CHEMIST Warehouse says much of the extensive regulation of pharmacy in Australia has had the effect of raising costs for consumers, preventing innovation in the industry and curtailing investment.
In the CWH submission to the Review of Pharmacy Remuneration and Regulation, the group contends that the "heavy-handed regulation" imposed on the industry could threaten its long-term viability.
Chemist Warehouse's submission also includes a report from Deloitte Access Economics on the current distribution of retail pharmacies, which concludes that the current ownership and location rules are counter-productive, distort the market and are ineffective in achieving their objectives.
To see the document CLICK HERE.
The above article was sent to subscribers in Pharmacy Daily's issue from 12 Oct 16
To see the full newsletter, see the embedded issue below or CLICK HERE to download Pharmacy Daily from 12 Oct 16
