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McPherson’s Completes Major Pharmacy Wholesaler Deal, Shifts $15-20M Revenue Stream
9:04am on Friday 15th of August, 2025 AEST
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Consumer Staples
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McPherson’s Completes Major Pharmacy Wholesaler Deal, Shifts $15-20M Revenue Stream
9:04am on Friday 15th of August, 2025 AEST
Key Points
New pharmacy wholesaler agreement signed with API Services Australia
Completion of contracting all major wholesalers under new operating model
Annual revenue of $15-20 million transitioning from direct-to-store to wholesale
Strategic shift aims to streamline distribution and potentially improve efficiency
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