Profile: Australian Pharmaceutical Industries Ltd (API.AX)

Australian Pharmaceutical Industries Limited is engaged in the wholesale distribution of pharmaceutical and allied products; retail operations of the brands Priceline and Priceline Pharmacy, and the manufacture of pharmaceutical medicines and consumer toiletries. The Company operates in three segments: pharmacy distribution, retailing and manufacturing. The pharmacy distribution segment is engaged in the distribution of pharmaceutical and medical products to pharmacies. It is an also a provider of retail services to pharmacy customers. The retailing segment is engaged in the purchase and sale of various health, beauty and lifestyle products within the retail industry in Australia. The manufacturing segment is a manufacturer and owner of pharmaceutical medicines and consumer toiletries. The Company’s manufacturing operations are located in New Zealand. Its subsidiaries are Healthcare Logistics Pty Limited, API Victoria Pty Limited and Pharma-Pack Pty Limited.