The corporate regulator has alleged the employee sold shares while in possession of insider information about major contract negotiations.
The pharmacy operator says there are bright spots despite virus lockdowns providing challenges for some chemists.
LOGOS Property has formed a new partnership with the NSW government's financial management and investment arm,TCorp,in the acquisition of $172 million worth of assets from Sigma Healthcare.
The wholesale pharmacy operator is preparing its balance sheet to spot opportunities despite Victoria's second wave.
The pharmaceuticals wholesaler said its key projects were still on track despite opposition to retention bonuses.
The pharmacy wholesaler said its sales volumes in March were 80 per cent above expectations as coronavirus panic buying boosted demand.
Australian Pharmaceutical Industries has called off its pursuit of fellow pharmacy operator and distributor Sigma Healthcare,saying the merger was no longer an attractive proposition.
Mark Hooper said a stoush between the Pharmacy Guild and discount outlets like Chemist Warehouse was a rehash of old debates unlikely to change the status quo.
Sigma Healthcare chairman Brian Jamieson to step down as shareholders deliver a strong vote against the remuneration report.
Sigma will cut about 500 staff this year as part of its plans to generate $100 million in annual cost savings when its Chemist Warehouse contract ends in July.
Sigma walking away from API's takeover deal caused the biggest upset on the bourse on Wednesday,while Appen shares recovered.