Pharmaceutical overload

Deregulation has seen the pharmacy market undergo major changes, but has that now led to a glut?

7th July, 2007

Deregulation has seen the pharmacy market undergo major changes, but has that now led to a glut?

Pharmacies once seemed to be the most bankable of businesses, thanks to restrictions on new openings, high drug prices and limited competition from international chains.

But with the deregulation of the sector, the market has changed dramatically in the past five years. More than 200 new pharmacies have opened since 2002, and a bigger proportion of stores are...

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