Medicine just the tonic for Woolworths' growth

The $16 billion pharmaceutical industry has been protected from supermarket competition but that may change in 2015. Woolworths sees a big opportunity.

Australia’s pharmacists could be excused for feeling a little sick. After spending months petitioning against changes to the Pharmaceutical Benefits Scheme and enduring tough retail conditions, the spectre of supermarket behemoths raiding their patch has raised its head again.

Retailing number one Woolworths has applied anew to register its “Pharmacy-in-Supermarket” trademark, which includes sale of pharmaceutical and medical products provided by pharmacists.


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