Sigma Pharmaceuticals has extended its wholesale and services agreement with Pharmacy Alliance, in a deal worth $400 million in revenue.
For the next decade, Pharmacy Alliance will continue to give aggregated buying and support services to more than 460 pharmacies across the country.
Sigma CEO Mark Hooper says a long term agreement such as this demonstrates PA’s confidence in the company and will give Sigma greater revenue security.
For the full financial year ended February 2014, Sigma reported a net profit of $53.5 million.
