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Business news

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‘High dispensing’ pharmacy in affluent village sold to London friends

College friends snap up Lightwater Pharmacy, a 10k items business in Surrey

25 Oct 2024

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Jhoots store in Kent reopens after second bailiff notice

Rainham Jhoots branch reopens after new location and a second bailiff notice

25 Oct 2024

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New regulations allow medicines manufacture at point of care

New regulations mean that products with a very short shelf life, and personalised medicines such as gene therapy, can more easily be made in or near a hospital setting

22 Oct 2024

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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

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Boots reports 10% rise in pharmacy sales as US parent culls stores

Another strong quarter for Boots – but US partner company planning major cull

17 Oct 2024

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Broad welcome for freeze in Pharmacy First thresholds until year end

The changes at least indicate ministers are taking a more pragmatic approach to Pharmacy First payment thresholds, says CPE.

15 Oct 2024

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Could Labour spark a 'pharmacy exodus’ with capital gains tax hike?

A Pharmacy Show panel zooms in on financial pain points

14 Oct 2024

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Regional chain acquires 10th pharmacy with acquisition in Worcestershire

Raylane Ltd, which operates in the West Midlands, Worcestershire, Gloucestershire and Staffordshire, bought Evans Pharmacy.

11 Oct 2024

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Father and son buy pharmacy in Birmingham after owner retires

Ian and Jas Riaar bought Wards Chemist in the village of Handsworth Wood in North Birmingham.

10 Oct 2024

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Welsh 23k item group of pharmacies sold after lease difficulties resolved

Group owner sells to husband and wife team after 30 years in business

10 Oct 2024

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Resilient pharmacies in high demand despite margin pressures, says broker

Appetite strong for 'those businesses that can weather the storm' says property company

09 Oct 2024

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Streeting ‘refusing to meet’ drugs manufacturers says predecessor

Former health secretary Victoria Atkins claims Streeting won't meet with life sciences sector

08 Oct 2024

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CCA hits out at delay to hub-and-spoke legislation

The CCA criticises DHSC as it warns legislation to enable hub-and-spoke dispensing will not come into effect in January 2025 as originally proposed.

01 Oct 2024

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Scottish pharmacies get £13m funding boost in ‘long-awaited’ deal

Drug Tariff funding to rise by £10m as part of delayed funding settlement.

30 Sep 2024

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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

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Boots parent coughs up £80m to US government to settle fraud allegations

Two whistleblowers to receive payouts as Walgreens agrees to settle federal case.

17 Sep 2024

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