AUSTRALIAN Pharmaceutical Industries ceo Stephen Roche says Pharmacy Alliance/Independent Pharmacists of Australia Group has ?misrepresented the facts to its members? in the current dispute between the organisations. As revealed in Pharmacy Daily on Fri, the longstanding supply arrangement between API and Pharmacy Alliance/IPAG has broken down, with the group putting in place an alternative interim deal with Sigma and CHS while a tender process is under way (PD yesterday). In a statement late yesterday afternoon, API said it ?rejected allegations of improper behaviour made by the Pharmacy Alliance Group?. It also appears that API may use legal means to respond to Pharmacy Alliance?s threats to refer API?s behaviour to the ACCC, with Roche saying it was inappropriate to comment further ?as the matter is subject to potential legal redress by API?
API Price at posting:
28.5¢ Sentiment: Hold Disclosure: Held
