SIGMA Healthcare this morning confirmed an agreement with Chemist Warehouse in the long-running dispute over their supply deal (PD breaking news).
First flagged five months ago (PD 24 May), Sigma had warned the disagreement could hit its bottom line by as much as $10 million.
Chemist Warehouse had flagged its intention to acquire some products from an alternative wholesaler, and Sigma took legal action saying it was a breach of the group's supplier agreement.
Mediation ensued (PD 26 Jul) and today announced a settlement which includes an undertaking by Chemist Warehouse/My Chemist "not to pursue the procurement of products from another CSO wholesaler for the remaining term of the agreement".
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