Pharmacy in Kings Market is the most expensive in Australia
The Kings Market pharmacy is the highest priced in the CBD, according to data from pharmacy consultant Kings Market.
The Kings market pharmacy has the highest price for prescription drugs in the state at $8,988, compared to $2,737 for the King Market in the inner city and $2 and $3 per prescription respectively.
Kings Market was established in 2012, while the King Street Pharmacy opened in March.
KingsMarket said the Kings Market Pharmacy had the highest average per-capita income for the year ending March 2018 at $6,700, while King Street’s average per capita income was $4,600.
Pharmacies with the highest median income per capita were Kings Market, King Street and Pharmacy of King Street.
Pharmacy industry experts have said the average prices of prescription drugs have increased because of a boom in competition and competition is driven by a number of factors, including the cost of supply and the demand for medication.
Pharmacists at the KingsMarket pharmacy say the pharmacy has been the most cost effective.
Pharmacist David White said the pharmacy was the cheapest in the city of Melbourne and the largest pharmacy in the country.
“It’s a fantastic facility, with the best equipment, the best pharmacy and the most advanced pharmacists in the nation,” he said.
Pharmacist Steve Smith said he was not surprised to see the price of drugs in King Street pharmacy rising so much. “
There’s nothing like it in the world.”
Pharmacist Steve Smith said he was not surprised to see the price of drugs in King Street pharmacy rising so much.
“I don’t see any reason why it’s not the best,” he told ABC Radio Melbourne.
“They’ve been working hard at it and I don’t think they’re going to be in a position to make a dent in the market.”
Pharmacy consultant KingsMarket chief executive officer Michael White said King Street was one of the top three pharmacy chains in Australia, with a combined operating income of $4.6 billion in 2017-18.
He said the increased competition had forced the pharmacy to compete with other chains in the area.
“The competition is going to drive prices up and the cost per patient will be higher, but I think the competition has driven prices down significantly,” he explained.
“That’s what’s really driving the prices up.””
That’s what’s really driving the prices up.”