Primary Pan payout

August 22, 2011

PRIMARY Healthcare today disclosed $9.38 million in extra corporate revenue as a result of its “net litigation proceeds” from the Pan Pharmaceuticals class action. The company’s results for the year to 30 Jun saw a 41% dive in net profit after tax, with an overall figure of $78.3 million. Primary said the figure was affected by significant government funding reductions over the last two years, as well as periods of “below normal patient demand” for both GP and diagnostic services.

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Pharmacy Daily | Primary Pan payout

Primary Pan payout

Other recent headlines

Mayne pushes Sun Pharma

Unscripted alcohol debate

LTR secures millions in capital raise

SEARCH PHARMACY DAILY

Featured video

Recent issues

INDUSTRY JOB VACANCIES