Australian Pharmaceutical Industries Ltd

Type: Company
Name: Australian Pharmaceutical Industries Ltd
First reported Apr 22 2014 - Updated Apr 22 2014 - 1 reports

These 2 pharmaceuticals look set to roll

Reforms to the Pharmaceutical Benefits Scheme (PBS) have had a large impact on the financial performance of pharmaceuticals over the last couple of years, however conditions are now easing, offering opportunities in a demographically favourable secto ... [Published NineMSN Finance - Apr 22 2014]
First reported Apr 21 2014 - Updated Apr 21 2014 - 1 reports

Stocks to watch on Tuesday

Stocks to watch on the Australian stock exchange on Tuesday, April 22API - AUSTRALIAN PHARMACEUTICAL INDUSTRIES - steady at 56.5 centsAustralian Pharmaceutical Industries is writing down the value of some of its assets by $131 million.DSH - DICK SMITH ... [Published WA Today - Apr 21 2014]
First reported Apr 17 2014 - Updated Apr 17 2014 - 3 reports

Pharmacy operator to take $131m hit

Australian Pharmaceutical Industries is writing down the value of some of its assets by $131 million.The owner of the Priceline, Soul Pattinson and Pharmacist Advice brands says the one-off ... ... [Published Big News Network - Apr 17 2014]
First reported Apr 17 2014 - Updated Apr 17 2014 - 1 reports

Bad debts force Australian Pharmaceutical Industries write-down

The company behind the Priceline and Soul Pattinson brands has issued a savage write-down - equivalent to half the size of its market capitalisation - after its struggling pharmacy customers failed to pay back loans.The one-off $131 million impairment ... [Published Brisbane Times - Apr 17 2014]
First reported Apr 17 2014 - Updated Apr 17 2014 - 1 reports

Market Wrap: Aus shares close 0.63% higher

(06:02) Aus shares close 0.63% higher. Australian Pharmaceutical Industries Limited (ASX:API) write down $131M worth of assets. 17/ ... [Published Sydney Morning Herald - Apr 17 2014]
First reported Apr 16 2014 - Updated Apr 17 2014 - 1 reports

Stocks to watch at close on Wednesday

Stocks to watch on the Australian stock exchange at the close on Wednesday:ALZ - AUSTRALAND PROPERTY GROUP - steady at $4.25Property developer Australand is preparing for a possible takeover from fellow developer Stockland.API - AUSTRALIAN PHARMACEUTICAL ... [Published WA Today - Apr 16 2014]
First reported Apr 17 2014 - Updated Apr 17 2014 - 2 reports

Stocks to watch at close on Thursday (AAP)

Stocks to watch on the Australian stock exchange at the close on Thursday:API - AUSTRALIAN PHARMACEUTICAL INDUSTRIES - steady at 56.5 centsAustralian Pharmaceutical Industries is writing down the value of some of its assets by $131 million.DSH - DICK ... [Published Yahoo! News Australia - Apr 17 2014]
First reported Apr 16 2014 - Updated Apr 16 2014 - 1 reports

Ashurst: Briefing note for the Australian Pharmaceutical Industry - ACCC v Pfizer Australia & other updates

Briefing note for the Australian Pharmaceutical Industry - ACCC v Pfizer Australia & other updatesAshurstApril 16, 201426 pages ... [Published MyCorporateResource.com - Apr 16 2014]
First reported Apr 16 2014 - Updated Apr 16 2014 - 2 reports

API shares suspended

Shares in Australian Pharmaceutical Industries have been suspended from trade while the drugs distributor and pharmacies operator assesses the carrying value of its assets."The suspension is necessary as API is continuing to make an assessment of the ... [Published Business Spectator - Apr 16 2014]
First reported Apr 16 2014 - Updated Apr 16 2014 - 1 reports

Stocks to watch at noon on Wednesday (AAP)

Stocks to watch on the Australian stock exchange at noon on Wednesday:ALZ - AUSTRALAND PROPERTY GROUP - steady, at $4.25Australand says it has no received no proposal from major shareholder Stockland about a potential takeover.API - AUSTRALIAN PHARMACEUTICAL ... [Published West Australian - Apr 16 2014]
First reported Apr 14 2014 - Updated Apr 15 2014 - 3 reports

