Sigma, Chemist Warehouse sign monster deal

Sigma Pharmaceuticals has signed a long-term contract with the My Chemist/Chemist Warehouse group.

In a statement lodged with the ASX, Sigma says the contract is already in effect.

It is by far the company’s largest contract in terms of wholesaling and cements the existing relationship for a further three years. There is an exclusive option to extend the deal for a further three years.

“The agreement also delivers a further reduction in payment terms to better align the agreement with Sigma’s trading objectives,” the company says.

Sigma Managing Director and