Pharmacy Daily | Sigma CW supply contract

AMID yesterday's Amcal brand refresh announcement (see page one), parent company Sigma Healthcare is also readying for the 01 Jul start of its wholesale supply contract with Chemist Warehouse Group, worth at least $3 billion in revenue in the first full year (PD 06 Jun 2023). "I don't need to conclude the potential merger to get the Chemist Warehouse volume as we already have the supply contract for the group starting soon," Sigma's CEO Vikesh Ramsunder told Pharmacy Daily. Sigma was awarded the Chemist Warehouse supply contract last year for both Pharmaceutical Benefits Scheme medicines and Fast Moving Consumer Goods products for a period of five years. "The contract allows us to leverage our highly automated distribution centres and latent spare capacity after multiple years of investment," he said. Ramsunder added that the COVID time supply shortages are no longer an issue as "we are really only switching wholesale volume to us, so the supply will have the same amount of stock in the country, with the only difference being it will now sit in the Sigma warehouses rather than in the competitor's". JG

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