Category: Australian Pharmaceutical Industries

Australian Clinicans Not Declaring Conflict of Interest For Pharma Funded Studies: Experts

Researchers from the University of Sydney have called for “more transparency” after their review has revealed that nearly half of 120 pharmaceutical trials had missing or omitted declarations of conflict of interest (COI). “Disclosures are crucial to keeping research transparent,” said co-author Assoc. Prof. Barbara Mintzes from the University of Sydney. Conflicts of interest in…


Wesfarmers Lobs $687M Takeover Bid for Australian Pharmaceutical Retail Group

Retail and hardware conglomerate Wesfarmers has lobbed a $687 million surprise takeover bid for Australian Pharmaceutical Industries, which owns the 420-strong retail chain Priceline Pharmacy. The bid was announced on July 12 and includes an 18.7 to 20.5 percent premium on the share price of the group. API’s executive board noted (pdf) that its portfolio—including…