Pharmacybrands changes name as part of transformation into primary health services group

Pharmacybrands, which this week took a half-stake in nursing and healthcare provider Total Care Health Services, will rename itself as Green Cross Health as it moves to transform into an integrated primary healthcare services firm.

The Auckland-based company has largely been seen as a retail pharmacy operating the Unichem, Amcal, Life Pharmacy, Radius and Care Chemist brands and running 28 medical centres. This week it bought a 50 percent share of Total Care Health, its first expansion into the primary health care sector.

"Renaming our business Green Cross Health will more accurately reflect our growth as a group and our move to become an integrated primary health services provider," Pharmacy chief executive Grant Bai said in a statement. "We believe we're in a strong position to lead and innovate in the health and wellness conversation."

The shares rose 1.6 percent to $1.25 yesterday, and are unchanged this year.

BusinessDesk.co.nz

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

Fonterra appoints permanent COO
Manawa Energy FY24 Annual Results & Webcast Details
Seeka Provides the Results of Meeting - ASM
April 19th Morning Report
PGW Guidance Update
CNU - Commerce Commission releases draft expenditure decision
Spark announces departure of Product Director
TGG - T&G appoints new Director
April 18th Morning Report
SKC - APPOINTMENT OF CHIEF EXECUTIVE OFFICER