Pharmaceutical Society of New Zealand

Name

Pharmaceutical Society of New Zealand

Legal name

Pharmaceutical Society of New Zealand

Website

https://psnz.org.nz

Company type

Private

Founded year

1974

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Wellington

HQ country

New Zealand

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Membership Subscriptions: PSNZ generates revenue primarily through membership subscriptions from pharmacists, technicians, students, and interns across various membership categories including Full, Associate, Limited, and Technician memberships.
2. Education Courses and Training: Revenue from professional development courses including Intern Training Programme (ITP), PACT training, and accredited education. Pricing varies: $0 for members up to $186 for non-members on specific courses.
3. PACT Training Programme: Pharmacy Accuracy Checking Technician training with funded placements through Te Whatu Ora - up to 205 placements over 2.5 years. Additional revenue from technician training beyond funded placements.

Pricing tiers

Distribution channels4 records

Marketing channels7 records

Core offering

PSNZ is a professional membership-based association representing pharmacists in New Zealand. It sells membership subscriptions across categories (Full, Associate, Limited, Technician, Student, Intern) and delivers accredited education, practice support, advocacy, and professional development services including the Intern Training Programme (ITP), Pharmacy Accuracy Checking Technician (PACT) training, and continuing professional development (CPD) courses. It also operates the Community Pharmacy Anticoagulation Management Service (CPAMS) supporting warfarin patients.

Product overview

Pharmaceutical Society of New Zealand operates as a professional membership association offering a comprehensive ecosystem of products and services for pharmacists. The core offerings include pharmacy healthcare services (Emergency Contraceptive Pill, Erectile Dysfunction Treatment, Medicines Use Review, Quit Smoking, Selected Oral Contraceptives, Urinary Tract Infections, Vaccinations, and Warfarin INR Testing via CPAMS), professional education courses (Proof of Sickness Certificates, Implementing New Services, Consultation in Pharmacy), and training programmes (Intern Training Programme, PACT Training, QuickFOCUS education series). Additional member benefits include Everyday Practice Resources, Pharmacy Jobs Portal, Learning Directory, Wellness Hub, and Recertification Support. The society also provides advocacy, practice support, and sector support through various networks including NZPERF, NAMSIPEG, and CAPA.

Differentiator

Problem solved

Functional benefit

Products and services

• PSNZ Membership Subscriptions
• Intern Training Programme (ITP)
• Pharmacy Accuracy Checking Technician (PACT) Training Programme
• Community Pharmacy Anticoagulation Management Service (CPAMS)
• Issuing Proof of Sickness Certificates: A Guide for Pharmacists (Education Course)
• Implementing a New Service in Your Pharmacy (Education Course)
• Consultation in Pharmacy - On Demand (Education Course)
• QuickFOCUS Education Series

Quantifiable outcome

• 244 interns in ITP (largest ever cohort)
• +2 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• Ngā Kaitiaki o Te Puna Rongoā (Māori Pharmacists' Association)coreStrategic or Co-development Partner · 1 January 2020Māori Pharmacists' Association (MPA) president is appointed to PSNZ National Executive Committee. PSNZ amended its rules to allow this appointment as part of Treaty of Waitangi obligations and commitment to equity. This represents formal partnership in governance and strategic direction.
• Te Whatu Ora (Health New Zealand)coreStrategic or Co-development PartnerTe Whatu Ora provides funding for PSNZ education programmes including PACT training (205 placements over 2.5 years), CPAMS service funding, and various pharmacy services. PSNZ provides accredited training and education to support government health workforce objectives.
• Connect CommunicationsminorStrategic or Co-development PartnerPSNZ partnered with Connect Communications to provide free wellbeing resources for members - tailored training for health professionals managing pressure, conflict, burnout and communication issues.
• Clinical Advisory Pharmacists Association (CAPA)minorStrategic or Co-development PartnerCAPA is listed as a sector support organization under PSNZ. Both organizations collaborate on advocacy, including joint statements on Comprehensive Primary and Community Care Teams (CPCTs).
• New Zealand Hospital Pharmacy Association (NZHPA)minorStrategic or Co-development PartnerPSNZ supports NZHPA's position statements and collaborates on hospital pharmacy sector issues. Both organizations advocate for the pharmacy profession.
• Pacific Pharmacists' Association (PPA)minorStrategic or Co-development PartnerPPA is referenced as a sector organization working on addressing information gaps for Pacific populations regarding medicines and pharmacy services.
• Pharmacy Guild of New ZealandminorStrategic or Co-development PartnerPSNZ collaborates with the Pharmacy Guild on COVID-19 response, practice guidance, and sector advocacy. Both organizations meet with Ministry officials to ensure members' concerns are heard.
• INR OnlinecoreTechnology or IntegrationCPAMS service utilizes INR Online decision support system for pharmacist dose adjustment decisions. The system is integrated with GP Patient Management Systems for seamless care coordination.
• Pharmacy Council of New ZealandminorOthersPSNZ works with Pharmacy Council on proposed changes to recertification requirements and professional standards. Council sets regulatory requirements that PSNZ supports members with.
• New Zealand Pharmacy Sector Leaders Forum (PSLF)minorStrategic or Co-development PartnerPSLF released a common purpose statement with representation from across the pharmacy sector including PSNZ, representing unified sector leadership.

Scale indicators8 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• International Pharmaceutical Federation (FIP): The global federation of national pharmacy associations, of which PSNZ is a member organisation. FIP sets international pharmacy workforce and education standards that inform PSNZ's practice frameworks and recertification offerings.

Direct peers

• National Pharmacy Association (UK): UK membership association for community pharmacy owners and pharmacists. NPA's membership, training and advocacy model overlaps with PSNZ's, making it a relevant comparator for member services and sector advocacy design.
• American Pharmacists Association (APhA): The largest US pharmacy professional association, providing advocacy, education, certification and member services. APhA's scope (membership, CPD, national advocacy) closely mirrors PSNZ's value proposition, scaled to the US market.
• Pharmaceutical Society of Australia (PSA): Australia's national professional pharmacy society, offering membership, continuing education, advocacy and practice support across all pharmacist scopes. PSA is the closest international analogue to PSNZ in mission, structure and service mix.
• New Zealand Hospital Pharmacy Association (NZHPA): NZ's specialty association for hospital pharmacists. PSNZ and NZHPA share hospital pharmacist members, collaborate on position statements and jointly advocate on sector issues, making NZHPA a direct peer in membership-association competition.
• Pharmacy Guild of New Zealand: The other major New Zealand pharmacy sector body, representing community pharmacy owners. PSNZ and the Guild overlap on advocacy, training and member services to the same pharmacist population, often collaborating on COVID-19 response and joint Ministry engagement.
• Royal Pharmaceutical Society: The professional body for pharmacists in Great Britain, providing membership, education, professional development and advocacy. Comparable to PSNZ in operating a national membership model with formalised education and policy functions.
• Canadian Pharmacists Association (CPhA): Canada's national pharmacy association offering advocacy, professional development, and member resources. CPhA's combination of policy influence, education programmes and member services parallels PSNZ's positioning in New Zealand.
• Pharmaceutical Society of Ireland (PSI): Ireland's professional pharmacy regulator and register, with parallel education, registration and member-facing functions. PSI provides a comparable national pharmacy professional body structure to PSNZ, albeit with regulatory authority.

Others

• Pharmacy Council of New Zealand: New Zealand's statutory regulator for pharmacists, setting competence and recertification standards that PSNZ's education services help members meet. Although a regulator rather than a peer association, it is the most adjacent body shaping PSNZ's training agenda.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Pharmaceutical Society of New Zealand