Wellnex Life to rise 117pc in next 12 months forecasts Vested Equities
November 28, 2023
About Wellnex Life
Wellnex Life (ASX: WNX) is a specialist Australian brand and distribution company focused on the consumer health & wellness industry. The company has secured ranging and distribution agreements with major Australian retailers including Chemist Warehouse, Woolworths, Coles and CH2 and is growing its margins with the launch of a wholly-owned digital sales channeland shift to Wellnex-owned brands.
Watch this 5-minute video to hear from CEO Michael Davidson to learn more about:
- How Prescienttherapeutics has accelerated its growth through partnerships with industry leaders Square, Stripe and Zip
- How the company’s pure tech approach and first-mover advantage is disrupting the SME finance market with more than 1.25 million potential customers
- How the company organically grew 420% since March 2021, hitting 30% quarter-on-quarter growth in March 2022, and its plans to continue growing exponentially
To stay up to date with Prescient Therapeutics or to receive alerts on company events, please register your details.
Our board
Board
Management
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Zack Bozinovski
Managing Director
Zack Bozinovski
Managing Director
Zack is a highly successful and seasoned executive in the Australian retail industry with over 35 years’ experience within FMCG and Pharmaceutical companies in Australia and internationally. Zack has previously held senior positions at Uncle Tobys/Goodman Fielder, PepsiCo and Sigma and successfully developed and established many brands in the Australian retail sector. Zack most recently held the position of Managing Director at Brands Solutions Australia. Zack was also a co-founder of Voost Vitamins, recently sold to Proctor & Gamble.
Mario Tascone
Non-Executive Chairman
Mario Tascone
Non-Executive Chairman
Mario’s pharmaceutical career spans over 30 years, beginning his career alongside Mario Verrocchi as an intern in 1989. Mario progressed into owning and operating 8 stores. He then became COO at CW Group Holdings (Formerly AMS) – the largest franchise pharmacy group in Australia, overseeing its expansion from 70 to nearly 650 stores across Aus, NZ, China and Ireland. Mario is currently the Managing Partner and Executive Director at CWGH.
Andrew Vidler
Independent Non-Executive Director
Andrew Vidler
Independent Non-Executive Director
Andrew Vidler has comprehensive experience across retail, consumer health products and retail pharmacy. Andrew in his over 30 years’ experience includes nearly 20 years with the EBOS Group (formerly FH Faulding, Mayne Group and Symbion), where across many roles he led the Terry White and Chemmart pharmacy brands and the Endeavour consumer health products business. For the last 4 years Andrew worked for API Limited (now Wesfarmers Health) where he was responsible for the Priceline retail and Priceline pharmacy business. Andrew has an excellent track record of building strong team cultures while ensuring they say focused on the marketplace and building customers with an active preference for the products, brands and retailers he oversees.
Jeffrey Yeh
Non-Executive Director
Jeffrey Yeh
Non-Executive Director
Jeffrey Yeh is an experienced all-rounded entrepreneur, with over 21 years’ experience in all aspects of pharmaceutical sales, marketing, production, quality assurance, operations, logistics, finance and management. Jeffrey co-founded Homart Pharmaceuticals in 2002, and since then has grown Homart into a premier and award winning manufacturing and brand business with over 200 employees and an international presence.
George Karafotias
Chief Executive Officer
George Karafotias
Chief Executive Officer
George is a specialist in restructuring, reinventing and implementing turnaround strategies for various ASX-listed companies with great success. His extensive experience includes an established track record with publicly-traded businesses, predominantly in senior executive positions. He is also a non-executive Director of Perpetual Resources Limited (ASX:PEC), and holds a Bachelor of Commerce degree from the University of Adelaide.
Eric Jiang
Independent Non-Executive Director
Eric Jiang
Independent Non-Executive Director
Eric Jiang is a corporate adviser and independent board member. Eric brings a distinctive understanding of the cultural, economic and strategic context in which Australian businesses engage with China. Eric has previously sat on the boards of ASX listed corporates Connexion Media Limited (ASX:CXZ), Perpetual Resources Limited (ASX:PEC) and Wingara AG Limited (ASX:WNR). He is a past President of The Chinese Community Council of Australia.
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George Karafotias
Chief Executive Officer
George Karafotias
Chief Executive Officer
George is a specialist in restructuring, reinventing and implementing turnaround strategies for various ASX-listed companies with great success. His extensive experience includes an established track record with publicly-traded businesses, predominantly in senior executive positions. He is also a non-executive Director of Perpetual Resources Limited (ASX:PEC), and holds a Bachelor of Commerce degree from the University of Adelaide.
Zack Bozinovski
Managing Director
Zack Bozinovski
Managing Director
Zack is a highly successful and seasoned executive in the Australian retail industry with over 35 years’ experience within FMCG and Pharmaceutical companies in Australia and internationally. Zack has previously held senior positions at Uncle Tobys/Goodman Fielder, PepsiCo and Sigma and successfully developed and established many brands in the Australian retail sector. Zack most recently held the position of Managing Director at Brands Solutions Australia. Zack was also a co-founder of Voost Vitamins, recently sold to Proctor & Gamble.
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Live investor Briefing
Wellnex Life (ASX: WNX)
Register for an Upcoming Webcast
Please join Wellnex Life CEO George Karafotias, MD Zack Bozinovski and new Board appointment Andrew Vidler for an investor briefing.
In this session, they will discuss:
- How the transformative acquisition of leading topical pain relief brand Pain Away complements Wellnex Life’s position and growth strategy whilst adding immediate scale
- Why global and domestic industry leaders like Haleon, Chemist Warehouse, Coles and Woolworths choose to partner with Wellnex Life
- What the reset leadership team is focused on
This is a live and interactive online session, and participants are encouraged to ask questions. Spots are limited, so secure yours today.
Can’t make this time, register to receive the replay.
Book Your Spot
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Register for an upcoming investor briefing with Wellnex Life to hear a company update and goals for the year.
