Pharmacy business

Revenue from LloydsPharmacy’s online offering increases by more than 700% in one year  

LloydsDirect, the online pharmacy, saw a 731% growth in revenue in the 2020/2021 fiscal year.…

How to keep your community pharmacy running during the COVID-19 pandemic

How pharmacists can implement guidance and best practice in response to the rapidly changing COVID-19 pandemic to ensure patient and staff safety, as well as the approaches pharmacy teams across the UK are taking in response to the virus.…

McKesson reports 16% year-on-year increase in profit from European business

McKesson’s European business has reported a 16% year-on-year increase in its adjusted operating profit.…

LloydsPharmacy reports loss of £165m in ‘exceptionally challenging’ 2018/2019

LloydsPharmacy has reported a loss of £165m in 2018/2019 — £10m more than the deficit accrued in its previous financial year.…

Only 2% of female pharmacists own pharmacies despite making up 62% of the workforce, survey finds

Male pharmacists are more likely to own their own business compared to female colleagues, despite there being more women in the profession than men, according to the results of a Great Britain-wide workforce diversity survey.…

LloydsPharmacy parent company reveals 19% fall in quarterly profits

McKesson, the parent company of LloydsPharmacy, has reported an adjusted operating profit of US$43m in the past three months — 19% less than the profit made in the same financial quarter in 2018/2019.…

Category M prices to increase by £15m per month from August 2019, announces PSNC

Category M reimbursement prices are to increase by £15m a month from August 2019, the Pharmaceutical Services Negotiating Committee has announced following discussions with the Department of Health and Social Care.…

John Nuttall to retire as chief executive of Well Pharmacy

Well Pharmacy has announced that its chief executive, John Nuttall, will retire from the company in autumn 2019 after 17 years at the helm.…

Mark Bather named as managing director of Rowlands Pharmacy

Mark Bather has been appointed as Rowland Pharmacy’s new managing director, after joining the company in December 2018 as retail operations director.…

Business confidence in community pharmacy rises for second year since cuts announced, survey reveals

Business confidence among community pharmacists in England has risen for the second year in a row, according to the results of the annual Lloyds Bank Commercial Banking Healthcare Confidence Index.…