The community pharmacy economic model is broken, says Celesio UK’s managing director Cormac Tobin.
Over eighteen months ago we learnt of the imposition of draconian cuts to the global sum. An inevitable – desired, even – outcome of this is surely community pharmacy closures?
When the news became public, a profession not known for its activism mobilised forces and galvanised the public to consider its plight; two million signatures demonstrated the public support for our industry. Despite challenge in the courts the cuts were imposed and then it went quiet…
Celesio’s place in the pharmacy market is pretty unique given our national LloydsPharmacy network, as well as independent customers through AAH and our Careway partnership model. I know what is happening at the coalface and, let me tell you, whether you have 1,000 outlets or two, the view is the same; the community pharmacy economic model is broken.