Home | Business News | Browse by Publication | C | Community Pharmacy

YEAR END REVIEW: Howzat?

Publication: Community Pharmacy
Publication Date: 08-DEC-05
Format: Online
Delivery: Immediate Online Access
Full Article Title: YEAR END REVIEW: Howzat?(ASDA Group PLC. opened new 3 pharmacies)(Amlodipine entered into M Category of the Drug Tariff)(Department of Health contracts)

Article Excerpt
Pharmacy's had a testing year. Here we review the highs and lows of the past 12 months. Compiled by Ailsa Colquhoun

In the first half

On the downside...

* GSK angered pharmacists north and south of the border with its revised discount scheme. Despite the company's protestations that the scheme would be profit neutral for pharmacists, Scotland accused GSK of putting an almighty spanner in the works of its new contract negotiations, and later in the year, ended up having to reduce the `clawback' scale, as a result.

* Less than 24 hours after the start of the new pharmacy contract, Asda announced plans to open three 100-hour pharmacies, beating Boots and Sainsbury's by less than three months.

* Amlodipine made a brief debut in the new M Category of the Drug Tariff but was quickly moved out again, as contractors convinced the Department of Health that the new price for the drug was unrealistic. It was not to reappear in Category M until much later on in the year. Up to 71 per cent price cuts on simvastatin contributed to fears that the new quarterly pricing mechanism would lead to significant market volatility.

* Pharmacists also watched with growing concern as plans unfolded to switch to the new home oxygen therapy service. As the new suppliers were announced, BOC turned up the pressure by asking for, in some places, substantial financial recompense for lost or damaged cylinders.

And on the up...

*...

Read the FULL article now - Try Goliath Business News - FREE!   
You can view this article PLUS...

  • Over 5 million business articles
  • Hundreds of the most trusted magazines, newswires, and journals (see list)
  • Premium business information that is timely and relevant
  • Unlimited Access

Now for a Limited Time, try Goliath Business News - Free for 3 Days!
Tell Me More   Terms and Conditions

Get Goliath Business News for 1 year - Just $99 (Save 65%)
Tell Me More   Terms and Conditions

Already a subscriber? Log in to view full article



More articles from Community Pharmacy
2005's top 10.(drugs sales report )(Brief Article), December 08, 2005
Grocery market (+7.1 per cent).(drug sales)(Brief Article), December 08, 2005
OTC aciclovir creams vary.(research on over the counter drug aciclovir..., December 08, 2005
Heat device takes sting away.(Bite-Away thermal device for the treatme..., December 08, 2005
Hotting up for Christmas.(Hotties Back-Wrap from Hotties Thermal Packs..., December 08, 2005

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.