Pharmacy Daily | New Pharma

The Pharmacy Guild of Australia has recently released a video online at www.newpharma.org.au which takes you on a tour of the New Pharma diagnostic tool developed by the Guild in 2011. The New Pharma program has been designed by industry experts and successful pharmacy proprietors for potential pharmacy owners. The online program looks at three different routes to pharmacy ownership: • Buying a pharmacy outright; • Buying a shareholding in a pharmacy; and • Progressively buying out existing owners With development partners RSM Bird Cameron and Meridian Lawyers, the Guild developed New Pharma with Zenbuu Pty Ltd (also the Guild’s partner in the Good Pharma project). New Pharma was inspired by the work of the late Judy Liauw, President of the Guild’s Tasmanian Branch and Guild National Councillor, as well as chair of the former Women and Young Pharmacists’ Committee. New Pharma is the realisation of Judy’s desire to provide access to the right information in a simple and logical format for all young pharmacists considering ownership. The Guild hopes that the development of New Pharma will see many more pharmacists become owners and prevent situations where young pharmacists are attracted into partnerships where they have little equity or influence in the business. Subscriptions to New Pharma can be made online at http:// www.newpharma.org.au/.

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