Woolworths eyes pharmacy tilt

Retailer mulling move into $16bn pharmacy market, despite govt lock-out.

Woolworths (WOW) has lodged an application with IP Australia to register the trademark "Pharmacy-in-Supermarket," The Australian Financial Review reports.

According to the newspaper, the move may signal that the retail giant is still eyeing ways to enter the $16 billion pharmacy market, despite a government policy has that locked out major retailers since 1990.

A previous application has lapsed.

The AFR reports the trademark extends to six classes of goods and services, and includes the sale of pharmaceutical and medical products provided by pharmacists.