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A shot in the arm for pharmacy

There has been a flurry of activity in US and UK pharmacies, as chains capitalise on millennial digitisation and ageing boomers become the ‘front door’ for healthcare and patient care. The number of pharmacies is increasing in many Western markets, as is the expenditure on healthcare. In Australia, a 2018 Bankwest report on the pharmacy sector pegged annual healthcare expenditure growth at 9.5 per cent between 2007 and 2017. An ageing demographic also means an increase in chronic diseases. A