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Amcal
Allied Master Chemists of Australia Limited (Amcal) is an Australian pharmacy retailer and was founded by Major General C. H. Simpson on 13 July 1937, starting a movement that was to greatly influence pharmacy in Australia. The founding group consisted of 11 pharmacists. The launch of Amcal to consumers was included personal letters to each household, window posters, a giveaway of a tablet of soap and a brochure entitled "Why this is an Amcal Pharmacy". Australia Originally Amcal was a buying group owned by the members who all had shares in the Amcal group. Amcal demutualised when Sigma Pharmaceuticals bought out the members shares in 2000 with the lure of more money and better centralised marketing. It is still a marketing group, however a franchise division of Amcal called Amcal Max is now marketing under a more competitive and compliant model. Between 2016 and 2017, some Amcal Pharmacies were converted to Terry White Chemmarts. There are now 223 Amcal pharmacies in Austral ...
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Sigma Pharmaceuticals
Sigma Healthcare Limited is an Australian, ASX-listed company SX:SIG with a focus on the pharmacy industry. In addition to its wholesale and distribution arms, Sigma Healthcare also owns Australian retail pharmacy brands: Amcal and Discount Drug Stores. Sigma Healthcare has pharmacy operations in retail, wholesale and distribution. From its head office in Rowville, Victoria, Sigma manages over 1,200 branded and independent pharmacies. The company also has a presence in the hospital pharmacy services, contract logistics, dose administration aids and other healthcare service adjacencies. History Sigma Co. Ltd was established in Melbourne in 1912, by Ernest Leete and Thomas Church, with the endorsement of the South Suburban Chemists’ Association. The impetus for such a move was driven by the high costs of wholesale drugs and medicines at the time, and Leete and Church set about manufacturing their own products for sale exclusively by members of the association. Established a ...
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Australia
Australia, officially the Commonwealth of Australia, is a Sovereign state, sovereign country comprising the mainland of the Australia (continent), Australian continent, the island of Tasmania, and numerous List of islands of Australia, smaller islands. With an area of , Australia is the largest country by area in Oceania and the world's List of countries and dependencies by area, sixth-largest country. Australia is the oldest, flattest, and driest inhabited continent, with the least fertile soils. It is a Megadiverse countries, megadiverse country, and its size gives it a wide variety of landscapes and climates, with Deserts of Australia, deserts in the centre, tropical Forests of Australia, rainforests in the north-east, and List of mountains in Australia, mountain ranges in the south-east. The ancestors of Aboriginal Australians began arriving from south east Asia approximately Early human migrations#Nearby Oceania, 65,000 years ago, during the Last Glacial Period, last i ...
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Retailers' Cooperative
A retailers' cooperative is a type of cooperative which employs economies of scale on behalf of its retailer members. Retailers' cooperatives use their purchasing power to acquire discounts from manufacturers and often share marketing expenses. A retailers' cooperative is essentially a group of independently owned businesses that pool their resources to purchase in bulk, usually by establishing a central buying organization, and engage in joint promotion efforts. It is common for locally owned grocery stores, hardware stores, and pharmacies to participate in retailers' cooperatives. A consumers' cooperative, sometimes referred to as a retail cooperative, should be distinguished from a retailers' cooperative. Governance and operation Retailers' cooperatives are governed by democratic member control, which generally means one vote per member. Some firms, such as E. Leclerc, are able to make decisions in this fashion, with each member business only receiving one vote. For many retail ...
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Demutualization
Demutualization is the process by which a customer-owned mutual organization (''mutual'') or co-operative changes legal form to a joint stock company. It is sometimes called stocking or privatization. As part of the demutualization process, members of a mutual usually receive a "windfall" payout, in the form of shares in the successor company, a cash payment, or a mixture of both. Mutualization or mutualisation is the opposite process, wherein a shareholder-owned company is converted into a mutual organization, typically through takeover by an existing mutual organization. Furthermore, re-mutualization depicts the process of aligning or refreshing the interest and objectives of the members of the mutual society. The mutual traditionally raises capital from its customer members in order to provide services to them (for example building societies, where members' savings enable the provision of mortgages to members). It redistributes some profits to its members. By contrast, a joint ...
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Terry White Chemmart
TerryWhite Chemmart is an Australian pharmacy retailer owned by the Terry White Group. It is considered to be the largest pharmacy chain in Australia. History Terry and Rhonda White opened their first pharmacy in Woody Point, Queensland, in 1959. Their network of owned pharmacies grew steadily over the years. In 1994, they established a pharmacy franchise in Australia. The Terry White Chemists franchise network continued to grow over the next 11 years. This took the total number of franchised pharmacies within the Terry White Group to 225. In August 2016, the Terry White Group announced a merger with Chemmart, which created a pharmacy chain with over 500 stores nationally and an annual turnover of A$2 billion. All stores have since been rebranded under the new combined chain with a new name, logo and branding. Since the merger, TerryWhite Chemmart is now the largest pharmacy group in Australia. References {{reflist External links Website Retail companies established in 19 ...
