Pharmx Technologies partners with Toniq to expand pharmacy automation in New Zealand

Pharmx Technologies Ltd has reinforced its market presence in the Australia-New Zealand (ANZ) pharmacy sector by forming a strategic partnership with Toniq, a leading provider of pharmacy software solutions in New Zealand. This collaboration significantly enhances Pharmx Technologies’ pharmacy network coverage, allowing the company to reach 99% of pharmacies across both Australia and New Zealand. By integrating Pharmx Gateway, an advanced electronic data interchange (EDI) platform, into Toniq’s extensive pharmacy software ecosystem, the partnership aims to revolutionise pharmacy supply chain automation and enhance operational efficiency for pharmacies and suppliers alike.

How does the Pharmx-Toniq partnership improve pharmacy operations?

Pharmx Technologies and Toniq are working together to modernise pharmacy supply chain management by enabling seamless access to the Pharmx Gateway. Pharmacies using Toniq’s point-of-sale (POS) and dispensary software solutions will now have the option to migrate to Pharmx Technologies’ EDI platform, which provides real-time inventory ordering, automated eInvoice generation, and direct supplier connectivity. By integrating these features, the partnership streamlines pharmacy operations, reducing the administrative workload associated with manual inventory management and order processing.

Toniq holds an 85% market share in the New Zealand pharmacy software sector, supporting more than 900 pharmacies. By incorporating the Pharmx Gateway, the company is bringing enhanced automation tools to its extensive network, allowing pharmacies to focus on patient care rather than time-consuming supply chain tasks. Pharmx Technologies, in turn, benefits from greater market penetration, enabling its supplier customers to expand their reach and grow their businesses across the ANZ region.

What efficiency gains does the Pharmx Gateway offer pharmacies and suppliers?

The Pharmx Gateway is designed to streamline pharmacy operations, reducing errors and enhancing order accuracy. Pharmx Technologies has reported that its platform saves pharmacies an average of 40 minutes per order, which can equate to one full-time employee annually in workload reduction. Suppliers also experience substantial efficiency improvements, with processing times reduced by approximately 15 minutes per order. These savings translate into faster turnaround times, lower operational costs, and a more responsive supply chain that benefits the entire pharmaceutical distribution network.

By automating inventory tracking, supplier transactions, and invoice generation, the Pharmx Gateway helps pharmacies optimise workflows while reducing the risk of stock shortages and ordering errors. This system ensures real-time updates and enhanced supply chain visibility, allowing pharmacies to maintain adequate stock levels without over-ordering or experiencing disruptions in product availability.

Why is this partnership a major milestone for the ANZ pharmacy market?

The integration of Pharmx Technologies’ ordering platform with Toniq’s pharmacy software solutions establishes a new benchmark for digital transformation in the ANZ pharmacy sector. With 99% market coverage across Australia and New Zealand, Pharmx Technologies is now positioned as the leading pharmacy ordering network in the region. While the financial impact of this partnership remains undisclosed, the collaboration strengthens Pharmx Technologies’ market dominance and reinforces its commitment to industry innovation.

According to Tom Culver, CEO of Pharmx Technologies, the company’s expansion into New Zealand through this partnership represents a significant step in its mission to modernise pharmacy supply chains. Pharmx Technologies has already driven supply chain digitalisation across Australia, and the integration with Toniq’s pharmacy software ecosystem is expected to accelerate adoption of automated inventory management solutions in the New Zealand market.

How will the Pharmx-Toniq collaboration reshape pharmacy supply chains?

The Pharmx-Toniq partnership reflects the growing demand for automated pharmacy solutions that prioritise efficiency, accuracy, and seamless supplier connectivity. As pharmacies and suppliers increasingly adopt technology-driven inventory management systems, this collaboration is expected to improve transaction workflows, minimise administrative burdens, and enhance the overall efficiency of the pharmaceutical supply chain.

Toniq representatives have emphasised that the integration of Pharmx Technologies’ advanced ordering system with Toniq’s pharmacy management software will create a seamless and intuitive digital solution for pharmacies. By eliminating outdated, manual processes, the partnership enables pharmacies to transition to a fully integrated, automated supply chain model, ensuring that pharmacists can dedicate more time to patient care rather than administrative tasks.

What’s next for pharmacy automation in the ANZ region?

As the healthcare industry embraces digital transformation, the Pharmx-Toniq partnership is likely to set a precedent for pharmacy automation and supply chain digitalisation across Australia and New Zealand. Pharmx Technologies has signalled its intent to expand its service offerings by leveraging its extensive supplier network, advanced data analytics capabilities, and proprietary pharma-tech solutions to unlock new revenue streams while improving healthcare outcomes.

The shift towards connected, technology-driven pharmacy networks is expected to drive further innovation in the sector. With the integration of real-time ordering, electronic invoicing, and automated stock management, the partnership represents a significant leap forward in pharmacy supply chain efficiency. Pharmx Technologies and Toniq are now at the forefront of this digital transformation, setting the stage for future advancements in pharmaceutical logistics.