Guild argues against corporate pharmacy model

Deregulation of the Australian pharmacy sector would lead to the proliferation of “corporate” models of practice, the Pharmacy Guild of Australia believes. 

In its submission to the Federal Government’s national competition policy review, the Guild says this high volume/low margin approach would focus on profitability and maximising shareholder value at the expense of independent community pharmacies.

“This model is particularly unsuitable to the practice of pharmacy because the need to decrease costs would put pressure on less profitable parts of pharmacy practice, in