AFT Pharmaceuticals reports FY17 loss but sees return to profit on the horizon
By Rebecca Howard May 24 (BusinessDesk) - AFT Pharmaceuticals, which manufactures the Maxigesic painkiller, reported a full-year loss in the year to March 31 but expects to significantly narrow those deficits this year and return to profitability in the 2018/19 period. The...
Macquarie lifts F&P Healthcare price target by 7.3%
By Rebecca Howard May 23 (BusinessDesk) - Macquarie Group lifted its 12-month target price on Fisher & Paykel Healthcare by 7.3 percent and kept its 'outperform' rating after the company's full-year revenue growth beat expectations and as a weaker New Zealand dollar weighs in...
Ebos to buy Australia's HPS for A$154 million, expanding pharmacy footprint
By Rebecca Howard May 23 (BusinessDesk) - Ebos Group, the pharmaceutical and animal health products maker, has entered a binding agreement to acquire HPS, Australia’s largest provider of outsourced pharmacy services to hospitals, for A$154 million. The acquisition is expec...
Final days of Trans Tasman Resources hearing underway
By Rebecca Howard May 22 (BusinessDesk) - The final days of the hearing to determine whether Trans Tasman Resources gets a green light to mine iron sands from the ocean floor in New Zealand's Exclusive Economic Zone kicked off in Wellington. The hearing marks the second ti...
Prev
