Is API a Priceline?

Is API a Priceline?

Juggernaut Aussie conglomerate Wesfarmers has announced it will acquire Australian Pharmaceutical Industries Limited (API), the parent company of well-known household brands Priceline and Soul Pattinson Chemists..

What is API company?

The active pharmaceutical ingredient (API) is the part of any drug that produces the intended effects. Production of APIs has traditionally been done by the pharmaceutical companies themselves in their home countries. But in recent years many corporations have opted to send manufacturing overseas to cut costs.

Who is API Australia?

Australian Pharmaceutical Industries Limited (API) is one of Australia’s leading pharmaceutical distributors and fastest growing health and beauty retailers. API is the parent company of Priceline Pharmacy, Soul Pattinson Chemist and Pharmacist Advice.

What is API Dandenong?

API is Australia’s largest wholesale distributor of pharmaceutical and allied products. The company is involved in retailing through company-owned stores and franchise operations.

What companies do API own?

API operates the following brands:

• Priceline & Priceline Pharmacy.
• Clear Skincare.
• Soul Pattinson Chemist.
• Pharmacist Advice.
• Club Premium.
• Pharmacy Best Buys.

Who owns Australian Pharmaceutical Industries?

Soul Pattinson and Company Limited is the largest shareholder with 19% of shares outstanding. First Sentier Investors (Australia) IM Ltd is the second largest shareholder owning 6.2% of common stock, and Dimensional Fund Advisors L.P. holds about 3.6% of the company stock.

What is API product in pharmaceutical?

“active pharmaceutical ingredient (API) Any substance or combination of substances used in a finished pharmaceutical product (FPP), intended to furnish pharmacological activity or to otherwise have direct effect in the diagnosis, cure, mitigation, treatment or prevention of disease, or to have direct effect in …

What are API companies in pharma?

Some of the major API players in India include Divi’s Laboratories, Aarti Drugs, Neuland Laboratories, Solara Active Pharma, Granules India etc.

Who owns Priceline Pharmacy?

New Price Retail Pty Ltd
Australian Pharmaceutical Industries
Priceline (Australia)/Parent organizations

Who owns Chemist Warehouse?

founder Jack Gance
Chemist Warehouse founder Jack Gance is Australian retailing royalty, with a personal wealth of $319M. Listen in as he reveals how he (and other family members) have built the empire.

Who owns chemist?

Mario Verrocchi –
Mario Verrocchi – Owner – My Chemist/Chemist Warehouse Group | LinkedIn.

What is meant by active pharmaceutical ingredient?

“active pharmaceutical ingredient (API) A substance used in a finished pharmaceutical product (FPP), intended to furnish pharmacological activity or to otherwise have direct effect in the diagnosis, cure, mitigation, treatment or prevention of disease, or to have direct effect in restoring, correcting or modifying …

Who are the major manufacturers of API products?

Other industry giants are Pfizer, Novartis, Sanofi, Boehringer Ingelheim, and Bristol-Meyers Squibb. Each of these companies specializes in different APIs, with some offering generic products as well.

What is an active pharmaceutical ingredient ( API ) in a drug?

Violetta Shamilova, PharmD on August 19, 2020 The active pharmaceutical ingredient (API) is the part of any drug that produces the intended effects. Some drugs, such as combination therapies, have multiple active ingredients to treat different symptoms or act in different ways.

What are the API jobs in Brisbane CBD?

API & MicroServices Developer required to deliver key API objectives for a major client based in Brisbane CBD. Design, build and maintain test cases that verify API stability and purpose for our customers and client applications.