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Chain Store
A chain store or retail chain is a retail outlet in which several locations share a brand, central management and standardized business practices. They have come to dominate the retail and dining markets and many service categories, in many parts of the world. A franchise retail establishment is one form of chain store. In 2005, the world's largest retail chain, Walmart, became the world's largest corporation based on gross sales. History In 1792, Henry Walton Smith and his wife Anna established W.H. Smith as a news vending business in London that would become a national concern in the mid-19th century under the management of their grandson William Henry Smith. The world's oldest national retail chain, the firm took advantage of the railway boom during the Industrial Revolution by opening news-stands at railway stations beginning in 1848. The firm, now called WHSmith, had more than 1,400 locations as of 2017. In the U.S., chain stores likely began with J. Stiner & Company, ...
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Marketing
Marketing is the process of exploring, creating, and delivering value to meet the needs of a target market in terms of goods and services; potentially including selection of a target audience; selection of certain attributes or themes to emphasize in advertising; operation of advertising campaigns; attendance at trade shows and public events; design of products and packaging attractive to buyers; defining the terms of sale, such as price, discounts, warranty, and return policy; product placement in media or with people believed to influence the buying habits of others; agreements with retailers, wholesale distributors, or resellers; and attempts to create awareness of, loyalty to, and positive feelings about a brand. Marketing is typically done by the seller, typically a retailer or manufacturer. Sometimes tasks are contracted to a dedicated marketing firm or advertising agency. More rarely, a trade association or government agency (such as the Agricultural Marketing Servic ...
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Pharmacybrands
Green Cross Health is a provider of primary health care services around New Zealand, including pharmacies and medical clinics. It is based in Ellerslie, Auckland. The company is publicly listed on the New Zealand Stock Exchange (NZX : GXH). As well as providing support to 345 Life and Unichem pharmacies throughout New Zealand (with equity in around a quarter of them), Green Cross Health also has a Medical Division. The Medical Division provides complete family healthcare services through GP and accident and medical centers, with most operating under The Doctors brand. The company has 61 medical centres throughout New Zealand. In February 2023, Green Cross struck a deal to sell its Access Community Health business to Anchorage Capital Partners for . Brands Unichem Unichem is a pharmacy franchise selling a range of medications, skincare, cosmetics, gifts and other products. It has 287 stores, including 111 in Auckland. The Unichem brand was first launched in 1981. Life Pha ...
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Health Services Companies Of Australia
Health, according to the World Health Organization, is "a state of complete physical, mental and social well-being and not merely the absence of disease and infirmity".World Health Organization. (2006)''Constitution of the World Health Organization''– ''Basic Documents'', Forty-fifth edition, Supplement, October 2006. A variety of definitions have been used for different purposes over time. Health can be promoted by encouraging healthful activities, such as regular physical exercise and adequate sleep, and by reducing or avoiding unhealthful activities or situations, such as smoking or excessive stress. Some factors affecting health are due to individual choices, such as whether to engage in a high-risk behavior, while others are due to structural causes, such as whether the society is arranged in a way that makes it easier or harder for people to get necessary healthcare services. Still, other factors are beyond both individual and group choices, such as genetic disorders. ...
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Pharmacies Of Australia
Pharmacy is the science and practice of discovering, producing, preparing, dispensing, reviewing and monitoring medications, aiming to ensure the safe, effective, and affordable use of medicines. It is a miscellaneous science as it links health sciences with pharmaceutical sciences and natural sciences. The professional practice is becoming more clinically oriented as most of the drugs are now manufactured by pharmaceutical industries. Based on the setting, pharmacy practice is either classified as community or institutional pharmacy. Providing direct patient care in the community of institutional pharmacies is considered clinical pharmacy. The scope of pharmacy practice includes more traditional roles such as compounding and dispensing of medications. It also includes more modern services related to health care including clinical services, reviewing medications for safety and efficacy, and providing drug information. Pharmacists, therefore, are experts on drug therapy and are ...
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Pharmaceutical Companies Of Australia
A medication (also called medicament, medicine, pharmaceutical drug, medicinal drug or simply drug) is a drug used to diagnose, cure, treat, or prevent disease. Drug therapy (pharmacotherapy) is an important part of the medical field and relies on the science of pharmacology for continual advancement and on pharmacy for appropriate management. Drugs are classified in multiple ways. One of the key divisions is by level of control, which distinguishes prescription drugs (those that a pharmacist dispenses only on the order of a physician, physician assistant, or qualified nurse) from over-the-counter drugs (those that consumers can order for themselves). Another key distinction is between traditional small molecule drugs, usually derived from chemical synthesis, and biopharmaceuticals, which include recombinant proteins, vaccines, blood products used therapeutically (such as IVIG), gene therapy, monoclonal antibodies and cell therapy (for instance, stem cell therapies). Other ...
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