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Community Pharmacies

Part of the debate – in the House of Commons at 1:16 pm on 2nd November 2016.

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Photo of David Mowat David Mowat The Parliamentary Under-Secretary of State for Health 1:16 pm, 2nd November 2016

I need to make some progress. I will give way in a moment.

At present, the average pharmacy receives NHS income of £220,000 a year, which is based on throughput of £1 million from the NHS. That translates into a value of the order of £750,000 for each pharmacy. When pharmacies merge or are sold, that is what they are traded for and the changes will not make a significant difference.

Returning to an earlier point, 40% of all pharmacies are located within a 10-minute walk of at least two others. Instances exist of a dozen or more pharmacies located within half a mile of each other. As I noted earlier, each one will most likely be receiving £25,000 a year just for being there.