after 45 years.

13 Jun 2022 , 1 Min Article

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Business environment

Cambrian Alliance and PSNC link up to support drug purchasing

Cambrian Alliance announces new arrangement with PSNC to improve price concessions system

10 Jun 2022 , 1 Min Article

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Business environment

Cost of prescriptions dispensed in community rises £83m in England

NHS Business Services Authority reveals £9.69 billion of items were dispensed in 2021-22.

10 Jun 2022 , 1 Min Article

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Business environment

Asda owners may drop Boots bid over price concerns

Boots parent WBA reportedly asked Asda owners to increase their offer for the multiple.

30 May 2022 , 1 Min Article

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Business environment

Consolidated pharmacy group undergoes rebrand

Three businesses rebrand as Pickfords Pharmacy.

24 May 2022 , 1 Min Article

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Business environment

Three Leicester pharmacies sold in excess of guide prices

'Robust appetite' for Leicestershire pharmacies, says property adviser.

19 May 2022 , 1 Min Article

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Business environment

I want successful businesses to join me, says ‘super pharmacy’ CEO

Alitam chief sets out his ambitions to disrupt the sector.

13 May 2022 , 1 Min Article

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Business environment

Pharmaceutical wholesaler falls into administration

Doncaster Pharmaceuticals Group, Testerworld Limited and Eclipse Generics Limited were appointed an administrator this week.

12 May 2022 , 1 Min Article

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Business environment

NHS reviewing claims that pharmacy overcharged for prescription

London pharmacy defends its attempts to prevent dispensing drugs at a loss.

10 May 2022 , 1 Min Article

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Business environment

Knights takes number of pharmacies to 98 with Cecil Jones deal

Knights bought Pearns Pharmacies Limited last year, Norchem Healthcare in 2015 and Vittoria Healthcare in 2017.

10 May 2022 , 1 Min Article

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Business environment

Jhoots secures £8m from HSBC to introduce hub and spoke

The independent chain will put the money towards an online prescription platform.

22 Apr 2022 , 1 Min Article

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Business environment

Boots parent may lose billions on sale of multiple

One potential buyer offered £3bn below asking price before abandoning its bid.

12 Apr 2022 , 1 Min Article

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Business environment

Lloyds parent completes transition to new owner after multi-million sale

We'll be more agile under new owners, says the head of McKesson UK as sale completes.

07 Apr 2022 , 1 Min Article

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Business environment

LloydsPharmacy posts losses of £100m after axing 76 stores

The multiple shrank its footprint further in 2020-21, but also saw strong growth in digital divisions.

07 Apr 2022 , 1 Min Article

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