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$1.35 australian pharmaceutical industries limited

It's illegal for supermarkets to open pharmacies.

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Gillysrooms

9,304 Posts.

64

02/01/18

17:38

Post #: 29990426
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Originally posted by Mongrel ↑

I've often wondered why the supermarkets don't open up in-store pharmacies. I guess there is no real regulatory reason why not?

I suspect pharmacies really make their money on their non-prescription offerings. Its hard to see how a supermarket would get a big kick up in compulsive buying as one of their drivers is exactly that (and why bread and milk are always down the back!). Introducing another +20,000 (?) of products would have logistical costs.

I held API but sold out near its recent high, but looking to get back in if the SP falls a little further. Your questions on regulatory issues will have a direct affect on any decision to re-enter.

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It's illegal for supermarkets to open pharmacies.

API Price at posting: $1.68 Sentiment: Hold Disclosure: Not Held
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