China milks Aust dry

December 16, 2015

SUPERMARKET sales of infant formula have almost doubled over the last three years to $430 million, despite a declining local birth rate and no significant change in breastfeeding rates according to a report in today’s Financial Review. It’s believed that around 50% of the infant formula sold is being sent overseas to meet massive demand from China, with onsellers producing receipts from Coles or Woolworths to prove the formula is an authentic Australian product.

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Pharmacy Daily | China milks Aust dry

China milks Aust dry

Other recent headlines

WA group stocks vapes

Fujitsu to protect against cyber threats

PD breaking news – Queensland pharmacies scope of practice pilot expanded

SEARCH PHARMACY DAILY

Featured video

Recent issues

INDUSTRY JOB VACANCIES