Analysts expect wholesaler API to write down asset value

Drug wholesaler Australian Pharmaceutical Industries (API) is tipped to reveal a write-down on the value of its assets. The company's stock was placed in a trading halt on 14 April 2014. Analysts believe API will announce that bad debts among its pharmacy ... [Published Individual.com - Apr 15 2014]
First reported Mar 26 2014 - Updated Mar 26 2014 - 2 reports

Sigma swallows rival to lead market

Sigma Pharmaceuticals, supplier to pharmacy chains Chemist's Warehouse, Guardian and Amcal, has announced the acquisition of Central Healthcare for $A24.5m. Sigma CEO Mark Hooper says adding the competitor lifts Sigma's market share from 32% to 35%, cementing ... [Published Individual.com - Mar 26 2014]

Quotes

"The bad old days of the race to the bottom on price are well and truly behind us and that's been the fundamental change of the industry in response to all these other pressures that they are under."
"Priceline and Priceline Pharmacy recorded reported sales growth of 11.5 per cent, with comparable retail sales growth of 5.3 per cent" chief executive Stephen Roche said
"Given current prevailing circumstances and as part of standard practice, the assessment of carrying values of a number of our assets has required a detailed review" API Chairman, Mr Peter Robinson said
"The suspension is necessary as API is continuing to make an assessment of the carrying value of its assets, as part of the process of finalising its half year results scheduled to be released on 30 April, 2014" the company said in a statement this morning

More Content

All (32) | News (32) | Reports (0) | Blogs (0) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
sort by: Date | Relevance
These 2 pharmaceuticals look set to roll [Published NineMSN Finance - Apr 22 2014]
Stocks to watch on Tuesday [Published WA Today - Apr 21 2014]
Pharmacy operator to take $131m hit [Published Big News Network - Apr 17 2014]
Bad debts force Australian Pharmaceutical Indus... [Published Brisbane Times - Apr 17 2014]
Market Wrap: Aus shares close 0.63% higher [Published Sydney Morning Herald - Apr 17 2014]
Stocks to watch at close on Thursday (AAP) [Published Yahoo! News Australia - Apr 17 2014]
Stocks to watch at noon on Thursday (AAP) [Published West Australian - Apr 17 2014]
Pharmacy operator to take $131m hit [Published Special Broadcasting Service - Apr 17 2014]
AUSTRALIAN PHARMACEUTICAL : Market update – car... [Published 4 Traders - Apr 17 2014]
Ashurst: Briefing note for the Australian Pha... [Published MyCorporateResource.com - Apr 16 2014]
Stocks to watch at close on Wednesday [Published WA Today - Apr 16 2014]
Markets Live: Miners rally on China data [Published Melbourne Age - Apr 16 2014]
Stocks to watch at noon on Wednesday (AAP) [Published West Australian - Apr 16 2014]
API shares suspended [Published Business Spectator - Apr 16 2014]
Pharmacy shares suspended from trade [Published Herald Sun - Apr 16 2014]
Australian market set to open higher (AAP) [Published West Australian - Apr 15 2014]
Analysts expect wholesaler API to write down as... [Published Individual.com - Apr 15 2014]
Write-down looms over Australian Pharmaceutical... [Published Brisbane Times - Apr 14 2014]
API may lower distribution unit goodwill [Published Business Spectator - Apr 14 2014]
Stocks to watch at noon on Monday (AAP) [Published West Australian - Apr 14 2014]
API in trading halt [Published NineMSN Finance - Apr 14 2014]
Final draft Australian Pharmaceutical Patents R... [Published Lexology - Apr 10 2014]
Clinical Trials and Tribulations: Need for a Pa... [Published Applied Clinical Trials - Apr 09 2014]
Sigma swallows rival to lead market [Published Individual.com - Mar 26 2014]
Central acquisition boosted wholesale business,... [Published Topnews.in - Mar 26 2014]
Sigma says Central Healthcare acquisition stren... [Published WA Today - Mar 26 2014]
GMiA welcomes the release of Australian Pharmac... [Published Pharma Letter - Mar 25 2014]
3 safe dividend stocks that will grow as the po... [Published Motley Fool - Mar 22 2014]
Latest Australian PBS Listings include medicine... [Published Pharma Letter - Mar 19 2014]
Latest Australian PBS Listings include medicine... [Published BioPortfolio - Mar 19 2014]
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