Wellnex Life Limited, page-9

An important point that hasn't been covered is the addition late last year of Mario Tascone to the board of Wellnex

Mario has been pivotal in his managing partner role at Chemist Warehouse, helping grow the company to over 535 stores nationally across Australia and over 20,000 employees

This is his first board position on an ASX listed company, a huge benefit to a company like Wellnex having somebody of his caliber to help steer the ship, with his pharmaceutical career spanning over 30 years, and particularly at this point in time with the LSE listing on the horizon for Wellnex. He's also holding over 18m shares in Wellnex.

Chemist Warehouse is currently going through a reverse takeover with Sigma, with the proposed RTO between the two to result in an $8.8 billion company.

An interesting part of the reverse takeover (if it eventuates) is that around ~90% of the combined group earnings will come from Chemist Warehouse alone.

Wellnex's supply agreement with Haleon ($30b market cap) to launch its products in both the U.K & UAE is close to coming to fruition, which is currently only covering Australia & New Zealand. It'll start off by specifically focusing on its liquid paracetamol + ibuprofen products, however the expansion into these territories is a massive game changer in itself, where further opportunities for more products to be added to the product line offered to these regions will likely be the plan

Its a big tick of approval to have the likes of Haleon & co on board with Wellnex, especially through this important growth phase for the company