In December 2025, API (a Wesfarmers Health company), took the difficult decision to appoint receivers and administrators to 56 pharmacies within the Infinity Pharmacy Group (Infinity) following a significant deterioration of its financial position.
Infinity operates 92 pharmacies – 72 of which are Priceline Pharmacies – under individual franchise agreements with API. These stores have been owned and operated by Infinity-aligned pharmacist owners.
The appointment of receivers and administrators was taken to stabilise these pharmacy businesses, enabling their continued operation, delivery of community pharmacy services, and payment of team members and suppliers. These pharmacies continue to trade as usual and are not at risk of closing because it is the Infinity Pharmacy Group as a company that is affected by the receivers and administrators’ appointment.
Some media have reported that these Priceline Pharmacies are at risk of closure – nothing could be further from the truth.
Following escalating financial difficulties experienced by Infinity, the appointment of receivers and administrators remained the only responsible path to ensure these stores continue to operate and service their local communities.
Following stabilisation of these businesses, the administrators are now seeking expressions of interest from new pharmacist owners for these stores which will put them on a sustainable platform for the future.