Further hits to wholesaler trading terms predicted

Australia’s pharmaceutical wholesalers face a bleak period over the next few years as a range of adverse events, including possible Pfizer Direct-like schemes, take their toll, a new report predicts.

Analysts predict community pharmacy could experience ongoing cuts to delivery frequency and financing terms as wholesalers combat prevailing economic conditions.    

Pharmaceutical Wholesaling in Australia: Market Research Report, released by analyst IBISWorld late last month, says industry revenue is due to fall by 3.8% in 2014/15, with overall