Media Release: Woolworths Limited.

(From MediaNet Press Release Wire)

This is a media release - distributed by AAP MediaNet

PHARMACY GUILD COSTING AUSTRALIA $500MILLION A YEAR Monday 9th May 2005 Woolworths Limited Managing Director and CEO, Roger Corbett, has described Pharmacy Guild comments on the ACIL Tasman report into potential cost savings from deregulation of the pharmacy trade, as "predictable and alarmist." "The Guild seems to have dismissed the need to investigate opportunities for any savings for Australian families and taxpayers and to reject any competition that might threaten the profits made by its members. "With the budget set to be handed down this week, I would hope the Government ignores the hysteria from the Guild and carefully weighs the potential savings offered by the findings of the ACIL Tasman report against the …