Green Cross bemoans discounting of govt prescription charge

Tue, 30 Jul 2019

By Jenny Ruth July 30 (BusinessDesk) - Green Cross Health says it has had to sacrifice margin to combat increased discounting by “some large foreign retailers,” particularly of the government-mandated charge for prescriptions. Chair Peter Merton will tell the annual shareholders’ meeting later today that over the last few years the company, which owns the 360-store Unichem and Life pharmacy franchised brands, 41 medical centres and provides home-based community health services, employing more than 3,000 support workers, has put its market...

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