You are currently browsing the archives for 19 March 2016.
Displaying 1 entry.

It means a more sustainable PBS.

The Bill legislates price cuts to PBS medicines agreed in the Memorandum of Understanding between Medicines Australia and the Commonwealth. Shaw said Medicines Australia would work with all sides of politics and other healthcare stakeholders to ensure that the MoU was implemented efficiently. – This legislation is a reduction in the price consumers pay for hundreds of medicines on the PBS lead, Shaw said. – It will also ensure that Australian taxpayers equitable equitable agreement on the price the government to get for PBS medicines. Effectively, it means a more sustainable PBS.

Have ‘While the cuts contained in the Bill a significant financial impact on our member companies, the agreement is for a period of policy predictability for Australia’s medicines industry. Dr. ‘This knowledge enables Australian medicines industry to get on with what it does best, It brings life-saving drugs and vaccines to the community, to help Australians a healthy and happy life and invest in research into new therapies.