Report: Walgreens Boots Alliance exploring retail pharmacy options in Australia

Walgreens Boots Alliance is exploring the possibility behind opening a retail pharmacy stake in Australia, The Sydney Morning Herald reported Friday. Though current government restrictions prevent corporate-owned pharmacies from setting up shop, that could change as "the government has commissioned an independent review of pharmacy regulations, which is due to report in March 2017," the paper reported. "If ownership restrictions are maintained, Walgreens Boots would consider establishing a new franchise under the Boots banner or establish a partnership with one of the existing wholesalers." (The Sydney Morning Herald)